Bankruptcy & living with it

Discussion List

• More Questions And Feel Really Low Today

  hi everyone i was really positive yesterday and now feel so bad that my stomach hurts Basically hubby going bankrupt, roughly £70,000 debt (failed business) on credit cards and personal loans all in his name, The only debt in both names is the joint acc £9k overdrawn:eek: , have been advised to pay this off before br as my…

• or advice

  I have been reading this site for months now , took the plunge and went bankrupt back in feb 2008 , had or interview in feb too with my OH, was really nervous but all went well ,he said it was straight forward , saw no problems and would recommend early discharge . i have now had a letter to say i need to be reinterviewed…

• Bankruptcy fees...

  Sorry..... Just wondering, if you don't apply for bankruptcy yourself but creditor makes you bankrupt, do you still have to pay fees????? Feeling so thick today so bear with me!!!!!

• Pregnant, redundant and panicking!

  Hello, I am nearly 4 months pregnant and been in my (reasonably well paid) job for the past 2 years and have just been found out I am being made (very unexpectedly) redundant as my office is moving to Spain. I have debts totally over £25000 but have been comfortably managing to pay them each month so far without problem. I…

• Causes of bankruptcy, what do you think?

  Hi, I have just completed the causes of bankruptcy with following: An injury in 2005 resulted in me being unable to work for a substantial period and therefore loss of pay, Credit was used for day to day living expenses which mounted up and then following this is when the problems started with being unable to manage my…

• voluntary repossession

  I know this is a bankruptcy site but can anyone give me advice on the following if i voluntarily repossess my house which has a mortgage and secured loan do i have to go bankrupt can i not wait to see what the shortfall will be there will definantely be one and in the mean time why the mortgage company is trying to sell it…

• Just at the end of the forms

  Hi, Just at the end of completing the forms and just wanted to double check a few quick things: The outgoing section, I have completed what is listed and in other essential payments and then added to the other essential payments section - Home insurance - £11 Liability insurance required to work- £10 TV licence - £23…

• What does this mean?

  hi everyone after going BR on the 4th feb i knew it would get complicated with regards to our house, but when i asked my OR in my interview what now happens to the house she said she didn't know as the mortgage company had acted illegally by giving us the re-mortgage without consulting the council as they still had an…

• Assets, quick question

  Hi, Sorry to be a pain, another quick question. On the BR forms when it states assests, I have no property,car or expensive jewelery. All I have is a bed worth about £100, and old tv worth about £100 and an Ipod again worth about £100. I live in a furnished rented flat and don't have naything else of value. Do I list these…

• Few quick form questions

  Hi, Just filing my forms in and checking everything for my day in court tomorrow, was meant to be next week but had to change day off at work so it is now tomorrow!! I am completing the forms online, just finishing my statement of affairs, I don't know any of my account details for my debts after they were passed on the IP…

• what am i entitled to keep!

  Hi all ,i ave just finished my interview with the OR and i was a little annoyed. I had a small personalised printed gift site and made mugs t-shirts etc which didn't make a lot of money but it was a job. i decided to go bankrupt because my personal debts had dragged on for years and i would have been 70 by the time i had…

• slight concern please help ?

  all my forms are now printed.... but i have realized that they never ask you how much your monthly payments are at the moment to each creditor..? surely it would be easier if the judge could see that i earn X but paying out Y so that is why i need to go BR

• Just wanted to wish Got2change all the best for tomorrow!

  I've noticed Got2change has just signed off, but best wishes for tomorrow on your BR;) (just read it in another thread!). Hope you read this in the morning. All the best.:D:D:D

• prob have to change B.R date ..

  my wages get paid in this thurs... should be 1482 but i am 400 o/d also one payment behind on my car with annother one to come out.... i want to pay the car if i have any chance of keeping it so after that has been paid i have only got £140 to last me a month i am gonna rag as much dosh out of the the bank as poss early on…

• So Frustrating

  Ok this is a bit of a rant as i dont have anyone i can talk to, so i apologise now Im so frustrated,ive filled the forms in and accepted in my mind that im going to go BR. Printed them off,ran out of ink in the printer now, ds not happy bout that,cant print his pictures now,mummy will get some more soon i promise lol. Been…

• help ... just found out partners in debt

  Hi Please be gentle I’m a first time poster. I have just recently found out that my partner is in a lot more debt than she thought she was in. she thought she owed about £25000 and contacted a consolidation company (one of the better ones) who looked at here credit rateing etc and totalled it up to nearly £50000 :eek: I…

• Do I give them my new address?

  Hi Guys I am looking at going BR soon (not got date yet!) as I am moving house and wanted to wait to get through the credit check (got through with a guarantor!!) so we move 7 April. Should I give the creditors my new adress (i am redirecting the mail anyway!) but do I have to tell them? Once im in my new place and got all…

• joint acc overdrawn, bankruptcy question

  hi everyone (again ha ha ha) as you may be aware DH is going bankrupt got the date sorted all debts are in his name, apart from 1 , which is the overdraft, i am ashamed to say its 9,000!!!!:eek: i am not going br as we want to try and save the house(beneficial interest) thing is not sure which way to do things, a family…

• Online Forms Cause Of Br

  HI how much detail should I go into? Is it best to keep it breif or go into a lot more detail. Thanks

• It's all over...

  I checked the insolvency service website earlier, and I received my ED a few days ago. (Just under 7 months as a bankrupt) I just wanted to say thank-you to the people who post on here for all of their help. I don't post much, but I lurk A LOT! and without those regular and knowledgeable people on this site I think I would…