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Ask a StepChange debt advisor a bankruptcy question
September 2021: We have started a new thread as the previous thread was becoming quite long. If you’re struggling with debt and have a question around bankruptcy, this thread is here to help. There are many trained advisors from the debt charity StepChange here on our Forum ready to answer your questions. They’re…
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Credit Reference File Clean Up - Post Bankruptcy
Updated 21/05/2023 by Sourcrates Post #1 - Credit Reference File Clean-up post bankruptcy. Post #2 - Letter to former lenders post bankruptcy. Post #3 - How to raise a complaint with the Information Commissioner. Post #4 - List of Data Controllers. CREDIT REFERENCE FILE CLEAN UP – POST BANKRUPTCY There seems to be a lot of…
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Bankruptcy & Living With It Sticky
Useful Forum threads from this board: * Ask a StepChange (formerly CCCS) counsellor a bankruptcy question * This board is for help not judgement If there are any other threads you’ve found to be particularly helpful on this board, do let me know. Related content from MoneySavingExpert.com: * Debt management solutions *…
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Credit Reference File Clean Up Post Bankruptcy
Updated 21/05/2023 by Sourcrates Post #1 - Credit Reference File Clean-up post bankruptcy. Post #2 - Letter to former lenders post bankruptcy. Post #3 - How to raise a complaint with the Information Commissioner. Post #4 - List of Data Controllers. CREDIT REFERENCE FILE CLEAN UP – POST BANKRUPTCY There seems to be a lot of…
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Link Financial Outsourcing
Hi all, been a long time since last posted, again i would like to thank everybody on this forum for their help and advice. so my question is, i went bankrupt on 26th August 2020 recieved a letter from link financial outsourcing saying they had bought one of my debts from the co-op bank which was included in my bankruptcy,…
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Over the 6 year BR rule and still no overdraft facility
Hello I'm well over the 6 year BR rule and still cannot get even a low overdraft. I checked my credit file and it is clear. Don't really need it but it is a good safety net sometimes, but still can't get one. Anyone have any ideas? Thanks
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Scared and unsure
Hi all, finally having recently been diagnosed with PTSD going back 15 years tours of Iraq screwed with my head. I am getting the help I should have done years ago. PTSD side effect means I cannot budget and I make stupid financial decisions. As off 1530 today I have submitted my bankruptcy application. Haven’t made any…
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Bankruptcy & Beneficial Interest experience
Hello all, First post ever in a forum! I will be declaring myself bankrupt, main creditors are HMRC for unpaid income tax plus fees and interest. Insolvency Service for an overdrawn DLA and then credit cards and unsecured borrowing. Due to the amount owed, in excess combined £200k, and no income source I am not eligible…
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Bankruptcy - Intrum chasing
Hi all, went bankrupt in 2017, long story. Now being chased by Intrum for debt from before then….massively exaggerated too. Surely my entry in the Gazette from that year should settle this?
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75 and in an IVA - should consider bankruptcy?
This discussion was created from comments split from: Bankruptcy.
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Being chased for debts that were included in my bankruptcy
Hi, I am new here and would like some advice. I went bankrupt on 3rd December 2025. According to the insolvency register, I am automatically being discharged from bankruptcy on 3rd December 2026. Up until recently, I thought my bankruptcy was going well. I've only heard from the official receiver once, and that was the…
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Bankruptcy
I am months away from declaring bankruptcy. I have been to two debt advice charities that both suggest that bankruptcy is the most viable option for me. The problem? It costs money to declare bankruptcy and my income doesn't actually cover my outgoing costs. I am unable to borrow any money to cover the cost of declaring…
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Historical bankruptcy - I need advice please
Hi, I had to declare myself bankrupt way back in 1999. For the pretty low sum of approx £15,000 but at the time it was unmanageable for me to handle this. I took complete responsibility for my debt as it included bank loan and credit card debts which started when I was at uni, it also included a loan for a car which was…
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Bankruptcy and beneficial interest
hello, I’m in a bit of a mess, I owe £35,000 and am looking at options to get out of debt. I’m embarrassed to say that my husband does not know about the debt, and I don’t want him to. He owns the house, I’m not on the mortgage, and we have no shared debt or finances. 2 questions really, can I go bankrupt without my…
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Bankruptcy forms
hello, I’m in the process of filling out the online forms for bankruptcy. I live with my wife and 4 children My wife was medically retired 2 years ago which has lead us to this decision I work full time and she receives disability benefits and universal credit I have 2 loans and credit cards totalling £45,000 The forms…
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Please help? Mobile phone contract
hi I was made bankrupt in April I told I’d mobile on a number times about it but getting nowhere! Received this today Hi xxxxx Thank you for your response and for verifying your information. Once again, I'm sorry to hear about the difficulties you've experienced, and I appreciate you taking the time to explain your…
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DCO Serquestration Bankruptcy in Scotland
Hi my 12 months bankruptcy is coming to an end. My DCO is set at zero as I've had no disposable income. My question is if I have any extra money in say 6 months - a years time, can payments start being set up? Citizens advice say it'll only be set up in the first 12 months and not after discharge, but I'm reading otherwise…
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Question regarding IPA
Hello all, first time posting, I recently filed and was accepted bankrupt on 27th May, I had no interview with OR and was given my order, however, I now have a call with a gent from the IPA team on Friday to go double check my Ins and Out goings, I’m incredibly nervous about this, is anyone able to say if the call is quite…
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PG called in and made me bankrupt, is it irresponsible lending?
Hi Everyone, I am looking for some help. My company entered into voluntary liquidation in January 2025. We had several business loans, and an overdraft, totalling around £160k. One of our creditors actually made me personally bankrupt because I sign a trade agreement account with them in 2020 and totally didn't know it was…
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Stressed and scared
Hello, My IVA officially failed on 04/03/26. My dad died this week. My dad's 'estate' if such a thing exists will be a sizeable amount but it won't be enough to clear my debts. I don't know what I should do. I am hoping to go bankrupt soon but if I do…I imagine anything my dad leaves to me will be gone, nothing I can hand…
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Forgotten to add unsecured debt on my bankruptcy
Hi, ID Mobile debt that existed prior to my bankruptcy. I was made bankrupt in April 2026. The debt in question was incurred before my bankruptcy and is unsecured. Although I mistakenly failed to include it in my bankruptcy application, my understanding is that pre-bankruptcy unsecured debts are still covered by the…
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IPA Concerns Close To Discharge
Hi all, I am due to be discharged from Bankruptcy on 10th June 2026. So so close! It has been a tough year, and to date, I have no IPA in place due to no excess to impose one after my I&E form. My employer has given me a £1,000 PA pay rise, taking my income to £41,000. I have advised the IP of this, they have asked to see…
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Home insurance
Hi My bankruptcy has been discharged over 18 years. I’ve just gone to renew our home insurance (contents and building) and noticed that at the bottom is has ‘assumptions’ and one of them is not ever been declared bankrupt. We’ve been with them 9 years and have never noticed this before. Also bank with them. The insurance…
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A real dilemna ..... Bankruptcy looms.
Hello. I hope someone may be able to assist or at least signpost where we may be able to get the best advice so please don't judge us. My wife and a family member bought a property some years ago. The purchase was made via a ltd company with a 50/50 shares split. All was well until the family member informed my wife that…
Discussions here cover two debt management solutions - Individual Voluntary Arrangements (IVA) or Debt Relief Orders (DRO).
7.3K discussions
41.9K comments
Most recent: IVA and Trading prop firm by ManyWays
8 September at 6:21PM
