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A little cheer?
Folks, I am a recent addition to the BR family here. I was on the DFW thread under a different name for years. What I found great over there was the really cheerful side of being skint, if that makes sense :rolleyes:. Anyway, this board, quite rightly focuses on the technical aspects of support for BR. And for those…
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IVA's - What a Rip-off!
Just recently discovered that my brother got himself lumbered with an IVA and I can't believe the costs associated with it! Briefly, he had £30k of debts and agreed an IVA monthly payment of £525 which would settle the outstanding amount after 60 months. However, the costs of the IP are ridiculous - I'm in the wrong…
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Post-Bankruptcy Payments....Advice needed please.
Hi. I'm after a bit of post-bankruptcy advice and would be immensely grateful of any helps as regards my current predicament. Basically, I was made bankrupt in November 2008 - admittedly mainly due to gambling losses. I was told to expect penalties in the shape of a Bankruptcy Restriction Order (BRO) as a result. Sure…
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Car Question!!
Me again, Confused re what to do with my car when I go BR in 3 weeks (eeek!). I owe £10,600 on the HP and it's worth about £9k so from what I read the OR won't be interested, is this right? I have to have a reliable car for work but the payments are £175/month so even if I can keep it I'm not sure I'd want to, something…
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Ex throwing spanner in the works!
Argh! Just as I thought I'd made my mind up to take a deep breath and talk to CCCS about BR.... my ex is now playing up again. The reason this has all come to a head for me this week is because he called last week to say he's behind with mortgate/secure loan and didn't want to stay in our home anymore. Reading between the…
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What can I put on my financial statement?
Hi, I am currently making reduced payments to all of my creditors. The time has come to produce a new financial statement (I have now moved house). The lady at the CLA who sorted all this out for me in the first place wrote my original financial statement for me, but there's very few allowances in order to let me live a…
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What can I put on my financial atatement?
Hi, I am currently making reduced payments to all of my creditors. The time has come to produce a new financial statement (I have now moved house). The lady at the CLA who sorted all this out for me in the first place wrote my original financial statement for me, but there's very few allowances in order to let me live a…
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Credit Reports
I have seen my credit report for the first time today, I thought that it may be a good idea to check it now I have been discharged for over a month. Most of the entries have been marked as settled or partial settlement. There are a few that are still in default and showing a balance, the default date is after my bankruptcy…
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At what stage do you agree your IPA? + early discharge??
Hi again everyone, The questions keep coming from me I'm afraid! :-) When in the whole BR process do you agree your IPA with the OR? I've had a search around the forum but haven't really found a definite answer. It appears some people are really quite far into their BR and are still unsure if they'll get hit with an IPA or…
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Credit company making me bankrupt. Help!!!
Hi, some advice please Received a Statutory demand on the 24/04/09 for £7683.73. Buried my head in the sand for too long, contacted them in june to offer repayment plan. Paid off £183.73 to round it down to £7500 and they requested that i write to them with a repayment plan, my wife then left me and my world turned upside…
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40 Days And Counting
It is now 40 days until we attend court. The day seems to be coming round so fast. What is making it that much harder is the fact our creditors love to hassle us. To be fair, having been in a DMP, we have had minimal contact but today Northern Rock wrote to us. "If you pay us £3500 we will stop the interest!" yeah right i…
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booked my day in court
............november 2nd........x
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Have I Got This Right Re Car.
Brief outline : OH goes BR on Nov 6th 2009. Car finance outstanding is £8.5k and after checking on Parkers the car is atually worth at very best £5k and worst £4.2K Car financed by a HP Loan formally GEMoney now Santander on a 60 month payment plan of which we have paid 22 months. As it is on a HP agreement the OR will…
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Causes for bankruptcy.. please read, advice needed!!
Hey all! If you've got a minute (or 3!) please could you have a read of my causes for bankruptcy below. Not sure if it makes much sense really.:confused: Many thx!!! In May 2008, I bought a flat through the key-worker shared ownership scheme. From the outset the monthly payments in mortgage, rent and utility bills made…
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Well - That's me Done
Finally went BR this morning at 11.15 at Brighton Crown Court. Just like to say thanks to everyone on here for all the information I've gleened from all the threads over the past few months. In terms of the day itself, after a completely sleepless night I turned up at the court at 10.05 for my 10.15 appointment. Somebody…
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Does This Sound OK?
Just wondered if you would kindly read through what I have put down in the "Reason for Bankruptcy" section on BR forms - does this sound OK? Feel like I went into moan mode at the end and it probably isn't relevant??? Any feedback much appreciated: Since early 2007 due to my mothers failing health I have had to become a…
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Short Term Bankruptcy 2004-2005
Hi, I was discharged from bankruptcy on 12th August 2005. Viewing my credit file, shows the debt that was associated with the bankruptcy. Will these entries be automatically deleted from my credit file, or do I have to notify the lenders that I was discharged in 2005? My understanding is, any entry on my credit file is…
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In need with advice again friends - life insurance
We surrendered our life assurance policy when we went br in August. I really want to get new insurance for DH and myself as I think it will ease some of my anxiety. Now for those of you who don't know me I have always said that should I receive any inheritance I have no qualms with it being used for creditors whilst i'm…
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IVA hopeful but mortgage shortfall forces Bankrupcy.
Hi All, After ten months of huge huge effort to avoid BR i have been forced into surrendering my home to my Primary lender and declaring myself bankrupt. I have been on the Assisted Voluntary Sale scheme and sold , subject to contract - Doing the maths , the 2nd charge was left short and despite my considererable efforts…
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some BR advice
hello all i was looking for a little advice regards BR. I have had to resigned and finish with my job earlier this month due to family reasons. My father is ill and his health has taken a turn for the worse so i need to move abroad (non EU country) to care for him as he is alone. Anyway, as I am now no longer employed and…
