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Cars and bankruptcy
Can anyone offer any advice.. I am going through the process of filling out my petition of bankruptcy. I have a car worth around £2,500 , i need to sell this before i petition for bankruptcy , because i need the funds from it to pay for the fees. Does anyone think i will have any problems with the O.R because i have done…
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Any advice appreciated
Hello :hello: Thought I would come out from lurking and ask some advice. Two years ago after finally facing up to our debt problems we entered into a trust deed. All was ok until my OH lost his job last October (we’ve 3 young children so I’ve no job) and we have not been able to keep paying into the trust deed. We have…
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Just a idea
After you are discharged and clean up credit file , wondering if it would be a good idea to have a note put on file for reason of bankrutpcy cant remmeber what they call it now notice of something
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CCJ on file after BR
Hi all Came out of my bankruptcy over two years ago but my creit file still shows two CCJ's as unsatisfied from before my BR. I have been told by my mortgage broker that if I can get these marked as settled then I will be able to get a mortgage with little difficulty other than the usual S/E stuff. Question is, how do I go…
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Weird question and situation
Hello all, Heres an odd one... I was made BR back in Aug of this year and had my OR interview in early Sep and all went well. I live in the US so it hasnt affected me too badly thankfully. Now heres a weird one. My wife has been told she will be coming into money from a death in her family (the estate is all currently…
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28 days + 7
I recently returned my IPOQ so i understand the creditors have 28 days + 7 days for post (maybe that should be more now with strikes looming ) to reply . In reality do they bother replying or just let the 28 days lapse
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I thought i owed alot!
http://www.insolvency.gov.uk/databases/ddirector/viewbrobrudetailsmore.asp?courtnumber=0506702008 hope the link works.. £8 mil worth of debt... hmmmm
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Should I Sign
Hi Have been brankrupt for almost 2 weeks now. It was a difficult decision to take and has been an emotional rollercoaster. I got a lot of help from this site which I am extremely grateful for. My question is:- I have advised the building society that I want to hand my house back as I am moving into social housing in the…
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Any Advice please!!??
Hi, This is my situation, my husband and I are in £80,000 worth of debt. I am not working, I look after our 10mnth old and 2 year. My husband works full time and earns a good wage. We have £300 surplus a month. This has been worked out at much less by other companies but lets say a max of £300. We were in an IVA but had…
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OR telephone interview advice
Hi all, I have FINALLY been given a date for my interview. It is next tuesday but during work hours.:eek: I just wanted to ask if there is anything in particular I should be made aware of. I have no idea of the type of questions I am going to be asked and what information it would be best for me to have at hand. Can…
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Debt Collectors AGAIN!
Hi All Just after some advice really. The story goes: Filed for BR in Nov 08, gave property back to Mortgage co, moved to rented prop. Moved again in April 09. Discharged in May 09. In september we received a letter from debt collectors advising we owed £114 to Scottish Power from Nov08-Aug 09. I told them that we didnt…
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A bankruptcy nightmare
A few years ago my wife took a short term job with a close friend who was in the property development business. He was based in Portugal and wanted to see if she was suitable to manage his UK portfolio. To this end, she signed some forms which made her a nominee on a mortgage for a huge property in the West Country. Yes,…
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Bankrupcy but want to keep house?
Not quite sure i understand how it all works despite our advisors best efforts to explain. Can anyone please advise how this all works.
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my childrens inheritence
Hi everyone have been lurking and keeping a low prole while waiting to go BR will be booking my date next week i have been saving for the fees. Yesterday my husband (who I am seperated from) has told me his nans probate has been granted and my children will be getting £500 each, they currently have accounts with 28p each…
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OR having Creditors Meeting - what does it mean?
Had a letter from OR this morning, they are holding a creditors meeting in Nov. Have said hubbie doent have to be there. We know one creditors has made a complaint about the BR to OR, and we were asked loads of questions a month or so ago, but when hubbie rang the other week to report that this creditor was making demands…
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Can I go Bankrupt?
OK well I am in a mess with my money, current debt is approx £14,500. This is debt is 100% my fault. It started when I was just 18 and I split up with my partner of 3 years. It hit me hard and well I guess I just threw a wobbler. To take my mine off things I decided to work on getting a decent car and making it look…
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Mortgages for Discharge Bankrupts
Hi, Hope someone can help! I made the difficult decision to declare myself bankrup at the end of July 2007, after having a failed business and having unmanageable debts. I have since gone back to work, and am working in a decent permanent role. I am in a position now where I am able to manage a mortgage, I have a deposit…
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Or BR Journey
Well we attempted to start our BR journey this evening by opening a Co-Op Cashminder accout, alas it seems we have hit a snag. They have the referred to account so we have to wait and see. So much for prudent planning of our BR journey
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What happens to surplus income between BR & IPA?
I notice a lot of people mentioning it's taken a while for their interview and the IPA to be set up. So what happens to the surplus you've accumulated meanwhile - and what if you've spent it? Also, on average, how long have people had to wait till IPA was in place/money was being collected? And any chance of offering to…
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Confirmation of OR interviews
Hi, Wonder if anyone can help? My oh & I went br 27 July, had interviews 2 & 3 sept. OR said that car was exempted as on HP & that I was full time carer for son. Also mentioned about our work pensions etc. SO I was wondering how long does it usually take for them to confirm in writing. OH has received letters re his NT IPA…
