-
I&E/SOAs Research
Hello guys! Now, as we have all come to find out, these boards are an amazing resource for those looking to find further information about bankruptcy through the various stages. Recently, we've been giving a lot of help on SOAs (or I&Es depending on where you're from) which has prompted a few questions for me. I am…
-
Advise Please - A Little Scared
Firstly let me give you some background. I have trolled on this page for a while and taking some of the advise I sorted my debts out by approaching Payplan and got the to sort out the accounts. I have now been making payments for a few months and felt relativley happy, I was clearing my debts (ok slowly) and finally…
-
Inland Revenue and Bankruptcy
Hi All, been reading a lot on here lately and the advice and knowledge being shared is amazing. So to my problem. I'm not terrifically in debt - I have credit cards and a personal loan which together total about 18,000. My problem is that although I am now PAYE, prior to that I was self employed and through a combination…
-
Couple more questions.
Trying to get my head straight before my CCCS and CAB interviews on Friday! the bumf they have sent in the post says about getting a new basic bank account ASAP. So I will head into town on thursday and speak to Nationwide. Do I need to disclose my probable impending bankruptcy when I apply? I'm scared of "showing my hand"…
-
Help getting bankruptcy fees paid
Hi guys, Thought this might come in useful for those people who are thinking about going BR but are having problems affording the fees. Somebody on another forum recently posted the following info taken from a leaflet from Severn Trent Trust Fund. Apparently the leaflet (only recently published) states: "In exceptional…
-
Dad - bankruptcy
Hello there, I normally frequent the debt free board however I would like to ask you advice on a matter concerning my Dad if that is ok with you guys?? Basically he went through a rough time over the past few years and to cut a long story short, has no where to live and debts all over the place. Some of which I think have…
-
mortgage payments while bankrupt
Applied for IVA, proposal rejected as Abbey would not except less than 40pence in the pound. Now looking at bankruptcy, my mortgage is also with Abbey, if the OR take my house as means for paying my debt so be it. Question Once bankrupt can i stop paying monthly mortgage as i do not see any benefit of paying when i will…
-
Mortgage payments while in Bankruptcy
Can someone help, Applied for an IVA, gone through paperwork reached proposal, before creditors meeting Abbey National rejected offer as it was less than the minimum 40pence in the pound, now looking at bankruptcy. Happy to go down this root, i have a mortgage through Abbey and i am happy to take this as an asset so i can…
-
please help
hi, im new here and have already found this site great :D To cut a very long story short i have been with the CCCS for 2 years now and owe £26,000. These debts were from a bad marriage and i was left with them and have been trying to pay them off. I am a single mum and i work but dont really seem to be getting very far.…
-
OR and cars ...
update .. just had an e mail from my OR and he said because the motability car is not mine and my old banger is worth less than 2,000 and I need it for travelling to work he will not be taking it ....phew .... Also told him my eldest daughter has moved back home after splitting from her boyfriend and because she still has…
-
recently discharged - "credit score" advice
Hi all. I regularly view these boards and have seen some great advice on various topics - I hope you can help me! I've recently been discharged from bankruptcy (couple of weeks ago) I'm now trying to work out how best to improve my credit so that in the future when I look to purchase a home etc I will get the best rates…
-
How's everybody doing?
I hope you don't mind, but I thought I'd start a thread so we can get an update on how everyone's doing pre and post bankruptcy…like who's for the chopping block next…Bakey? Has Blind finished his SoA? Is Alan still wading thru his 'to do' list or has he taken up permanent residence in the Bankrupt Arms? Anybody due a date…
-
Having a Panic Moment
Hello peeps, A bit of background....... Back in Dec 05 my ex b/f (waster) drove my car while uninsured & crashed it. The car was undriveable as a result (or so I thought) and it was abandoned outside his house. I reported him to the police & he was later charged. However in the meantime there was a notice put on the car by…
-
Any advice greatfully received
Hello there I was advised to look at this site by a debt adviser - looks like you know your stuff :) I'm completely new to this bankruptcy thing, so please excuse any ignorant comments... a bit of background stuff: - I'm 30 and when I was 20 I took out a loan for £10,000, which, for a number of reasons, I've been unable to…
-
Think IVA was wrong choice...
A year ago I got an IVA, but I think it was the wrong decision. I owed over £35,000 and the IVA was for £350 a month, which I have managed each month without fail, but now things are going a bit mad. My car died a couple of weeks ago, totally, and I cannot replace it. Without it, I am finding it nearly impossible to get to…
-
Going Bankrupt soon!YIPPEE!!
I have made the decision to go bankrupt soon.I've been reading through this forum & have a question to ask! I've read a few posts saying that a judge will insist that you have sought advice from CCCS or Payplan,before granting bangruptcy.I have spoken to neither of these,only the CAB. Can anyone advise as to wether this…
-
Life after being discharged ?
After reading various posts on here most people appear to be discharged after 12 months. What happens after this as i know a guy who went bankrupt about 12 years ago for a debt of 8k and last year had a letter demanding 30k and was forced to sell his house. I thought everything was written off after you have been…
-
Do CC force bankruptcy? (forwarded from debt-free wanabee)
Hi, I have large cc debts - 86K that have accumulated since becoming ill 10 years ago. The illness (more a disability) makes it hard for me to hold down a full time job. At 49 years old and out of work again I've decided I'm too tired to fight the debt and the illness. I've been advised to apply for disability living…
-
OR and self employed records ....
Had phone call from OR saying I have to go in for a face to face meeting as i'm self employed .... i only do 18 hours cleaning for people i know . Do i need to take all records from when i started in 2002 ? There isn't a problem in doing so as i have had to keep them for working tax credits but they are hand written in a…
-
Nil Tax Code?
Just been reading about this. Is it a definite? Or just one of the options available to the OR? Is it just me that finds the idea of the tax man essentially paying my creditors strangely satisfying?
