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Citation and Time to Pay Direction (Scotland)
Hi, I've recently accepted that I am heading towards bankruptcy after exhausting all other avenues. Through this forum and debt support I managed to get out of my marital home in July and set up in a rental. My ex is still staying in the house, although we've stopped paying our debts and mortgage since around the time I…
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Pet Insurance when BR?
I have a poorly dog who is 10 years old.. I pay £8.50 a month insurance, im claiming off it now till it hits £500, they wont pay out after this, what happeneds in BR to this.. can i still pay the 8.50 for my dog as he needs the drugs,Would cost me over £40 a month without insurance. Poor boy took him out today and he just…
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Life following discharge
I was declared bankrupt in June 2008 and luckily for me I was discharged in January 2009. I pay £100 per month and this is for 3 years. I still have to declare everything to the RTLU. The reason for this thread is that I may be getting a new job soon which would give me a significant pay increase and I would like to know…
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How flexible are ORs regarding BI
Hi I have huge debts left over from the collapse of my business eariler this year. The CCCS say i'm best to go bankrupt but of course I'm really worried about losing the house. I am a sole trader and we have £70K secured on the house. We have had it valued recently and for a nomal sale we should be looking around the £90K…
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Joint bank account but only one going BR
Hi Decided to start a new thread as no-one answered this question when I added it to the bottom of my last question! OH is going BR. He originally had a bank account just in his name, but added me to it after a couple of years. The account is £2500 overdrawn. When he goes BR does anyone know what will happen to this…
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IPA Outgoings Query
I have recently moved in with my fianc!e. I am BR, she isn't. She has the mortgage on the house, it isn't in my name and not going to be. I have an IPA. I currently earn more than she does. We are sharing the household outgoings 50-50. I have been offered a job a lot nearer to where I now live. If I take it my earnings…
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who & what can be included in a bankrupt petition
needin help fast iam at the end of my teether and this when finished probably wont make sense as i canyt make sense of it all myself keeping quiet dont help either :mad: i have so many debts i dont know what to do :confused: i went to the cab 2yrs ago who after 12mths advised best thing is to go bankrupt i didnt want that…
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Secured loan company...HELP!!!!
Hi all, I have not yet gone br, my house is due to be repo the beg of Nov and we have a secured loan attached to it, I know this can't be included in the br until the house is sold but the secured loan comp have been sending out someone from a counselling service to try and sort out the arrears!! They have now appeared at…
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My SOA
So here it is in all its glory!! It is a lot worse than it has been as I haven't included my wages, which were £720 take home, but as I won't be able to get my job from next month due to the car issues I haven't included them, and even with them the eagle eyed amongst you will have noticed that we would still be short by…
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how much am i allowed to earn ?
Having just posted for the 1st time on this forum regarding my situation and having been readin some of the other stories on here (p.s. thanks to all for making me see am not alone in my worries and thoughts) its got me thinking how much am i allowed to earn before it gets to the point that if my finances are looked into…
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new to site and in scotland looking for advice
Hello everyone Am new to the site and just wanting to share my thoughts and details and see if anyone out there has advise. My situation is that i have £42508.65 worth of debts. Made up by: £13100 unsecured personal loan from bank of scotland (balance at 06/07/09 but original loan taken out 06/07/04 for £17980.21),…
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Is it time for legislation to protect BRs ?
In the last few months my research here and elsewhere has been invaluable to me as I consider my next move but one thing leaves an awful taste in my mouth and that is the discrimination BRs receive from financial and non financial institutions even after they are discharged. I'm sure I haven't come across all the problems…
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my bankruptcy.
:jmyself and my wife declared ourselfs bankrupt is jan 09. after seeking debt advice from the cccs. any way we handed back the keys to our house to the morgage provider. and i also told the secured loan company that we was declaring our selfs bankrupt. they couldnt do a lot really.before the bankruptcy date.we found a…
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Notice of liability.
I'm nearing the end of the process now, as I've returned my income form to the RTLU and they've cashed the cheque for the beneficial interest in the house. Some of you will know that during my bankruptcy, I've struck up a very close friendship with my official receiver. In fact, to celebrate my eventual discharge, we're…
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Tribunal award and injury claim vs LILA
Hey everyone, my partner and i are in limbo at the moment waiting for the shortfall of the sale of our house and the sale of my boyf car that were both handed back this month before entering into a lila. The question i have is that I am awaiting a injury claim payout from an accident in august where i was shunted from…
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Co-op Contents Insurance
Just thought I'd post this quickly to maybe put some peoples mind at rest regarding insurance. Had to make a claim for accidental damage for my TV 3 weeks after going BR and only 6 weeks after changing insurance to the co-op. Nearly didn't claim with it being so soon but then thought I'm better knowing if I am actually…
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last SOA question I promise!
Sorry all! Do you have to sign the forms beforehand or wait until you go to court and do it the same time you swear on oath? And do you need to manually enter the court name after the forms are printed off from online petition? Please help! DP X
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Does the OR check your bank account?
I was granted a DRO last week, I just wondered how much monitoring the court/OR does of your remaining accounts? I only have 1 bank account now and nothing else! I can't see them having the time to check your bank account monthly to really make sure you only have £50 surplus or less - I don't have more otherwise I'd be:j!…
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IPA advice needed
I am getting myself into a right state, my husband went bankrupt in 2006 and was discharged in 2007. He signed an IPA in November 2007 for £100 per month (£3600 in total - 36 months), we made payments on time. Earlier this year my husband lost his job and we were unable to make the payments, the insolvency service and all…
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SOA advice?
Hello I'm due to go to court for bankruptcy on the 6th of November and am terrified. The CAB have agreed to look over my forms but I wondered if anyone could give me some advice on my income/outgoings? I'm worried i've under/over estimated, or forgotten something? I know it makes no difference in the eyes of the court but…
