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Some kind advice would be great...
Hi all. Can anyone help me with going bankrupt while in an IVA? has anyone ever done this and is it the same process? Edit: Also, im self-employed and have been only a short while so i have no wage slips. Do i need to provide proof of income? Because ill have to just give them a rough guide. And does the money ive already…
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Does this sound viable?
Hi, my partner and i need to go BR. We have 50k+ unsecured debt that we will never be able to pay. We also have a mortgage the house is worth about £180k and we owe £172k on it. It is is joint names and we were thinking of letting my partner go BR first, he has had a Stat Demand issued today for £920 and has been…
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Exhausted all options
Hi all, i'm new to this board and am to the point of deciding on bankruptcy. I just have some questions and just some guidance really on my situation. I am about 25k in debt and have no equity in my house or no savings and an x reg polo worth 2.5k. i can no way pay the debts off for 20 years at the min payment. i've been…
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Car trouble
I know there's been a few threads concerning cars, so sorry, but I need help. I became bankrupt at the end of august, everythings going well, and my payment agreement is affordable. my problem is this. during feb I pretty much destroyed my then g/f's car. she couldn't afford to repair it and as I owed her close to £2000…
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Watching And Taking It In
Well after reading the post on this forum for weeks, I have now filed for Bankrutcy after taking advice from cccs . I filled most of the forms out online about two weeks ago, then I got the bury your head in the sand thing again. Finally yesterday ( it took me all day ) got them all finished and submitted. I have now got…
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Full and Final Settlement offer
Have posted on DFW thread but had no reply so thought i'd post on here after all the help we got when OH when B/c last week. Bit of background OH has gone bankrupt leaving me with £6000 debt (£3k in my name (2 credit cards )and £3k joint overdraft), after talking to the CCCS and Payplan who said going bankrupt was a bit…
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2 days to go! Last minutes nerves. Pep-talk needed
Hi everyone, Just spoken to my mum who is very worried about the BK thing. I am going to court on friday and although I've tried not to be swayed by 'judgements' and 'opinions' of others, my mother just said she didn't feel it necessary to tell anyone as people wouldn;t care, and might thing me worse. Which i know is…
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Congratulations, Rog!
I must have missed the post where you said you'd got a new job, & I've only just learned about it from reading it on a DFW thread. Congratulations! :j It might not be much by some people's standards (bigger fool them), but it's a job & you doing it shows you're prepared to work. It'll do your self-esteem a power of good &…
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Our BR Diary, from start to finish......
Hi everyone, I hope no-one minds me starting a BR diary here, it's more for my own reasons, to be able to see in black and white what we're doing and where we're going :) Sunday 11th Nov. 2007 Now that we have made the decision that BR is the only way forward for us we told my Mum, who was wonderful, supportive and totally…
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Gifted 1 £2000 car - will it be taken off me
Hi, I am to be gifted a £2200 car. My current £700 car is being sold - so it's really £1500, I suppose. The car I have at the moment is giving me some mechanical problems. My question is that since I am in deep financial trouble and am looking at bankruptcy, is this car likely to be taken off me by the receiver? Is the…
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premium bonds and BR
Hi can anyone answer this one please... started filling in the dreaded forms after alot of thinking. They want to know if i have any premium bonds. Have checked and have £125 ponds worth much to my astonishment. They were bought for me when i was a child. Never won on them. They are now 40 years old. But do i declare them…
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Renting and bad credit rating.
Hi, have posted this on DFW board too :) Does anyone have an experience here? Did you find it difficult/impossible/not as bad as you thought? Basically H and I will be going BR in the next 2/3 months and our house will be repossed. Plan is to rent privately, but I'm very concerned at the effect our already very poor credit…
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Will soon be starting the bankruptcy ball rolling......
Hi i'm very new to all this so please bear with me. I'm going to be starting the bankruptcy ball rolling tomorrow but i have a few questions that are bothering me: 1) Can i stop paying everything tomorrow and use this cash for my fees and to rent somewhere else? ( i'm a homeowner ) 2) Will i be able to enter private…
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Anyone with an IPA?
Hi all Just wondering if anyone would like to share their views about an IPA they have and how they are coping with it? Also is an IPA reviewed at all by the OR? or is it just set for the 3 yrs at the start unless you inform them of any changes? And are you still discharged or is it put back until you have finished the…
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DLA and Bankruptcy
0211382 vbmenu_register("postmenu_6786040", true); MoneySaving Newbie Join Date: Apr 2007 Post Count: 3 Thanked 0 Times in 0 Posts DLA and Bankcruptcy Hi, I was just wondering as I have looked around the forum and could not the information I was looking for. My wife and I went bankrupt in April 2007. I start a job in June…
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Advice needed please
I am completeing my forms online to apply for bankruptcy, I am stuck on a few questions: when I was last unable to pay: I havent missed payments yet as I have been able to juggle but I have no room to juggle any more, I am unable to afford payments so do I wait untill I have missed payments or work out when I had so much…
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Mortgage worries
I have a automatic discharge on my br in April ,does this mean is that it ?. Also will i be able to get a mortage again ? . My Ex wife was the main cause of all the mess ,we lost the house will they chase me for the diff ? . I will never ever want a credit card again ,it all turned into a rat race ,your life can be spent…
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Discharged 2004 still can't get an account
I was discharged May 15th 2004....However am still not able to open a decent bank account with VISA Debit etc.... I've been using my Co-op account for a VISA electron and my main account is Royal Bank of Scotland, who wont give me or my my wife a 'current' account with VISA debit... I thought by now I would be able to open…
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My Call Credit and other questions about bankruptcy
I wonder if any one can help me? To cut a long story short, I accrued around £20,000+ worth of debt up until the year 2000 when I defaulted and subsequently left the country. Looking back this wasn't the best course of action, but I wasn't entirely in my right mind at that point. I am still outside of the UK (but still in…
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reduced payment agreements?....
I wrote to the 8 credit card companies i owe (its just them and hsbc bank od+loan) and ive been told i must get my "financial advisor" to contact them, well ding dang doo, i aint got one, and i aint paying for one either. anyone know of a letter template so i can offer em £25 a month or they can BR me? im on a wing and a…
