-
charging order
I am searching all the threads to look for my info I promise! But I need advice from anyone about the chances of a charging order on my property before I get a chance to go bankrupt, I dont have my appointment with the cccs until first half of August . I am with lloyds bank and I have just moved everything over to another…
-
Mortgage payments on SOA
Hi when my oh we changed our mortgage to interest only to make the payments more affordable the plant was to revert this back to full repayment within the next 3 yrs, how due to illness went BR last Nov so mortgage is still on I/O with no repayment vehicle, on the SOA can we put down the figure that is repayment and keep…
-
BR SOA but baby due in december
Hi - i'm new to this so please bear with me! My husband is filling in forms to go BR. I am pregnant - due on boxing day - how do we go about the expenses? do we fill it in for as it is now (currently me, my husband a 7 yr old and a 6 yr old) or do we allow for the baby too? also we have nothing for the baby yet - car seat,…
-
Intrest ONLY mortgage and SOA
I am doing the SOA i really need to get this right On the mortgage we have an interest only mortgage, which is at present £85 on a £136k loan. I dropped all my insurance and endowments when they became unaffordable to keep up payments to creditors (the signs were there a long time ago I just wish i was thinking clearer…
-
Stakeholder in property goes bankrupt
There are three of us who are stakeholders in a property. One of the stakeholders run their own business and have gone bankrupt. Both the other stakeholder and myself have received letters from the insolvency company stating that they must be consulted as regards to selling or taking any action in association with the…
-
Name in paper
I know that my name will be printed in a national and local paper but why is this? I thought that the OR contacts all my creditors as they have a list?
-
Informing creditors of going bankrupt
Hiya, I am going to the courts next month to declare bankruptcy (am just raising the funds to pay for it so will be going first week of next month when I have it) in the meantime i have stopped paying my creditors, but am being hoarded by calls which I am not answering. Do I have to inform them that I am going bankrupt or…
-
Contents insurance
Just wondered if someone could clarify as to why an insurance company needs to know if you've ever been bankrupt (can undertand for bank accounts etc, but this is puzzling me) And if so ... will it raise our premiums?
-
After BR how long till u found out if u kept ur house?
Hi We went BR today and the official reciever just called and said we might not know about our house for 2-3 months. Now im hoping he means that 2-3 (if there is negative equity) till we know the BI has all been bought out and we will know if we get to keep or loose our house first? How long from going BR till u knew if u…
-
Famous BK people
Ok - I may have gone BK but it will not stop me from creating another business in a couple of years and learning from my mistake, and getting it RIGHT this time. I loved running my own business in the early days, and next time I will have learned from my mistakes, and get a decent in-house book keeper and accountant from…
-
SOA forms??? help!!
I have my BR on wed 7th- i have filled out the online forms but i keep noticing threads on here where people have filled out a Income/expenditure form which looks official. Am i missing something here? ON the online form there is a section for outgoings etc ( section 7 ) but do i need to submit another form as i cant find…
-
Drinks on me tonight!!
I have found two of the dateless 20p pieces - who knew that going BR and having only coins in your purse could have its benefits :rolleyes::rolleyes:. So can we all meet at the BR Inn tonight and the first round is on me!!
-
It can get better....post BR
After some hiccups I now have a little business with a 3 year goverment contract, a pot I can p*** in and no debts, we have a week away in one of James's villas and the possibilty of buying a static in Spain, (just a cheap one, dont get excited) All i can say is that light at the end of the tunnel neednt be a baillif with…
-
do I need to get my house valued?
Hi quick question should I get my house valued to see if I have any equity before considering bankruptcy, I am not sure what its value is? I am guessing we have no equity , but as I am unsure of its value I could be wrong,does the OR value your property, and does it matter who values it as I know they all can give…
-
Secured Loan, repossession and bancruptcy
Hi Just wondered if someone could please offer some advice. The situation Myself and my partner bought a house 3 years ago for approx £138,000. We had debts so, looking back we shouldn’t have been offered a mortgage and we shouldn’t have taken a mortgage. We took out a secured loan for £15,000 when the value of the house…
-
Gas and Elecric accounts
Do i need to tell the Gas and Elec company that i am BR, the BR had nothing to do with any priority debts, it was all unsecured credit cards loans and store cards, so the gas and electric company are not involved, as people in the house are disabled it would be not possible to rely on a pre payment meter, might they waive…
-
Bailiff problem
Would this be the right forum to ask for advice re. bailiffs? I had a call from a friend this morning who had unfortunately let them in. They were adamant they were going to take stuff to pay for his son's debt. I spoke to the bailiff myself as the friend is recovering from recent very major surgery and he told me that…
-
OR asking for proof of child maintenance
Hi All I anticipated this. I pay my child maintenance through an informal agreement between myself and my son's mother. I'm not worried about proving it as there will be a monthly record of a standing order through my bank account going to her for years now. I am pretty sure she'll also co-operate with the Insolvency…
-
Dealing with those phone calls!
Hi all One of teh things that gets many of us down is the constant phone calls. Many on here have 'had a bit of fun' with the callers from time to time to the great amusement of all! This is the best I have ever come across (apologies to those who have heard this before as it is a bit famous!)…
-
Just realized my car insurance
Is taken out by direct debit in monthly installments will my BR effect this?
