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We're being sued and are VERY scared - please help and advise
I won't go into details but it's extremely likely that my husband is going to be sued over a business matter (not insured/ no professional indemnity). This will also have a knock on effect of putting him out of business too. We are less than 12 months off paying our mortage and have very stiff credit card debts - what is…
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Filling in the bankruptcy forms and what happens next?
Well i`ve almost certainly decided on bankruptcy after weighing up all the pros and cons. I would appreciate some advice on what to do next. I do not have a printer(i always find completing forms online so much easier) so do i have to collect them from court and fill them in or is there a way of completing them online and…
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Tax
Hi all, can anyone advise on tax deduction after Bankruptsy. I had assumed that I would get a nil taxcode but the amount of tax deducted via PAYE would automatically be paid to the OR, is this the case? Cheers
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What's going on at Crewe....
Hi everyone Does anyone know what's going on at Crewe? We have rang four times for a BR date and each time we get told someone will ring us back but they never do...:eek: Would be interested to know what the OR at Crewe is like too if anyone has any experience of him/her. Just so I have an idea what to expect....! cheers…
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More advice please chaps
Hi again. I think you lovely lot know we are preparing for bankruptcy next week-and i'm sorry with more questions to ask. We will be filling in the forms over the next couple of days. OH will get figures from his accountant on Friday to put on the dreaded forms. I am going back over many previous posts on the site, and one…
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Got letter from HM Rev & Customs - can someone just look for me ..
and stop me worrying! Below is the letter : "I understand you were made bankrupt on 9 May 2008. I have amended your PAYE code to NT (Week/Month One basis), which means the tax will not be deducted from your pay until 6April 2009. Code NT will only apply whilst you are employed by (my employer). Please let me know if you…
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Former Red Lion looking for G. P. from Leics
hi, not your usual topic, i know but I couldnt think of anywhere else to post. We went down the br route at the beginning of may and are just getting back on our feet (we have some questions and an update but these will wait). Someone we knew was considering similar and we referred them to this forum. This person we think…
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contents insurance..
Does anyone have any suggestions as to the best insurer for contents insurance for an undischarged BR?
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IPA advice
Hi, I am currently in the process of looking for a job and also about to declare bankruptcy. However because i live at home and my wages have always gone mainly on my debts, i don`t really have a lot of outgoings apart from board, mobile etc. If i`m picking 900-1000 up a month then i reckon i will be paying out 60 or 70%…
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Got Date For Creditors Meeting
Got date for creditors meeting After many months spent on here and deliberating over BR or IVA instead of DMP which I'd been on with Payplan and would take 23 years to pay back....thats if creditors actually all stopped adding interest which some of them still are.....I actually owe more now than when I started DMP in…
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Overtime
If i go BR should i stop doing overtime as soon as possible and go back to my basic 40hrs and also i had apart time job as well should i give that up so sick of working all these hours and still struggle on. I am so tired and stressed i can't carry on like this. Need advice Quickly please
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Should I still be recieving
DCA demands from nPower? And is it normal for banks (IE the ones you owe money to!) to keep sending monthly statements? Halifax keep sending them - complete with more interest charges. I am just filing them. nPower can go jump in a silo. Just wondered. Not in the slightest bit worried - literally just wondered if it was…
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Is bankruptcy an option
My husband and i recently took out a joint IVA (April 08). We have since found that whilst we are not struggling as much as we were we wont have any improvement for the next 5 years and any increase to our income will automatically be taken from us. We are also paying back almost 90% of our original debt and they are now…
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going bankrupt, what about rented property?
hi all, i need some advice on a property i have that is rented out, i am going to go bankrupt in the next few months and wondered what the position would be with the flat i own and rent out, there is very little equity in the flat and i know the property will be reposessed at some point, should i still keep paying the…
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Benificial Interest Question
My husband recived a letter today from the OR saying our property is in negative equity therefore we can buy our BI for £1 plus costs. The bit I'm confused about is that it says that if I have an interest in the house( which I think I do as our mortage is joint) then I also have to pay a pound. My question is, is that just…
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Bankrupcy hearing imminent can I still offer to Creditor
Can someone advise me * I have LARGO a persistent Solicitor acting on behalf of PHOENIX trying to make me bankcrupt hearing end of month * They have billed me £3000 as a separate court fee, are they entitled to charge me so much as I attended 2x10minute hearings to request for a statutory demand to be set aside and they…
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Guarantor
My OH and I filed for BR at the end of July. House is in negative equity and we have a secured loan, so we are handing back the keys. We will be looking at rental properties shortly and I wonder if anyone knows anything about guarantors? Does the guarantor have to be working full time and own a house? Or can they just own…
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Online SOA
Does the online form need to be completed using capital letters?
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Gloucester OR
Hi, Has anyone gone BR in Gloucester County Court? If yes what is the OR like and has was the court staff with you on the day of you're BR
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advice please
I need some advice, this is my story, I have got unsecured debts for about £28000,secured debts of about £27000 and i owe£77500 on my mortgage.About 70% of debts are due to gambling.And the house is worth about £95000. I told my partner how much trouble i had got myself into,she was not a happy bunny,well anyhow we have…
