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Going BR. ?Forms
Hi Guys and Gals. Happy New Year to you all. I'm new to posting to this site, although read a lot of threads which I've found very helpful. My wife and I have been in an IVA since August 08 but have no assets to protect and are struggling with the payments. We are seriously considering going BR in next couple of months…
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Whats the chances of Creditors petitioning for my BR
I have an IVA with CCCSVA which will fail in March as I can no longer keep up y payments. I think I'm right in sayng CCCSVA will not petition for my BR on failure of IVA, but my creditors may......just wondering what the chances of that are...if anyone knows...my main creditor is Nationwide credit card debt of…
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Hi, new to all this, having trouble with SOA Forms...
Hi everyone, after lengthy discussions with the debt advisory line, i've decided bankruptcy is the best way forward for me but i'm really struggling with the forms, so am begging for help here, i'm currently stuck with the business details section and the land type/property type/Freehole/Leasehold question, i rent a flat…
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Obtaining credit after being discharged from bankruptcy?
I made myself bankrupt for £2,500 as I had no choice. It was all fine, and In july this year I got my discharge notice through. Problem is, I do not know what my credit is like now. I have applied and been turned down for a debit card and a personal loan (I now earn £1700 a month so was trying to get a personal loan for…
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Hmmmm
Hi everyone me and hubby are going BR next Wed 7th so i wondered when we each to SoA how do we split it up as basically all money now all goes in one bank account and money for rent gas elec council tax just goes out direct debit we just use cash card as and when for food haircuts etc etc im the driver but again insurance…
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Feel like a fraud...
Hi there, wow I didnt realise it had been this long since I last posted... I've been looking at this forum several times a day pretty much everyday since. Original post: http://forums.moneysavingexpert.com/showthread.html?t=871533 Basically I ran out of space to go (O/D, CC's etc) in September and so spoke to the CAB, they…
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Help, I'm in an IVA and not sure if I should go for Bankruptcy instead?
Dear all, This is my first posting on this site, although from reading various other posts it looks very supportive if people in my siuation. I am currently in my 8th Month of my IVA agreement and feel I am paying a large amount each month over a longer period of time. My total debt was 130K (I know this is huge and is…
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How's this sound for reasons to go BR?
It goes a little like this. I have not missed any payments so far, but realise that as from now with the advice from National debt helpline and C.A.B., with a massive change in circumstances that I just cannot afford to pay my debts. My ex partner has recently had a massive stroke and he is now unemployed and classed as…
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Help again
Hi, nearly completed online forms, phew, not sure how to word "reasons for BR". Do they want sob story, or short and straight to the point. Was doing reasonably ok till relative to whom I lent money went bankrupt! Ex had a stroke, no maintenance now, and son leaving home this year, no board! :rolleyes:
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Contents Insurance for Bankrupt
My house contents insurance is up for renewel on the 15th Jan, and I have noticed that it says on the paperwork that we have to tell them if anyone in the house is bankrupt or has any convictions, both of these are sadly true in our case now. In the last year I have gone bankrupt and hubby has been done for assault. More…
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IVA 3 years to go. Shall I go BR...?
In March 2007 I entered into an IVA. My OH had come out of work due to a mental breakdown and was living off my money. My debts went upto £30,000 with credit cards and loans etc... I now pay back £321 per month for 5 years. I have 3 years to go. My OH keeps telling me to go BR as they seem to think it'd be better. My view…
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repossession and secured loans
Hi everyone, Happy New Year. I went BR back in Oct '08 and have since voluntarily repo'd my flat which now has had all the locks changed a note in the window, tape on the letter box and is on the market for 62K (i owed 85K on it!). Does anyone know if my secured loan is now unsecured as the mortgage company have it and…
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Barclays cash card a/c
Just a quickie....... Has anyone opened a Barclays cashcard a/c post - BR after naming Barclaycard as one of their creditors? Is it likely to be a problem - I owe them £1250, but I would like a Barclays a/c as well as my co-op one. SA
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Printing out the on line SOA before submitting?
Hi All, I've not registered for the on line SOA yet. I've read words to the effect of "once you've completed the on line SOA, you need to submit it and then print out three copies". My question is, whether you can print out copies before you've submitted? Cheers, Mr E.
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Land Registry Help please!!!
Hiya, Happy New Year to all not been around for a while! I am now about to POP with baby number 3 (due in 3 weeks) so have been busy busy!! Anyway today we received a letter from the Land Registry stating that the OR has put a restriction on our property/land?? What does this mean????? I have no idea I tld the OR my DH…
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Help
Hi ev1, I really need some advice and unsure where to turn. I have got myself into a really horrible situation. I'm a single Mum of one and have found myself in about £20000 of unsecured debts, which I now cannot pay. I have filled out an online form on CCCS and they have suggested that the only option for me is…
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My SOA ready for BR forms - any advice greatly appreciated xx
Statement of Affairs and Personal Balance Sheet Household Information Number of adults in household........... 2 Number of children in household......... 2 Number of cars owned.................... 1 Monthly Income Details Monthly income after tax................ 700 Partners monthly income after tax....... 1180…
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Home repossession then bankruptcy?
Hi all. I'm new to these forums so happy new year. I'm in a pretty sticky situation and was hoping I might find some good advice. I'm currently living in Spain (moved here about a year and a half ago with my ex-wife). I have a stable job here with a good income. However, I have the following burdens: 1. A mortgage on a…
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advice
went bankrupt at start of november still getting people calling me.One of them is from a company that had a secured loan against my house.I know longer live there, my ex partner still there,waiting for the house to get repossed.Will i still have to pay this loan as the company says it isnt included in my bankruptcy. Hope…
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tonights the night to get it sorted
Ok - new year new start and all that so heres my diary to bankrupsy - court date on the 14th Things to do Got to sort out forms (cant remember how far i got last time) SOA - updated any comments gratefully recieved Unsecured debts (me) £22,500 approx Hubby £4,000 2 adults , 2 kids under 6 All monthly figures My income…
