Ask a StepChange (formerly CCCS) counsellor a bankruptcy question

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Comments

  • Angeer68
    Angeer68 Posts: 1 Newbie
    Hi

    I'm in a single parent based in Scotland and have a DPP done through Step change, it has been running for about 6 months. I am struggling financially not due to any change in circumstances just due to 2 growing teenage boys and trying to finance them through school and college and now wanting driving lessons etc.

    I have a mortgage on my house with about £85000 outstanding on it, my house is valued between £150000 and £160000.

    My question is there any way the equity in my house can be used to pay of the DPP (probably about £30000)

    Thanks in advance
  • nikkirr
    nikkirr Posts: 42 Forumite
    I'm due to apply to go bankrupt shortly but have recd overpayment notices from housing benefits and council tax. Will these go into my bankruptcy?
  • CIS
    CIS Posts: 12,260 Forumite
    Name Dropper First Post First Anniversary
    Overpayments of council tax support will simply adjust the council tax charge which is outstanding - in most cases the outstanding council tax charge can be covered by a bankruptcy.

    Craig
    I no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.
  • FixitM
    FixitM Posts: 172 Forumite
    Eliza wrote: »
    You need to click through your details (no it isn't obvious) and then you'll see it says date of discharge.


    Thank you, I've managed to find that by clicking through.
  • StepChange_Allen
    StepChange_Allen Posts: 352 Organisation Representative
    First Anniversary First Post
    Angeer68 wrote: »
    Hi

    I'm in a single parent based in Scotland and have a DPP done through Step change, it has been running for about 6 months. I am struggling financially not due to any change in circumstances just due to 2 growing teenage boys and trying to finance them through school and college and now wanting driving lessons etc.

    I have a mortgage on my house with about £85000 outstanding on it, my house is valued between £150000 and £160000.

    My question is there any way the equity in my house can be used to pay of the DPP (probably about £30000)

    Thanks in advance

    Hello there

    Welcome to the forum and thanks for posting.

    The best thing to do would be to call our DPP team in Glasgow and explain what you'd like to do, and they'll talk you through any options that could be open to you. They're the experts in dealing with DPPs so I wouldn't want to tread on their toes.

    I hope this helps.

    Allen
    I work as a debt advisor for StepChange Debt Charity and have specific permission from Martin to post on these boards to try and help those in debt. Read more information on StepChange Debt Charity in the Debt Problems: What to do and where to get help article. If you find you're struggling with debt and you need further help try our online advice facility Debt Remedy.

    Don't be afraid of getting debt advice. We'll help you take one more step towards getting help with your debt.
  • StepChange_Allen
    StepChange_Allen Posts: 352 Organisation Representative
    First Anniversary First Post
    nikkirr wrote: »
    I'm due to apply to go bankrupt shortly but have recd overpayment notices from housing benefits and council tax. Will these go into my bankruptcy?

    Hi Nikki

    Thanks for posting.

    Overpayments of housing benefit will definitely be included in a bankruptcy petition yes. A local authority can continue to collect council tax arrears after the bankruptcy order and before discharge, using a warrant of control, but only if they obtained a liability order for the debt before the date of the bankruptcy order.

    In practice this is rarely done, and if it is if you don't let the enforcement agents into your property and don't have your car parked outside, there's nothing more they can do realistically.

    I hope this is helpful.

    Allen
    I work as a debt advisor for StepChange Debt Charity and have specific permission from Martin to post on these boards to try and help those in debt. Read more information on StepChange Debt Charity in the Debt Problems: What to do and where to get help article. If you find you're struggling with debt and you need further help try our online advice facility Debt Remedy.

    Don't be afraid of getting debt advice. We'll help you take one more step towards getting help with your debt.
  • nikkirr
    nikkirr Posts: 42 Forumite
    Statement of Affairs & Personal Balance Sheet

    Summary

    Monthly Budget Summary Amount(£)
    Total monthly income 1,920.6
    Monthly expenses (incl. HP & secured loans) 1,957.66
    Available for debt repayments -37.06
    UNsecured debt repayments 0
    Amount short for making debt repayments -37.06
    Personal Balance Sheet Summary Amount(£)
    Total Assets (things you own) 0
    Total Secured & HP Debt -0
    Total Unsecured Debt -0
    Net Assets 0
    Household Information

    Number of adults in household 2
    Number of children in household 2
    Number of cars owned 1
    Income, Expense, Debt & Asset Details

    Income Amount(£)
    Monthly income after tax 726
    Partners monthly income 760
    Benefits 137.6
    Other income 297
    Total monthly income 1920.6
    Expenses Amount(£)
    Mortgage 0
    Secured/HP loan payments 0
    Rent 700
    Management charge (leasehold property) 0
    Council tax 138
    Electricity 35
    Gas 41
    Oil 0
    Water Rates 36
    Telephone (land line) 20
    Mobile phone 110
    TV Licence 12.12
    Satellite/Cable TV 44.3
    Internet services 14.5
    Groceries etc. 250
    Clothing 5
    Petrol/diesel 200
    Road tax 19.25
    Car Insurance 41.49
    Car maintenance (including MOT) 20
    Car Parking 0
    Other travel 0
    Childcare/nursery 0
    Other child related expenses 10
    Medical (prescriptions, dentists, opticians etc.) 0
    Pet Insurance/Vet bills 26
    Buildings Insurance 0
    Contents Insurance 0
    Life Assurance 0
    Other Insurance 0
    Presents (birthday, christmas etc.) 15
    Haircuts 0
    Entertainment 0
    Holiday 20
    Emergency Fund 20
    Husbands paymemnts 180
    Total monthly expenses 1957.66


    This is my SOA could u help if this is ok, phones and sky are contract and hubby pays them
  • StepChange_Private_Messages
    StepChange_Private_Messages Posts: 120 Organisation Representative
    First Post First Anniversary Combo Breaker
    Hi there

    Thanks for your message and getting in touch.

    From looking at these figures it looks like you could use some advice to help with your situation. I would suggest using our Debt Rermedy tool. This self-help tool will provide the best options for dealing with your debts. You can always discuss it with a debt advisor too if you want.

    I hope this helps.


    Richard



    nikkirr wrote: »
    Statement of Affairs & Personal Balance Sheet

    Summary

    Monthly Budget Summary Amount(£)
    Total monthly income 1,920.6
    Monthly expenses (incl. HP & secured loans) 1,957.66
    Available for debt repayments -37.06
    UNsecured debt repayments 0
    Amount short for making debt repayments -37.06
    Personal Balance Sheet Summary Amount(£)
    Total Assets (things you own) 0
    Total Secured & HP Debt -0
    Total Unsecured Debt -0
    Net Assets 0
    Household Information

    Number of adults in household 2
    Number of children in household 2
    Number of cars owned 1
    Income, Expense, Debt & Asset Details

    Income Amount(£)
    Monthly income after tax 726
    Partners monthly income 760
    Benefits 137.6
    Other income 297
    Total monthly income 1920.6
    Expenses Amount(£)
    Mortgage 0
    Secured/HP loan payments 0
    Rent 700
    Management charge (leasehold property) 0
    Council tax 138
    Electricity 35
    Gas 41
    Oil 0
    Water Rates 36
    Telephone (land line) 20
    Mobile phone 110
    TV Licence 12.12
    Satellite/Cable TV 44.3
    Internet services 14.5
    Groceries etc. 250
    Clothing 5
    Petrol/diesel 200
    Road tax 19.25
    Car Insurance 41.49
    Car maintenance (including MOT) 20
    Car Parking 0
    Other travel 0
    Childcare/nursery 0
    Other child related expenses 10
    Medical (prescriptions, dentists, opticians etc.) 0
    Pet Insurance/Vet bills 26
    Buildings Insurance 0
    Contents Insurance 0
    Life Assurance 0
    Other Insurance 0
    Presents (birthday, christmas etc.) 15
    Haircuts 0
    Entertainment 0
    Holiday 20
    Emergency Fund 20
    Husbands paymemnts 180
    Total monthly expenses 1957.66


    This is my SOA could u help if this is ok, phones and sky are contract and hubby pays them
    I work as a debt advisor for StepChange Debt Charity and have specific permission from Martin to post on these boards to try and help those in debt. Read more information on StepChange Debt Charity in the Debt Problems: What to do and where to get help article. If you find you're struggling with debt and you need further help try our online advice facility Debt Remedy.

    Don't be afraid of getting debt advice. We'll help you take one more step towards getting help with your debt.
  • king16
    king16 Posts: 12 Forumite
    edited 22 May 2017 at 8:42PM
    Hi. please could you tell me the rough wait time from sending all details in e-mail for a DRO (all income proof/debts/credit file ect) to hearing back from StepChange with the DRO application and the letter with the barcode on to take to post office to pay the fee? Thanks

    They was sent via e-mail on Thursday 18th May
  • StepChange_Rachael
    StepChange_Rachael Posts: 375 Organisation Representative
    First Anniversary First Post
    Hi

    Thanks for your post.

    I’m not sure if you’re a client with us or looking into a debt relief order (DRO) as an option.

    If you’re already a client of ours I’d suggest contacting us directly so we can discuss your application with you to give you accurate time frames.

    If you’re new to us and the email was your first contact I should let you know that our process would be to complete an advice session over the phone or online through our Debt Remedy tool first. This is so we can make sure we advise you of all your options and recommend suitable solutions that have a good chance of success.

    Whether you are a new client or not you can find our full contact details here.

    Thanks
    Rachael

    king16 wrote: »
    Hi. please could you tell me the rough wait time from sending all details in e-mail for a DRO (all income proof/debts/credit file ect) to hearing back from StepChange with the DRO application and the letter with the barcode on to take to post office to pay the fee? Thanks

    They was sent via e-mail on Thursday 18th May
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