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Where do I start
Been lurking on here for a while now and trying to decide what's best to do! I admit that I have had my head in the sand for too long now and am getting ill with it all - maybe someone could help? I had my own business for 4 years and could just about keep my head above water, but did have to borrow money to do so. I spoke…
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Just a few questions
Hi guyes, Still struggling with the idea of going BR. Also still toying with the idea of probably giving myself more stress and maintaining mortgage and secured loans on house to try and keep it. If I were to go BR and maintain secured payments, if OR were to offer the beneficial interest (none at the moment), how does…
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Housing Association & Bankruptcy
Hi All, I currently live in a housing association house... If I go bankrupt will they be informed? Our rent is all up to date - But, if they find out I am bankrupt would they (or could they) chuck us out? Thanks, Andy
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A few more questions about bankruptcy...
Hello again, I am still considering bankruptcy. Is anyone able to answer the following questions for me..? 1. If I go bankrupt will the OR look into my wifes bank account, or do they have the power to do so? 2. Would the OR consider taking my wifes car, or just mine? 3. What happens if utility bill arrears are included in…
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The first step! omg....
I have just received my letter from the IVA saying "Regrettably, the IVAs are no longer sustainable". I have just rang my local county court to see if we need the Certificate of termination or the letter I received would be good enough..... he didn't know it was up to the judge! (so I think it best if we get a CoT) He is…
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SOA help please
hello me & my husband are probably going bankrupt & having house repossed. i want to do a SOA but am not sure how to do it. the situation is: we are living with my parents, we aren't currently paying them anything but they need us to pay something as cannot afford to support us (they are struggling to support themselves)…
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Confused about filling out petition
I am a bit confused about filling out my petition online It asks for all my debt and how much i owe but also asks date incurred Is this the day i opened account Hope you lovely people can help
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Should i tell my creditors i am going to petition for BR
I have been on once before have struggled to maintain my DMP with the CCCS. Have recently had a review and have not enough money left to meet their financial criteria for continuing with a DMP. Have sent all my creditors a token payment of £1 and am currently getting the paoperwork together for the court. Some creditors…
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How long
Im worried now I have always just managed to rob peter to pay paul with my repayments on my debt however the past 6 months income has been shrinking and no credit left to juggle Im at least 3 months behind on payments and struggled the past 6 months and income is getting worse Will the judge think i havent struggled for…
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Just a couple of things
Hi guys, I have my bankruptcy tomorrow :o and just want a couple of questions I have answered that have been playing on my mind. Do I take 2 signed copies of the statement of affairs and £500 is that correct? There is money that has been set-up to go into my bank account on Friday, I know that it will be frozen and I won’t…
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Advice required
Hi all Looking for a little bit of help if possible. We where discharged in Oct last year and we still have payments to make to our Trustee. Due to a decrease in finances (I am on a 4 day week with 20% cut in pay and and increase in my OH CSA payments - £750 out of our month income in total) we are struggling to pay what…
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SOA advice please , still can't sleep.........
Hi Everyone, thanks in advance....... 2 adults and 1 child, also 2 other children who stay at weekends and school holidays. also seem to have a minus figure, £90, what should be cut???????? Income Me 2000 OH 700 Child benefit/tax credit 112 Total 2812 Rent 1000 water 43 gas 50 electric 50 C Tax 184 phone/internet 44 tv…
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SOA advice please , can't sleep.........
Income Child benefit75Me2000Tax credit32OH700112Total2812Total112OutgoingsRent1000water43council tax184gas50electric50Household servicesContents insurance16Telephone48TV licence12Sky21Child maintenance369Childcare271Life insurance40TransportCar servicing15road tax14motor insurance30Fuel & Parking160Food/toiletries400…
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OR Forms
Hi all, I have my OR interview on 3rd Feb and reading some of the posts on here, I am starting to get a bit worried! I got the forms through the post to sign saying I understand what it means to be an undischarged bankrupt. Nowhere in the pack did it ask for wage slips, cc statements, loan agreements or cut up credit…
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Borrower has gone bankrupt
Hi this may have been covered somewhere else but I haven't been able to find it. So....... One of my wife's family members has recently gone bankrupt and lost their business. Unfortunately they (unknowingly to me) had borrowed a significant amount of money from my wife by her opening several credit card accounts. For most…
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How to afford the cost of BR?
Hi :) It looks likely I will be going forward with BR however I'm worried about the cost of doing so....I'm not sure where I can get £400+ from. I'm single and on incapacity benefit and wondered if anyone knew if there is any concession for people on benefits or will it be possible for me to pay the court and OR fees by…
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Help me Please!!
I'm about to meet my Official Receiver, after having just declared myself Bankrupt. I'm working full time, just above the minimum wage, i am aware that there are limites to what i can claim for allowances. I am claiming for half the rent, half the utilities, which include, Elec, BT, water, TV liecence, Council Tax, I`m not…
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should i go bankrupt
hi im just after any advice please last month went on a iva first payment was this month 2days after i payed for it, i found out ive been made redundent and now going to have to go on benefits as i have no savings i live with my parents i have 1 child and only have a cheap car less than 1000 i owe my creditors about 17500…
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Going BR and on notice period at work
Hi all If I hand in 2 months notice at work and go BR during that time what would I put down on my SOA as income? I will still have another job. (I have two)
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Not eating, not sleeping because of the unknown..
Im not scared of becoming BR infact I see it as a fresh start, Im just scared the OR will report me and I will get done for fraud 4 n ahalf years ago I met this guy absolute whirlwind romance, I had about 10k in the bank, so after just 5 months I bought a house with him, (using my 10K) it went horribly wrong, he was…
