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Why dont employers...?
Want to employ a bankrupt? What gives them the right to dismiss you if you do become BR? How are you supposed to move on if dont have a job?
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Making sense of your accounts
As some may know our situation is complicated. We had 3 properties (mortgaged) with a nasty mortgage company, took some of the money for the business and to pay the mortgage. Whilst doing a huge job for a firm that then liquidated oweing us just short of £100k, all the while we lived off of loans and cc's. Family tax…
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I'm frightened about going to court
As it says, really. I am such a wussy girl, and the whole idea frightens me, I really wish there was another way but I know ther isn't. I won't even go in the job centre as I find that intimidating enough. I am afraid I will be lectured and shouted at for getting myself in such a mess. TBH, the temptation to try to run is…
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Appreciate Any Advice
We Are A Married Couple Who Are Both In Debt, Would It Be Possible For One Of Us To Declare Ourselves Bankcrupt Or Would It Have To Be Both? Are Names Displayed In Local Paper? How Much Do You Have To Pay Upfront To Go Bankcrupt?:confused:
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How are assets assessed???
I'm on the brink of BR and wanted to know how our assets are assessed? Does someone come to the house to check out what we have or is it done over the phone?? I have an old computer and I have been advised by payplan that they may take that as its an asset - purchased for £700 5 years ago so pretty up to date now but they…
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Essential living items; can I do this?
As some of you know i'm going BR next week. However I'm also going back to work in a month and need to get work clothes and shoes (been on maternity leave and don't fit in old clothes just yet!). If I buy a few items ahead of my BR will this be frowned upon? I don't think I'll have the money to afterwards and then I'll be…
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Another SOA... Is This ok?
Hello again everyone, Just trying to finalise my SOA!! Do just put my cost of living or do i put everything i pay out on debts now? Will this SOA be ok? Rent £400 Council Tax £70 Gas £25 Electric £40 Bt Line £20 (incoming Calls Only) Food & Cleaning £280 (Have 2 sons) School Dinners £60 Sky Package £21 Sky Internet £17…
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bank still wont let go
In September 2004 i took the big step of going personally bankrupt, i was discharged september 2005. One of my accounts was a joint account with my wife it was in overdraft of approx 4K in sept 04 it is now just over 3k. Both my wife and i want to remove my name from the account but the bank will not let us. they say we…
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Iva Or Bankruptcy
Hi My Ptnr and I Have Just Received Forms From Payplan To Fill In Regarding Statement Of affairs. Do They Decide If You Should Go For I.V.A Or Face Bankcruptcy? We have No equity Left In Property, if We went Bankcrupt Would We Have To Get Out Of Property? What Actually Happens When You Go Bankcrupt?:confused:
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Sorry, yet more questions
Sorry guys, I am going to be a pain again! When did you start to have problems paying your debts - do I put 18mths ago when I stareted to look into an IVA, or a month ago when my car died and I couldn't afford my IVA? I was already considering bk as the IVA was crippling me. Who are the creditors - some have been 'sold'…
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Help!!..... Filling in Forms
Hi Everyone, Im just doing my BR forms. Im on the part of listing all my unsecured creditors (Doing Credit Cards) and it asks 'what was the debt for?' I cant remember what i bought on them. It was so long ago..... Also some of the debt is charges. Any advice on what i should write. Thanks All Sweedart1
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Good grief - the forms are complicated!
I have been having a little look at the forms, and I just cannot understand them! They all seem to refer to businesses, but I'm just me! Its all a bit confusing, can anyone help? Thanks
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OR Meeting on the day
Hi All, Yet another question! My meeting with my OR will be on the day of my BR straight after the court room bit (highly techinical terms I know!) I was just wondering what will happen then? I assume my OR will go through my SOA and forms and ask me all those horrible questions I'm expecting then what? from the look of my…
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Trigger figure allowances have changed
I realised today that the allowances have changed - some amounts have stayed the same, but many have gone down. The updated info is here, so please use these figures as guidelines when completing your SOA rather than others you may have previously saved from another link. :)
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Bank accounts
Hi All, Yet another quiery from me! I have bank accounts with Lloyds TSB with overdrafts etc, when I started my DMP about 18 months ago with Payplan, I stopped using these accounts and opened ones with Co-op bank - just there basic ones with a electron card and no overdraft or cheque book or any credit at all. My question…
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Please look at my SOA?!?!?
Hi All, Here is my first attempt at my SOA - if it seems familiar it is! I've copied someone elses but added/amended it for me :) Any comments or changed are welcome in fact requested!! Income 950 Outgoings Rent 360 Council Tax 65 House Insurance 11 Gas 25 Electric 25 Water 26 TV licence £ 12 Mobil Phone £35 Housekeeping…
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AArrrgggghhh Not Been PAID!
I had to ask Payroll to pay me by cheque this month as there wasn't enough time for them to transfer payment details to my new account. So the rest of the NHS got paid on Friday. No cheque arrived for me. Anxious, but trying to stay calm, I waited till the postman had been today. No Cheque! So I've just rung Payroll and…
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What paperwork??
Hi All, Hope everyone had a good bank holiday!! Tomorrow is my big day at the high court:eek: . Im so nervous. Just a quick question..... Do i need to take any other paperwork apart from my BR forms?:confused: Oh how i cant wait to wake up debt free!! Thank You Sweedart1:rotfl:
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Well I told my landlord...
And he barely batted an eyelid! He even asked how much I owed and said he wanted to help me! (I wouldn't tell him though). He said he would reduce my rent or even let me live rent free while I got back on my feet (again, I told him my day to day living expenses were going to be allowed for) and he is going to come to court…
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Does bankruptcy cancel CCJs?
Hello, Quick (theoretical) question: If someone has a CCJ, and they have been ordered to make regular payments, would they still be required to make those payments if they were subsequently declared bankrupt? Or would the CCJ be treated as any other debt and included in the bankruptcy? Many thanks.
