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Bankrupcy advice due to unfortunate circumstances
Hi i have recently became unemployed well 5 months ago i was on the sick from work due to be breaking my hand consequences of being assaulted. My work paid me for 2 months on full pay, then 1 month on half pay, they have now paid me off as i could not return to my work due to my injury. When i was paid off this resulted in…
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Whats my best Option
Have been reading these threads for some time while having my head in the sand and now things are finally catching up with me. I feel going bankrupt is the best solution. Here is a SOA so far. House Value 230k Mortgage £160000 £1050 pm Nemo Secured Loan £60000 £575 Pm Co-Op Visa £4500 £90 pm Lloyds Gold Card £15000 £300pm…
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OR requesting release
Hi Had some letters 'For information only' this week stating that my OR was applying to be released as my Trustee, and they were filing a notice stating 'that the investigation of the conduct and affairs of the bankrupt is concluded. Does this mean the end is nigh? They did mention an early release a while ago.
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Type of Tennancy agreement/form to show to OR
Hi all, Normally reside on Travel Boards but hope you can advise. Am helping a close friend to go BR (absolutely no other way for him). He plans on giving up his property (negative equity) & moving in with his girlfriend (she has a 2 bedroom flat which she rents from a local estate agent). Now the advice he's been given is…
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Few question regarding the online form
Hi there, this is my first post after just reading through the last 3 months! My husband and myself have to go bankrupt now as we have debts of around 80000£ and we can't see any other option. I just started filling in the bankruptcy form online and have a few questions: Do I have to fill in all the SAME details for credit…
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*soa*advice Needed
Hi As ive had a very good response on this forum for my friend i am now posting her SOA so any advice or some thing that can be added would be appreciated. 1 Adult and 1 teenager (aged 14)this is based on. All per month. DLA £249 Income support £521 Child benefit £73 Outgoings Water rates £41 Gas £50 Electric £50 Building…
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Ok know the rough date I'm going BR what next
Hiya, been down every avenue tried IVA, just finilising a few things and going to be ready to go Bankrupt end of June, what do i do next and long does it all take????? Help much apreciated
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BR and starting a business
I am going BR in July, am self employed at mo but would like in future to start a business that involves setting up research contracts and recruitment. As a BR can I strtr up a business as I've heard that I can never run a business-is this true? Cheers in advance
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Why cant i cancel a standing order
Ive tried to cancel a standing order online, This standing is with the Coop and the bank is Lloydstsb, It wont give me the option of cancelling. I have been able to cancel other D/D online but this one wont let me. Any ideas why ? Also if you read my other thread ( Need advice on bankruptcy ) A friend i was asking advice…
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Mortgages Abroad
Just two quick questions, if you are discharged from your BR in the UK 1. Can you get a mortgage abroad? 2. Are your UK credit files checked when applting in a different country? Thanks Stubie
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Does it come back and bite you?
Once you've been disharged, and 6 years has passed, and your credit file looks all clean and shiney again, do you have to admit to having been a bankrupt if you apply for anything? Or is the slate clean? I can't imagine I'm ever going to want credit again as long as I live, but who knows, maybe one day we might want to buy…
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still trying to figure out my options..
so i have another question.. if you are bankrupt and then a few months later get a job which pays more, do you have to tell the OR?
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Business account for a bankrupt
Hi I am a discharged BR of nearly two years (personal debt) and have recently formed a limited company. Does anyone know/had experiences of which bank to approach for a business account? I have a 'cashminder' personal account with the Co-Operative bank as they were the only ones who would touch me after BR. Any experiences…
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A Sobering Thought for Sunday
The Government's Insolvency Service has announced that there were more than 30,000 'Insolvencies', in England and Wales, during the first three months of this year. This is an increase of 23.9% on the same period in 2006. However, they go on to say that the rate of 'Insolvencies' is slowing down, as more and more creditors…
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Bankrupcy Advice
I wonder if anyone could answer a couple of questions for me? My friend has split up with her husband and has a 3 year old daughter which she has custody of. She recently found out he has loads of debts. She has a marital charge on the home they shared which is in his name only. One of these debts was for the mortgage for…
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The Bankrupt Inn Function Room. Intrim AGM Results !
Guys, As most of us were either too drunk to speak, or indeed looking after the people that were too drunk too speak. I think its only fair we have an 'Intrim' report... The final is yet to come... Its a free bar till 10, Buffet is Curry 'n' Hotpot, served around 10. Come on !! :beer:
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A question for anyone who filled their forms in online
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discharged bankrupt ok to joint buy our house now?
declared bankrupt in august 2004 discharged in march 2005 me and hubby deciding to buy our council house this year as it stands...i told hubby to go ahead with it just in his name as im unsure if my bankruptcy will have any affect on us buying it together. no papers signed yet as we are unsure if my name on the mortgage…
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"Debts included in Bankrupcy"
I've been reading lots of threads, as you do, and have come across the phrase "Debts included in bankrupcy" a fair few times. This implies that not all debts are included? Is this because some debts are exempt, ie student loans (thank goodness I don't have one of them to worry about!) or something else? And while I'm on…
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Creditor Hassle - Ringing Neighbours
Wondered if anyone has had similar experience/knowledge of why this might be happening...:confused: My o/h was made BR just under 6 years ago & has recently started receiving a number of letters from companies asking him to ring a number to discuss payment of outstanding debts. They don't include details of the debt and…
