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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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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…
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IPA Help please
Hi, Im new here and my head is spinning so thought I would come here and ask for some advice. I am considering going bankrupt, please dont judge, due to drop in commission in work, credit shuffling, mental health and a gambling addiction. I am no longer gambling and have seeking help in the mental health issue. But my main…
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Potential bankruptcy to end financial abuse by ex on joint negative equity mortgage
Long story short, when I was 20 years old I purchased an apartment with a boyfriend. We tried to sell the property a few years ago upon a nasty, long time coming separation, but ended up messed around by a sale that took over 12 months, by which point the property fell into negative equity and has continued to drastically…
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Bankruptcy and Help to Buy
Hi Has anyone gonna bankrupt and managed to keep there help to buy house??? It’s just I have read that it breaks the rules and they can call in the loan. Tried to call help to buy but they can’t answer what would happen as i need financial/legal help. when i explained no i just want to know as long as we can keep up…
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Really confused about tax code update
Hi everyone Please forgive my ignorance here but I am confused? Went BR in Feb 26. Just received an HM letter stating following:- I Need to complete a self assessment for April 25 to April 26 My employer took tax from my pay and pension and letter states they shouldn't have. They are refunding the amount taken to my…
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New here considering bankruptcy
hi all I am reading through all of the information to try and help me make a decision. I have a large hmrc debt and am struggling to manage the monthly arrangement with them. I am a bit overwhelmed with all of the information on here so while I am looking through thought I would ask a question here and there for a quick…
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Car issues while bankrupt
We are 4 months into bankruptcy (sequestration) and our car is off the road, likely to cost more than it’s worth to fix. We live very rural and rely on the car for essential journeys to work and have a disabled child. We cannot function without a vehicle. What are our options? Can we finance a replacement vehicle? We will…
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Husband debts
my husband runs small Ltd company, self employed, he signed finances with director warranties which I was not aware off as he assured me if things goes ever wrong he is not personally responsible. Now his two assets went to action as he was not able to keep up with payments. He has credit cards but none of it is joint.…
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Received this email today? Life insurance
As the policy has no current value, the Official Receiver is offering to sell their interest in the policy back to you for a fee of £50. If you wish to proceed, please refer to the payment details on page four of the letter and sign the declaration form on page three. We accept digital signatures or a clear photograph of…
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State pension and an IPA
Hi, and I'm looking for a bit of help for a friend of mine who's in her 60's and will be applying for bankruptcy in a few weeks but is confused about her state pension. She receives the full new state pension which is paid at £921 every 4 weeks which is her sole source of income and most of her social housing rent and…
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Need advice: Setting aside a CCJ with "No Objection" from Claimant (Moriarty Law) – DIY or hire a so
Hi everyone, I’m looking for some quick advice on a CCJ removal. The Situation: • Claimant: Moriarty Law. • Debt: £428.34. • The Issue: A CCJ was issued in Dec 2024. I was never served because I was homeless/sofa-surfing at the time (I have Deliveroo GPS logs and messages from my host proving my actual residence in a…
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Bankruptcy and Money Lent to Friend
Good Morning, I wonder if anyone can offer me any insight? I am in the process of preparing all the information I need to declare myself bankrupt with debts of circa 35k and no realistic way of servicing them and I am concerned because in mid-October 2025 I lent £650 to a friend via a bank transfer. I know I shouldn't have…
Discussions here cover two debt management solutions - Individual Voluntary Arrangements (IVA) or Debt Relief Orders (DRO).
7.3K discussions
41.9K comments
Most recent: DRO Approved - What Happens N… by Jamie_37
5 July at 9:34PM
