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Old Store Card
Hi All, Just a quick one for you. Whilst Went BR in January, and whilst going through some old stuff in the loft I found a storecard that i had several years ago and its still at an old address (parents). Its not been used for and has had zero balance for at least 4 if not 5 years. As a result it was forgotten and not…
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Bankrupt as of 2/5/2007 9.57am
Thank you so much guys we had our court date yesterday and everything went really well. OH didn't need to see anyone the paperwork was taken to a judge and signed and then brought back to us signed of and we were declared bankrupt at 9.57am. We are now just waiting for the OR interview which will be in a couple of weeks…
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Bankruptcy and Assets
I've written elsewhere that something I'm considering to try and deal with my debts is bankruptcy, and a lot of people here as well as the CAB think it might be a strong option. Honestly it scares the heck out of me, but I'm trying to take the most sensible option possible. One of my major concerns about Bankruptcy is from…
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The Bankruptcy Board
I do occassionally pop in here to see how my former DFW friends are doing. You guys have, in fact, changed my opinion on bankruptcy, to seeing it as a neccessary support mechanism. A good result? Having read some of the vitriolic posts on recent threads, I feel there is a very clear 'get off our board' message going on. I…
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going to court tomorrow-yikes
I am going to the court tomorrow to sort out my bankruptcy, I actually plucked up the courage to go yesterday but the sods were on strike, so I'm going to try again tomorrow. Just hope they aren't on strike again. I'm a little nervous but think I will be more nervous about speaking to the OR because I've heard/read that…
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Oh what a mess!
Hi this is a long story and quite convoluted so i better get started. In 2002/3 the telecomms industry in my sector kind of imploded career-wise, as did my life. Relationship gone, industry and job prospects zero plus owed 25k to lloyds tsb and 8-9k on plastic. all in the space of 4 mths. Made homeless and then got an…
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Wot Do We Do Then
I'm new to all this computer stuff so my appologies to start with!! Here's my problem 60K in debt, IVA trying to be set up but creditors not going to meetings and only six days left before IVA fails, no savings, no financial help available from family, four kids, mortgage and the lot that goes with it, affraid of losing…
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Is it worse if a company applies for you to go Bankrupt?
Hi, I have been trying to get some advice re my brother and his outstanding debts and have many helpful replies so hoped you could all help me with this also. My brother has an IVA if he was to not make the payments on this I am led to believe that the company my file for him to be made bankrupt. If this happened is this…
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Take two second attempt at my I&E
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Council Tax arrears and BR
I am right that you can include Council Tax arrears in BR, right? What if it's only a couple of months, can that 'small' amount be included and does it affect how you pay the remainder of the year? AND What if the bill is in joint names and the other person has gone BR but the bill wasn't included in those proceedings as…
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My SOA, your input greatly appreciated!
DEBTS TOTAL MONTHLYFIRSTPLUS UNSECURED LOAN £35,000.00 £400.00 PARENTS £25,000.00 £260.00 STUDENT LOAN £7,000.00 £- STUDENT LOAN £6,000.00 £30.00 GOLDFISH CREDIT CARD £5,400.00 £120 MBNA CREDIT CARD £5,200.00 £120 EGG GREEN CREDIT CARD £2,950.00 £70 LLOYDS OVERDRAFT £2,030.00 £- EGG BLUE CREDIT CARD £1,693.00 £70 LLOYDS…
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FIRSTPLUS - NO ACTUAL LOAN AGREEMENT?! Can anyone on this board advise?
Hi there, I posted this on the Loans board but have only had a couple of replies, does anyone on here know anything that may help me? Very briefly, we took out a secured loan from FisrtPlus in May 06 for £70000. Due to huge debt problems we sold our property in December and paid FP £48000. The settlement figure they gave…
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Is this good for me?
Hi all, hopefully someone can help me with this. I am in the process of declaring bankrupt due to a failed business venture. My ex-wife, who was also my business partner has already declared BR so I am now liable for all debts. One of my creditors has written to me saying that if I don't pay up blah blah blah they will…
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Transfering Before BR
Be honest...has anyone transfered debt from the OH across to yourselve then gone BR. Did the OR question it?
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Sale of house before bankruptcy??
Hi all need some help please, due to my IVA failing i am in the process of getting a valuation done on my property and hopefully if there is enough equity hope to offer my creditors a full and final payment. However if there isn't as much equity as I require I will have to go bankrupt. If bankruptcy is the only option can…
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Discharged Bankrupt - Can i claim?!!
Please be gentle with me as I'm new and scared at the moment!!! After a few nightmare years financially I had to declare myself Bankrupt.This was a year ago and I am now discharged.My advice to anyone thinking of this is to do it , learn from it and move on, Anyway , my question to you all is - Can i reclaim my bank…
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Life Insurance & the OR
Hi guys, I was wondering if anyone has had any experience of 'buying back' their life insurance policies from the OR. I have two policies, one in my name, one joint with OH. Policy 1...no surrender value, OR will register interest for duration of policy unless I buy it back (equivalent of 12 mths premiums). Policy…
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Sliding Scale for IPA / IPO
Good morning Guys & Gals, Does anybody know where the link is for the Sliding Scale used to calculate IPAs / IPOs? I think it should be included in the Glossary of Terms so we can point people in that direction when they ask. Regards Richard
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Introducing me.
Well, here I am, facing up to my problem and realising the true horror. I have filled in my MSE spreadsheet, and once I did that and realised that *before food* and with no budget for fun and spontaneity, I am spending £500 a month more than I earn. I have been making all the minimum repayments, but then living on credit…
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Income & Expenditure A/C
Life is an expensive business, especially for those of us blessed with children :question:, and when you have to sit down and fill in the dreaded Income & Expenditure Forms it's all too easy to forget some item of expenditure that could well come back to haunt you if you're required to pay an IPA. I've included a list…
