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Cap 1
Cap 1 are getting desperate!!! There debt collectors have offered me a full & final of £1000 if i can pay within 14 days. wow thats 50% of my debt to them not biting though, nearly got my fees together
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Post BR bank question
OK, just went BR today. Going to go to the co-op tomorrow and set up a new account and then get all my utilities sorted out. I was thinking though that as my OH has an account and she isn't BR it would make more sense to use her account as she has a healthy overdraft and her's won't be closed instantly if she goes…
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Repossession Help
Hi, I am looking for help. I have split up from my partner, mortgage repayments are too high for me to take it on myself and she doesn't want it knowing there is negative equity (30K roughly). What is the procedure for repossession. Also my partners car loan is secured against the house also, what will happen to the car if…
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which assets will be taken
hi guys, this is my 1st visit to this foram (use iva foram alot for advise). please help.......both myself and OH have iva's. OH now redundant, he is thinking about going BR, i'm worried about what assets will be taken!!!! we own a house,(poss no equity), own 2 cars (1=£1000, 2=£400). i work full time and still wish to…
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Listing family as a creditor on SOA
Hello all Just wondered, if you list a family member as a creditor when you go BR (my OH listed his sister and his mum) then when you make payments to the OR under an IPA how is that money distributed? Do your family get their fair whack of it, none of it, or are they in the queue behind the creditors ie banks etc? Thank…
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Full Time Voluntary Work?
I went BR on 29th June and had my OR interview last week, still awaiting written confirmation of outcome but verbally, I have been told it is likely I will need to have my house repossessed and pay a good whack out my salary, until at least AD but possibly longer. I was prepared to do both, as this is the 'cost' of BR I…
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wifes car what will happen
Hi, in the process of going bang. Im a self emolyed plasterer and due to the finacial climate it has hit me very hard. My question is will they take my van and tools as I may need them in future for my job and will the take my wifes car, it is registered in her name etc. Hope someone can help and thanks in advance…
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BR Tomorrow eeekkkk...! have got the SOA correct ?
I am at court tomorrow I have printed my forms off ready got my fee, gosh i am so nervous!! I am going to put the SOA from the make sense of cards website as not much room on the insolvancy website and not very detailed (I have also locked my forms now). From what i have read on here the OR will send me SOA forms to fill…
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is bankruptcy the same as insolvency
is it the same in the business world a friend of mine is in administration and are becoming insolvent what happens to there debts to suppliers and personal loans credit cards etc regards moneybuster
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Court done!
So, 9.30 appointment at Romford County Court this morning. Had to wait a couple of hours as they only had one guy handling BRs when there are normally 2. Absolutely no problems, he checked my papers, took my money and I had my BR order back from the Judge about 15 minutes later. Didn't need to see the judge or anything and…
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ED Letter on its way !!
Just spoke to the OR and Casually asked about the SOA that should have been sent by end of June they told me that I should recieve a ED letter within the next two weeks. :j What happens then? I just finnished college and have not passed to the level that I wanted to and am looking for a Admin job at the moment which is…
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debt collector at the door
theres a debtcollector that has come to my home a couple of times who ive ignored. I thought about asking my mum to tell him i dont live there anymore and she doesnt know where i live. Somebody said he will then check the electoral register. would it be worth me removing my name from the register as i have never voted and…
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AD question
Hi, I am due for AD in 3weeks 5 days (not that I am counting!!) I haven't heard anything from the OR for months, am I likely to hear anything before, or does the day just come and go, paranoid something is going to go wrong!!
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My BR Story
Today at 10:10am I was declared bankrupt. Number 293 of 2009, it was a worrying night sleep before the day came, but i worried about nothing. I had submitted a few posts onto this website in reference to bankruptcy and was advised to contact CCCS.The CCCS where a huge help and recommended bankruptcy to me and advised me on…
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Profit from EBAY
[FONT=Verdana, Arial, Helvetica]Hi everyone, Thanks for your valueable advice so far, couldn't got to this stage without you. My question is, I lost my engagement ring a few months ago and my insurance company paid out for it in the form of a gift voucher to be spent at specific jewellers. In the meantime, my husband sold…
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Should I have heard anything by now?
Hi everyone Where does the time go? Has been over 2 weeks (8th July) since my day in court and have not heard anything. I spoke to the or on the day just to confirm who I was and take bank account details and he said they would be in touch to arrange interview, he said I would get a phone call and then written confirmation…
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can i be a director of a company after br?
not an existing directorship a new one
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Bankruptcy and partner income/expenditure
I am in the early stages of considering if bankruptcy is the best option for me and would like to know the answers to the following questions and would be grateful if anyone could help. 1) It is only me going bankrupt. What proportion of my husbands income and expenditure is he reasonably expected by the OR to contribute…
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Done It !!!!!
Just back from the court, everyone was lovely and very nice, even the judge. Hubbie is just waiting for the call from OR, but think we can start to breath a sign of relief - first time in many many months. To anyone else going BR in near future, good luck, it really is ok and much much easier than the hell you've been…
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pls check reasons for bankruptcy
I have drafted my reasons for bankruptcy and looking for some advice, is this enough too much etc. Over the last 2.5 years I have had several changes in circumstances, which have led to my current position. Those changes are as follows: July 2007 – Breakdown of my marriage, at which time I returned to live with my parents…
