Bankruptcy & living with it

Discussion List

• PAYPLAN,GRANT THORTON and CCCS IVA's.

  PAYPLAN, GRANT THORTON and CCCS IVA's. Hi all, im interested in your experiences with the above organisations if they have recommended their own IVA as the most appropriate option. Do you feel they where acting in your best interests, or was Bankruptcy clearly a cheaper and more appropriate option ? In particular were you…

• Help required in putting BR behind me

  Ok, So Sad Angels post has inspired me to write this post. Over the past couple of years I have changed quite dramatically and have 'pulled my head out of the sand' in lots of different ways... A couple of old traits that are slowly dying hard are 1) Asking for help (its took me ages to post this thread) - helping others…

• Debt & Depression - can anyone help???

  As some will know I started this journey of facing up to everything last week. (thread- is freedom really out there) I have spoken to CCCS & have recvd papers now & the bleak realisation of being in deep sh*t is dawning ...`big style!!!`Last week was so positive as I also saw rental properties & got loads of great advice &…

• ex's bankrupcy - my inheritance

  Hello Not sure if posted in the right place please feel free to move. Situation is me and my husband split a year ago, not divorced yet just seperated living seperately etc I havethe children he sees them weekly. A couple of months ago a relative died and I inherited part of a house which is not yet sold. We are currently…

• bankruptcy or iva

  Hi hubby has now left, tax credits are through as a single parent took ten days I was impressed. Currently on debt management plan with payplan, however couple of debts not on the plan-I have terminated my hp contract for car and will eventually get a settlement figure for surrendering it I think about £7,000 , might be…

• Do CCCS send you copy of online debt plan?

  Hi, We did the online CCCS thing and also spoke on the phone, was told to click on 'bankruptcy' button when decided. Have done that and got email confirming my number. Do they send me a copy of info and incomings/outgoings etc as I can't access them online anymore? Hope this makes sense!

• forms question!!!

  hi everyone as you may or not be aware hubby is going BR mid April, and just having a look at the dreaded forms online!!! In the section where you list unsecured creditors, am i right in saying that we just add all his credit cards and loans and overdraft in here The confusing part is i have an argos card and pay 12.00 per…

• Quick question

  Hi, I bought my computer at Curry's on one of those 'buy now pay nothing for 6 months' agreements and now have an agreement with HFC. I forgot to ask CCCS about this and was wondering...I know that I won't be responsible for the loan anymore but do they take the computer away? We got it about 3 years ago? I'm hoping the…

• today is my birthday......

  sooooooooo i went and tried to get some more dosh out of the bank .. it let me have £60 .. defo wont let me have any more now ..... been and got a bottle of my fave booze. and tonight am gonna pull out my guitar ( bought and paid for 15 year ago , so the OR aint havin that ) and play those blues .....

• Surrending home?

  Can you do this? Where £23,000 in debt and OH has lost his job. Where in a debt management plan, but mortgage is tight. Would look to sell, but don't think we'd get enough (owe £82,000, would need £86,000 or more to be okay). Plus don't have the time to wait for it to sell. So can you just surrender your house? This would…

• If the OR takes your car..

  What is the process. Our car according to Parker's is worth 3,400. (I made an error and thought 3000 initially). However, the thrust bearing is going, it has a small dent from a previous bump (unknown driver in car park) and it has had two repairs from other bumps - none of them my fault, i hasten to add. If the OR says he…

• Main penalties in going Bankrupt

  Do I have this right, the main penalties with BR are: If we had our own home we could lose it Our car may be at risk (we will argue medical grounds) Bank account issues (Cash card only with Barclays, Electron with Co-Op) Cannot get credit for years (don't plan to ask for any!) Discharge can take 12 months IPA for three…

• Help please - do I go Bankrupt?

  Hi All I owe £47k with 75% of my debt with Lloyds TSB, and I am currently on a joint DMP with my husband as a couple we owe £90k. I am going to seperate from a joint DMP and form my own one. We dont own a house as we live in rented accomodation. I am on statuatory maternity pay of £480 p/m which runs out at the end of…

• Carry on in own home or move to rented?

  Hi, I am going throu transition from own PDH ( personal dwelling house) to rented accom. If I then get rented (subject to refs/ credit search-already applied for-await confirmation) then I intend to move asap. (wef 1st May 08) . My question is - shall I stop paying mtge & SL wef May & then call & hand keys back to mtge co…

• Can anyone give me some advice please?

  Evening All, My hubby and i left our home 18th January 08.Hubby thought it would be a good idea to leave heating and water on timer........for approx 1/2 an hour twice a day (so pipes didn't freeze etc...) We both went BR 27th Feb 08. Anyway he's just been to fetch the mail and E-on have sent a bill to the Occupier for £77…

• Long winded but...what do I do

  Realised we had some money problems so changed bank account from RBS where we had probs to Barclay's and cancelled all creditor payments from old account. Barclay's account (new) is in credit. We then proposed an IVA which was rejected. I have told Barclay's that I intend to go BR; they said we will change you to a Cash…

• Nil Tax code

  I read a leaflet about IPA/IPO and it mentioned being put onto a 'Nil Tax code'. As I am working full time, what does that mean to me in lay persons terms? Will it affect me in the future?

• T-Mobile

  I have a contract with T-mobile but I want to upgrade the service. Does anyone know if they do a credit check for this?

• Considering IVA

  Hi I subscribe to the DMP thread within this site, however, if it's possible can someone explain the pros and cons of an IVA. I'm on a DMP via Payplan, and have been advised by them to consider an IVA, I've looked at the information available but just cannot get my head round it. Any information will be greatly appreciated.

• co-op account is open !!!!!

  just rang them on the off chance and she gave me my my sort code and account number !!! sorted ....