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One thing after another...
Really worried about my OH. We felt such a relief when he went bankrupt in August. First the car packed up. An N reg worth less than a £1000, the quote for a new head gasket plus other work didn't seem worth it. My husband was gutted. I was just thinking of the positives - that we could get something cheaper to run, but OH…
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In tears AGAIN
Tho this time for a positive reason. Was declarded bankrupt on the 14 September, had only part of the dreaded interview on 20 September. Received request for various documents etc and once sent called OR again last Fri to complete the dreaded interview. The OR confirmed he had recived my doc's and had completed his…
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Will the OR have a problem with this?
Earlier this year - in May when I was still earning good money from my freelance work and paying all my creditors, I paid off two debts of my own and my partners Argos card. I paid £165.80 to close my Capital One card, £170.00 to enable my partner to close her Argos card and something like £360 to pay off a catalogue debt…
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It's scary, but I think it's time. I'm so nervous
I'm sat here surrounded by paperwork from people I owe money to (credit cards and unsecured loans) to the tune of £48,000 to about 7 different companies and I can't go on begging these agencies that are harrassing me to accept £1 a month. I am at a loss as to what to do. I contacted a company who said they could help, and…
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SOA advice please
Our BR forms were filled out by the charity that we've been working with regarding our debts. I'd appreciate your opinions on the amounts that have been allowed and any suggestions regarding increases/decreases/extra items that should be made or listed. Rent: 900 Housekeeping: 304 Gas Electricity/other heating: 80 Water:…
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Contesting an IPA- Question from Ali_Kat
#4 ali_kat vbmenu_register("postmenu_6418167", true); MoneySaving Newbie Join Date: Sep 2007 Post Count: 3 Thanked 0 Times in 0 Posts Hi I'm new, and have questions on a similar subject so don't want to start a new thread. My sorry tale is got in debt through my own spending, but coudl afford the repayments until a mix up…
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Mortgages/housing options if bankrupt?
Hi all Currently considering going BR. The main problem is we have about £170K SECURED debt (house worth about £158K) plus £30K unsecured. From reading some of your helpful posts it appears that we may not lose our house if we went BR but we are struggling with the repayments anyway. It is my understanding that we are…
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Savings accounts for BR
I've read the sticky at the top of the board but can't find any info about savings accounts. We have current accounts and savings accounts with Barclays who are not one of our creditors. I've been into our local branch this morning to speak to someone about theses accounts in light of the fact that we're going to court on…
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Question about assets
Hello This is my first post although i've been looking at this forum for a couple of months. As you all seem so friendly and helpful, I wanted to ask your opinions on something. I an in debt to the tune of around 16K. One of my debts is for a TV which I took a loan out for my brother and he has been paying it back. It cost…
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Received the OR forms this morning......
(HI) and on one of the forms it requests my OH's tax reference number, where would we find this, its not on his wage slips, only tax code as per the norm, is a tax reference number for self employed people only? :confused: We only have until the 5th to get the papers back to them:eek: Any advice would be grate :D Thanks,…
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do i wait to get pushed or jump now?
all (most) of my payments are upto date, but i know from my forecast income/profit from last month, and this month that im on that slippery slope, should i file for BR now, or wait 3 months of not paying bills (or longer) then file for BR? quick kill or slow lingering death? im all for the jump now+get it over with.
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My experience.....
just wanted to post about my experience today and being declared BR. Got to the courts at 1130, waited for a few mins to be seen, went through the forms with very nice young lady, had a few mistakes due to online forms, made my payment, clerk took forms through to judge who then called me in, asked if I'd taken legal…
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BRU/BRO experts please :D
Or those of you that are better at Insolvency literature than me and know where it talks of such things etc. Have got a nightmare of a OR assistant threatening me with a BRU, and not that I mind too much about it (never want credit again ever, and not much else it prevents you from I guess in that it extends the BR…
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I wouldnt have the nerve
to stand up and come out with it.....(but he knows how to party!) " Between 14 September 2006 and 8 November 2006, M****** G****** (hereinafter referred to as Mr G******) dissipated an asset to the detriment of his creditors, namely cash totalling £19,500, he received following the sale of his solely owned property at a…
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Renting somewhere new during bankruptcy?
I think I already know the answer to this one, unfortunately, but here goes anyway... OH went bankrupt 3 August and has been told there is a good chance of early discharge. Our tenancy agreement has been periodic since January, but our landlord now wants us to sign a new fixed term AST for either 6 or 12 months starting 7…
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Utilities question
If both you and your partner go bancrupt do all your utilities have to go onto payment meters/cards?
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Bankruptcy with no assets
Hi, I am new to the forums and haven't been able to find an answer I need. I have been advised to go for either Bankruptcy or a Dept Management Plan. I was going down the route of an IVA but it was kicked out by Black Horse who I owe £7k out of a total combined debt of £20k. I own a car at the moment worth about £2k. The…
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Start to finish of a BR?
can somone indetail tell me what happens during the process of going BR? Many Thanks!
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Together Mortgage Advice???
hi guys, had the phone call from the or yesturday asking if it was ok for us to go for our interviews in two weeks,he said due to the amount of debt(204k:eek: ) we needed one on one interviews one in the morning the other in the afternoon, wont that be a day to remember willhave to take a picnic! the guy sounded nice ,he…
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Famous bankrupts.....
cheer me up, what famous bankrupts can you name? didnt jeffrey archer do it twice?
