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BR and property with "shared ownership mortgage"
Does anyone know if going bankrupt puts home at risk, if the property is owned with housing association. To be more specific, 75% of the property is owned by housing association, and 25% is by BR person, however with a mortgage, so the BR person's equity is very small around £3k Any experience or knowledge would be much…
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SOA Expenditure
Hi, Following CAB and Insolvancy helpline advised that BC is best option, I am completing the SOA._pale_ Please could you let me know what you think of the expeniture information :confused: . I live alone and earn £1130 per month and on top of expenses, currently paying £510 per month on £11,000 + £9,000 unsecure bank…
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This Is The Week...
Over the past few months or so i have read other people stories, questions and general concerns etc which has been very helpful - so i thought i would post up my BR week which kicks off tomorrow which may help or advise other people.. Ok, after knowing i need to file for bankruptcy since February but not having the funds…
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Will BR affect future career?
Bit of background.. I have been working in accounts roles for years. One of the reasons that I didnt petition for BR rather than getting an IVA is that I was in an FSA regulated role so wouldnt have been able to keep my job. I stopped working when I had my son and didnt go back after maternity so this was no longer a…
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post BR
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NT Tax codeing
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Risk Management Alternatives
We are going to go BK as soon as possible. OH has not paid MBNA for 3 months, now this RMA company are ringing all the time and we have someone coming to our home tomorrow between 8am and 9pm from RMA. Does anyone know anything about these people,or have had any dealings with them? Thanks
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OR and tax
For one year I had a depressive episode and was too anxious to claim benefits. Towards the end of the year, I started doing a couple of hours here and there with a charity, where you have to arrange your own tax payments. I earned approx £600 in the whole of the tax year! I knew at the time I was earning less than my…
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Bankruptcy tomorrow! Scared!!
Hi I have an appointment tomorrow at the county court in Blackpool to be made bankrupt and I am petrified :eek: I am married with 2 children and the debts are mostly in my name (over £39,000). Dh is self employed and we began struggling to pay them last November and I managed to come to an agreement with my creditors to…
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£1 offers accepted, do i still go BR?
Although I had made up my mind to go BR, and fill out the forms I am once again havinng doubt. Most of my creditors have accepted £1 payment. Next year I will be on more money again, would I be better paying the £1 payments, and then when im on more money next year start paying it off? Im so confused by it all.
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BR & Inheritance
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Bankruptcy Petition for Sept
I posted on here a while ago that my OH had had a statutory demand issued on 31st May. Well finally after 5 weeks of living in limbo wondering what the creditor will do he has been served with a bankcruptcy petiton for Sept 8th. Now should we get more advise as to what to do now. He owns his own business and employs people…
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Completing Petition
Hi, Following previous advice from the forum (thank you), I have been to CAB and they arranged 30 min meeting with the debt adviser who said BC would be the best option. Also call insolvancy helpline, they also suggested BC. I have started to complete the forms, please could you let me know what you think about the…
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Experian Report
Hi good buddies Ichecked my 'free' report and the amount outstanding does not agree with my figures:confused: I know I have missed a few more payments but do not think I am £25k out!!! I really can't afford to pay for full report...should I contact OR? X Sandy
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Urgent - car question
I am in court on Monday regarding my car. The last payment was due in January 2008, my bankruptcy was in April 2008. I owed £2,000 on the car and as I said the whole of that £2,000 was before my BR date and was included in my BR. When I had my interview I was told that it would be included and he had no interest in the…
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Petitioning at the high court? - Help on the day
Thought this might be useful. :) I hope this info is still up to date.
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Is there any way of saving?
So after digging around the threads it seems that virtually no-one will give an undischarged BR a savings account, which baffles me, but I can't be bothered ranting about it. Has anyone got any idea about a way of setting money aside (until post BR tax affairs are sorted out) that doesn't involve hiding cash under the bed…
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XP - Desperately Need Help - No idea what to do!
I’m in a total mess and don’t know where to turn. I’ll jump straight into it if that’s okay. My wife suffered terribly from PND 3yrs ago, which resulted in her losing her job, she had been earning 25k. I had an accident and couldn’t work for a year and as I was self employed we effectively had no income. Instead of dealing…
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Look here first - Bankruptcy Help: Important topics, factsheets and links
Continued.............
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self employment after br?
HI Ill keep it short. was self employed, got ill went on incapacity benefit and failed to keep up my payments to creditors, had advice from cab and decided to go BR this month. Now iam better (still on benefit) and really want to get out there and work again. How do you run a business (sole trader) if yr BR? What about…
