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letting go...
This may sound really silly but... I've basically made the decision to file for bankruptcy but I'm finding it hard and worried about how it's going to affect my status. Until a week ago all my payments (was advised to stop paying everything if I was going to go bankrupt) were up-to-date and I was managing to juggle…
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My House
Morning guys, Im looking for as much advice as poss here.. so my appols if you might have read this elsewhere..... Today I have had a letter from my OR. They want 2 valuations on my house and the balance of the mortgage, not the settlement figutre, even though I permanantly have a 1% repayment charge ??? So the mortgage is…
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Can i move to america
Hi all you lovely people, There is a possibility i may be able to move to the States in the next 3 yrs. But, if i go bankrupt how will that affect me. Sorry if it has been asked before but cant find anything. Would being a bankrupt or even discharged make things difficult to going out there. Thank you everyone. My debt…
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OR phone call in the morning...YIKES
I feeling really nervous, I will be getting my phone call in the morning. Don't know why I'm nervous really because everything I have put in my form is 100% true, only thing I'm worried about is that I have a computer and I have a 2 week all inclusive holiday booked (if I could have cancelled it I would have) should I…
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High court
Can you file for BR at the high court London no matter where you live and does anyone know if you can just turn up?
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Help Please
Dear All I really would like some help please, I am trying to fill out the BR forms on line and have come across the following questions: Personal Pension Plan - I have a work one, but questions seem to be based around a private one, what do I enter here? Date Debt Incurred - for catalogues and credit cards these have been…
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BROs/BRUs
Looking at examples of these at the insolvency service website it seems that a lot of people get hit with them for taking out credit that they had no reasonable expectation of being able to repay.Surely that is pretty much of a 'catch all' phrase if the OR is so inclined! For example would'nt that cover just about anyone…
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The "what do you need to know before you go bankrupt?" thread!
Hi everyone, Ok I am starting a new thread now as I've finally made the decision, and my date for BR is 6 July 2007 at 915am!! EEK! Now I dont know about anyone else still considering BR but there are still a few things I'd like to know before the day so I'm going to post my questions here and I'd like other people who are…
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Can I keep....
Hi all. My first time on these boards. I hope someone can help. I resigned from my job before going bankrupt. I'm not currently working at the moment as I've just had a baby. They told me I'm owed some 17 days hol ( about £800) which they will pay into my new co-op account. Do I need to tell the OR about this money or…
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Everything is going wrong!
I am obviously new but don't know what to do so was hoping for an input from you guys as you all seem to know so much! Basically, I have an ok job earning about £25,000 per year but owe about £36,000 on credit cards and loans. I currently live with someone but the relationship is going wrong and the house etc is all in his…
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Another question...
If you were married and lived with your husband.... but the name on the Deeds and the Mortgage were in his sole name.... .. and you filed for Bankruptcy.... the house would be safe. Right or Wrong?
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Very complicated and maybe illegal but... can I...
My partner has a business. I work for him. The business is in his name. I thought, I could get a 10k loan, buy the business off him... the 10k would pay HIS credit card debt... helping us to live and being a big weight off his mind.... BUT... .. could I buy the debt from his business, meaning the loans from the companies,…
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Quick employment/BR question
Can healthcare professionals be bankrupt (discharged or undischarged) and keep their job? I know I'll get told to check the contract but I wondered if anyone could answer from a personal experience point of view.
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Has anyone gone bankrupt and KEPT their home, after they've been discharged from BR?
Title says it all!! Please advise! Thanks
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This *is* rockbottem isn't it?
Someone please tell me this is as bad as it gets. Cos my eyes, in fact my whole damn face, hurts from crying so much today. I can get through it but I need to know the only way really and truly is up! I swear to god, anyone who tries to say this is the easy option gets a slap with a wet kipper!
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Mobile, broadband etc.
I just read that somebody come back from OR interview and wrote that he 'was allowed to keep his mobile'. Do they take your mobile and broadband contracts, as well as BT line contract. I pay mine by direct debit and am ok with payments, don't owe any money. Is it better not to mention broadband in SOA at all? Also I am…
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Career Development Loan and Bankruptcy
Hi, I'm in trouble with my debts and considering bankruptcy. I've been advised by the free advice service I get through my work that this might be the best option. I have approx £15,000 of credit card debts and overdraft. One of the companies I owe money to - the Nationwide is refusing to freeze my interest whilst I make a…
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Bankrupt today now my mortgage
Can any one help? Been to crown court today, paid the fees made bankrupt with my £49K worth of debts. I have approx £28K in equity from a mortgage in my sole name, me wife and child want to make this a fresh start and start to rent because our house needs a lot of repair due to damp Question, Can i stop paying my mortgage…
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Need to share some UNEXPECTED news.
I have just got home, after a week at work, to a letter from the OR. With all the current hassle regarding my BI in the house, I very nervously opened it to find: NOTICE TO BANKRUPT ENCLOSING A SEALED COPY OF THE EARLY DISCHARGE NOTICE I have been discharged from Bankruptcy ! It's going to take some time to sink in as it…
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Bankruptcy Add Ons
Hi Just some additional information regarding my thoughts on going BR. I rent my home and my car is leased other than that i don't have any assets. One other thought i'm at stage 2 in reclaiming my Bank charges, i've previously banked with the Yorkshire and HSBC and owe the Yorkshire £150 and HSBC 18K,(Not my fault, a…
