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Taking a gamble
Hi, I am a single parent with 3 young children all under 16. I have debt consisting of credit cards, personal loans and secured loans. I have spent the last week reading up everything I can on bankruptcy and have decided this may be my only option. The gamble I am taking relates to trying to keep my home. My thinking is I…
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Can Anyone Give Me Some Advice???
HELLO this is my first post on the site as have been reading up all i can basically am in debt of unsecured 50000, mortgage of 92000 and first plus loan secured on house of 60000. house valued at 145000 so am in neg equity have managed so far to pay unsecured debt by borrowing for one to pay another and mortgage and loan…
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tax credits
Hi I have just received a letter informing me i am to receive £58 week in working tax credits. I went bankrupt in july so do i need to inform the OR of these payments and will they make me pay towards an IPA. Thank You
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Setting up a business after BR
I was declared BR on the 9th of December and am thinking about becoming a childminder in order to bring in more cash while I am at home with my own LO. Will I be allowed to set up a childminding business before my discharge?
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very worried
Hi everyone sorry to post again but had panic attacks again after reading more things on here about bankruptcy I posted a thread about my husband yesterday. is there anywhere i can get the true facts on bankruptcy ie wot happens exactly at court and what they actually look into regarding why its ended up with bankruptcy.…
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OR Pack
Morning everyone! Me & OH have OR interview tommorrow, and the OR forms arrived yesterday. With the kids playing up etc, i haven't opened them. Can anyone tell me whats inside them? I had to leave them at home as i cant really do it at work. :confused:
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Sold car 12 months ago
Hi We sold our car 12 months ago, for £3000, it had a few problems, so the sale was about right, we funded our move into rental property with the proceeds, (1months deposit and 2 months rent upfront due to credit check) will the OR accept this? Also until Dec 08 we were still paying a family member back for a loan, we…
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Loan payments to family
I watched 'Bust' last night and was horrified that relatives can be harrassed if you have repaid them - though can understand if it is in preference to other creditors. Last year we made payments to CCCS for three months and payments to a relative for five months. We still owe the relative around 20k. Does this mean the OR…
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Bankruptcy and my car
Hi all Well I had my light bulb moment a couple of weeks ago and decided that bankruptcy is the only option for me. I now actually feel relieved. I phoned the local county court today to enquire if I have to make an appointment and if there was a waiting list, to my shock he said no would you like me to make an appointment…
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Tonight's tv programme Bust
After all the anticipation my telephone interview was not shown, the guy I dealt with was not featured on the tv programme at all. I wonder why? Maybe he decided not to take part at a later date.... Night all.
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Application for Order Suspending Automatic Discharge - HELP!
Hi all! Haven't been on here for a while - was hoping this was nearly over as I was just a few weeks away from my automatic discharge. Silly me!!! Today I have received notice of an Application for an Order Suspending Automatic Discharge through my local County Court. My court date is 5th Feb 09. I was wondering if any one…
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Re: ITV 1 Tonight, 'Too Posh to Pay' - your thoughts please
Hello folks, In the depths of despair as so many of us are, we turn to the good people of this forum for advice and whether you believe in him or not, I Thank God for them. (And I havent been on that long!) Tonight I watched this programme and the first character was described as a 'wheeler-dealer' univeristy educated…
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letter from halifax
Following my previous thread I thought I would just keep you informed as to what happened with the Halifax after me going in regarding keeping my account open and I cannot believe what I saw when I checked my online account to see if they had closed it yet and there was a letter there confirming what the person who I saw…
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SOA Please dont laugh its my first attempt AH!!!!
Statement of Affairs and Personal Balance Sheet Household Information Number of adults in household........... 1 Number of children in household......... 3 Number of cars owned.................... 1 Monthly Income Details Monthly income after tax................ 1060 Partners monthly income after tax....... 0…
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holiday and bankruptcy?
Hi, currently in the process of getting ready to file for bankruptcy and a little unsure as to a what the official reciever is likely to take from us. My daughter was very ill last year and so when she came home from hospital we booked to take her on a holiday of a lifetime this year. Since that time we have obviously been…
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House repo and BR
Hi everyone, The date is set for the 27th Jan................................. Some last questions, we have moved out of mortgaged house and into new rented. What do we do about the house being reposessed do we deal with it or is this done by the OR ???? Also new accounts are up and running with the co-op, when will this…
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Can I get back my repossesed House?
Hi all, Ok, had my house repo' in July of 2008. The house is still not sold with the current credit state and is reducing in price rapidly! Is there any known cases of getting the house back and attempting to pay the mortgage etc??? Please give as much advice as possible as I want my home back Thank you x
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Bankrupcy abroad
Hi, I'm not sure if anybody can help me with this but here goes. I bought a property in Spain which was rented out Unfortunatley I was conned and was left 2 months in arrears, with all utitlity bills. I have, since last year misssed one further payment and recently missed Decembers. Now with the euro as it is against the…
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Bankruptcy dropping off file in a years time -what can I do to improve credit rating?
Hello all, I declared bankruptcy in March 2004 and it's been a right ol pain last 5 years with little forms of credit aside from a contract mobile! However, in a year's time (March 2010) the bankruptcy will be removed from my file, along with all the defaults and I will be free to re-enter the wonderful world of consumer…
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What will they do with my business????
Hi everyone, I know each case is different but I just wondered if anyone has been in this situation with a 'premises' based business? I have a small childrens softplay in a retail unit, the business itself is struggling (makes me wonder why im worried about what happens to it!) The softplay itself has around £30K of debt…
