-
How Long In Scotland Any Experiences?
HI I WAS MADE BANKRUPT ON THE 6TH OF MAY. I HAVE HAD ONE LETTER TELLING ME I AM BANKRUPT, THEN NOTHING:confused: !:confused: I HAVE HAD NO LETTER ABOUT MY SOA :confused: :confused: OR AN IPA OR ANYTHING.:confused: I THOUGH I WOULD HAVE HAD A LETTER OR SOMTHING ABOUT MY CAR IT IS ON HP BUT NOTHING, NOT THAT I WANT TO HAVE…
-
Hello & Advice
Hi, I was wondering if someone could give me a bit of adivce. I have got to the point at last where i have decided to do something about my debts as they are getting out of hand. At the moment i owe around £17k to loans and credit cards. I have phoned the national debtline and after talking to my partner have decided the…
-
Help & advice Please
Hello all, I am new to this site, I need some advice please. I was a business owner and and traded for 17 years ,things started to get tough last year, I started to put cash into the company raised on Credit cards, I also took out a business loan and also had a overdraft with the bank for the bussines. Things have gone…
-
Barclays Again
They phoned at half eight this morning, two this afternoon and then this evening a company they had passed the debt to, rang. Prior to that phone call I sent a harassment letter to Barclays. I then told this company that I had informed Barclay six times that I had been made bankrupt. He said he didn't understand why they…
-
bankruptcy or IVA
Hi, What is the benefit of a IVA compared to bankruptcy. And would the IVA stay on your credit report longer as it does not finish for 5 yrs and then would you have the six yrs to clear. Thanks Steve
-
Just a few questions regarding BR
Hello, its me again! ive been reading through the forum for a few days and have a few questions id like to ask. Mainly because im 20 and dont have much experience of finances etc.I learn quickly though! My OH is 26 but not very good with computers,forums or writing letters etc. so things are pretty much left to me with the…
-
4th July (Independence Day!)
I've got my court date...and now I'm pooing my pants! I have so many questions, and am getting really worried about it. I'm so worried they'll take my car off me, even though its a bit of a banger and I need it for work as I travel all over the country). I'm worried about a BRO order being slapped on me for a long long…
-
Are a Partner's assets liable?
Like many we are stuggling financially after over commiting on our mortgage, and bringing up young children,our debts have spiralled, and we are financially stuck. My wife is £40,000 in debt, has no assets, and earns £5,000 year part time. I currently earn £32,000 /year and have a £160,000 mortgage in my name only. I am…
-
Help needed post BR
Hello All :) , Following my ED a few weeks ago, I've finally got some time on my hands to do whatever needs doing post BR??? I've just looked at the post "Credit ref file clean up - Post bankruptcy" and I am a little confused :confused: :o Have I got it right that I need to write to Equifax to see if my bankruptcy has been…
-
do i have to tell or that I have moved?
hello, I hope you guys don't mind me posting on here but I am new to this website. Last year in April i was declared bankrupt and then in the oct2007 I was discharged which was quite quick but im not complaining. anyway I have just moved house do I have to inform my or? its been a long time since br and i cant remember his…
-
Sorry for not being about much
Sorry I haven't been around much lately, but I'm in the depths of my studying. I've got a final assignment to send off by 7 July at the latest, & I'm a bit overwhelmed by it all - trying to keep the feelings of panic down, & it's not always working. :o I am reading the posts on here though, so even if you don't see me…
-
Bankruptcy and Inheritances Beneficial Interest
Hi guys, Can anyone tell me if I were to go bankrupt, if there would be any way of safeguarding the house I rent from them were they to die before I was discharged? To be honest, the only thing keeping me from taking the plunge is my fear of losing the home, which fills me with fear. :(
-
iva failed, no job, some equity
Have struggled with an iva for past five years, missed payments a couple of years ago, caught up again, but last year had to leave my job due to severe stress and subsequent depression. I have been extremely low and considered suicide, not just for financial reasons but a massive sense of failure and hopelessness, which…
-
money for renting
http://forums.moneysavingexpert.com/showthread.html?t=977967&highlight=how+is+lday-to-day hi, this above is my original link everything seems to be taking so long. the financial adviser i was talking to finally spoke to the bankruptcy adviser in the high court and confirmed bc is the best thing. and to do it before i start…
-
Benefits, Rent & BR
Sorry to harp on about this but forewarned is forearmed. My DH is in the process of signing on as he can't get any work. Our plan, discussed for the last month, has been to take out a formal rental of a family member's house, which will give them the income to rent a place more suited to their needs. We opted to do this,…
-
BR date booked!!
Hey everyone!! Woohooo, I have my BR date booked!! Just got off the phone to the court.. 8th July at 11am!!! I feel giddy I'm so excited.. yet also rather scared! I just hope I get a nice OR.. Other than the petition and money, is there anything else I need to bring to court that morning? I cannot wait to be debt free!!…
-
Had an email from the OR - concerning my IPA
Below is what I was sent: "From the information you have provided we have calculated your IPA at £199per month. Into this calculation we have allowed £50 per month for holidays as requested. In the assessment we are not able to allow Sky, Social or emergencies as these are not essential expenditure. You are expected to pay…
-
On Going Problem
Hi, I've been dealing with my debts for the last 6 months now, got all my creditors to agree to lower payments, owe £26999 to 7 different places, i've been struggling along paying, but now the 6 months are up i've got to go through all the payments again. In the meantime my rents gone up, and fuel is a killer as i do a…
-
Would my partners' income be taken into account for IPA?
Hi there, I'm currently considering sequestration/bankruptcy under the new 'Low Income Low Assets' bill here in Scotland. I'm currently receiving 'Incapacity Benefit', which automatically qualifies me apparently. Amongst tens of other things, i'm worried that my partners' (whom I live with in my parents' house) income…
-
What do I need to do before BR?
The wheels will be put in motion today, as I'm due to ring the court. I'm just wondering, did you all cancel your DDs to your creditors prior to filing for BR? I have written letters etc, and am wondering, do I cancel them now, or wait until my accounts are frozen and they are informed by the OR? Also, how long did you…
