[Spike]

Fired Apprentice candidate Ian Stringer has admitted that he is facing financial ruin.

The 26-year-old quit his job to compete for a career with Sir Alan Sugar on the BBC One reality show. However, he was rejected by Sugar in Wednesday night's episode of the programme and his old bosses do not want him back.

The home that Stringer previously shared with his wife Kirsty, who he walked out on last year, is now close to being repossessed. Ian also fears that Kirsty will take their two children to live with relatives hundreds of miles away.

"It has been hell. I'm on the edge of bankruptcy," Ian told the News of the World. "I can't pay my mortgage, I can't pay off my credit card, I owe my solicitor £600 but I can't even pay my £200 electricity bill. My home will be repossessed if we don't sell it fast.

"I've got zero money in the bank, an empty fridge, and just £15 in my pocket. That's all I'm worth."

In a recent interview with DS, Stringer insisted that he did not deserve to be fired by Sir Alan, blaming his team-mate Kevin Shaw for the boys' latest task failure.

DS