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Best way to value car
We are going bankrupt at the beginning of september but are hoping to keep hold of our car. Some websites value it at around £2000 whereas others say £3000. There is some accident damage to the front, but I don't know what places the OR would use for valuation. The Parkers guide doesnt allow for damage or high mileage so…
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ipa !!! in scotland
Hi guys looking for som advicehad interview with or went ok i thought but this arrived today wife also went bankrupt but dont work so no ipa for her this is for 2 adults + 2 kids wages per month £1200 workint g tax credit £353.71 child tax £138.75 family allowance £132.50 total £1824.96 rent £198 electricity £50 gas £50…
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Another SOA question
I've done this one post DRO/BR whichever one I do (am waiting for credit reports to get final totals before seeing which one I end up having to go for) - could someone give me pointers if I am going wrong anywhere or if there is anything that wouldn't be allowed please. Statement of Affairs and Personal Balance Sheet…
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Please take a look at my SOA (Scotland)
Hi I have posted my SOA, not sure how clear i have made myself, if you have any questions please ask. I live in Scotland and i have an appointment with CAB next Tues. I have also called CCCS. I dont know how BR works in Scotland. Thanks in advance Statement of Affairs and Personal Balance Sheet Household Information Number…
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Beginning of my journey
HI There, please can anyone help me i have made the painful decision to go BR, but have lots of questions like should i stop paying my debts now so i have the money needed to rent somewhere & to declare myself BR? Should i rent myself somewhere before i declare myself BR or wait until after, but then im worried i wont be…
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Very Worried about IPA
Dear All, I've had a letter today that says the following: Whilst I have accepted that the majority of your claimed expenditure, I should point out that life insurance is considered to be a discretionary item, so would be excluded from the expenditure used in the calculation. The stated figures for £94 per month for…
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HSBC Basic Bank Accounts
Hi I don't know if anyone will know but I want to open a new bank account. I would like to open a basic bank account with HSBC but I am unsure if I am able or if I will be refused. Anyone have any advice or a customer of HSBC Basic Bank Account. I am undischarged bankrupt at the moment. Any help greatly rec'd! ;)
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IPA confusion
Hi all, I have recieved a letter from my OR today stating that I will be required to submit to an IPA. It says that I will have a NIL tax code and will be required to pay any tax I wouldve payed, to the OR until the end of this tax year. Im fine with this but what concerns me is that sounds incredibly similar to an IPO!!…
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Should I stop paying debts in preparation?
Afternoon everyone :-) OK, next stage in my continued quest for information!!... As you know, I'm in a situation where one advice trust have said BR isn't the right option for me, but that's what I want to do and I do think I'm insolvant. However, is there anything I can/should do to 'help me along' a bit? I've read…
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Letter from OR about release as trustee
Just had a letter from the OR stating that they intend to apply for release as trustee.Is this a good or bad thing or something that happens to everyone??
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possession order
hi folks hope you are all well need some advice, i was declared BR in feb 09 and was discharged in july all good news, before i went BR i moved out of the house and into rented, i had a mortgage and secured loan on this property. informed barclays and the woolwich that the house was empty etc., heard nothing until sept…
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can u look over my soa please??
hi please could someone look over my soa? i have my court appointment on 2nd nov, thanks. Statement of Affairs and Personal Balance Sheet Household Information Number of adults in household........... 1 Number of children in household......... 6 Number of cars owned.................... 1 Monthly Income Details Monthly…
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Declaring County Court Judgements
Hi, I don't know if this is the right board for this, but I tried the employment one and didn't get anywhere so thought I'd try again. A friend of mine got into financial difficulties a few years ago and ended up with a few CCJs against their name. Since then they have paid back everything that was owed, and are trying…
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Oh No - Secured Loans
I have just had an email back from the OR replying to my email and voluntary surrender of our house / mortgage and this was his reply:- If you voluntarily surrender the property all the secured charges including the mortgage remain secured and only the shortfall following the sale of the property will be unsecured claims…
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CCJ's & BR
Hi Folks What happens to CCj's when you go bankrupt Cheers
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Credit Card Agreements
Has anyone considered using the unenforceable contract method. Have heard and read so much about being able to get credit card/loans cancelled if they are pre April 2007. Surely this could be another option out of B!
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CONFUSED- Going bonkers!
Hi guys, I have been putting off filling my forms for now 4 months and i am making myself sick with eating anything I can find for free at work! (theres always cakes biscuits sandwhiches post meetings) I have stopped paying cards and mortgages but just cant seem to bring myself to fill the forms in. I guess I am so scared…
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Where can I get impartial advice?
Hi, I'm considering going bankrupt. I've been in an IVA for 3 years with 2 to go but have other debts which have added to my outgoings and it's becoming impossible to juggle. One company I have recently spoken to who are asking for a payment of about £850 in all, say they will deal with everything and I will NOT have to…
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earliest date for ed?
hi I was made br back on june 4th and around the 15th sept I received a letter from OR asking me to complete a soa for ed. I returned it straightaway and am now just wondering what the earliest date I could be discharged is? I understand that ed is not guaranteed but was just wondering as it would be lovely to start 2010…
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Co-op Cashminder debit card now recognised as a 'VISA debit'
According to this thread ( http://forums.moneysavingexpert.com/showthread.html?t=2006303), the Co-op Cashminder debit card is now recognised as a 'VISA debit', instead of Electron. Just to let you all know, incase you don't go to the 'Budgeting & Current Accounts' sub forum.
