Bankruptcy & living with it

Archives for February 2010

Saving acount after BR allowed?
After being made bankrupt am i allowed to open a savings account?
Some questions?
I'm ashamed to be in the position that I am in and I cannot believe this is what is happening to me but it seems this is probably going to be the only option open to me. I'm in Scotland and considering LILA bankruptcy to end the misery of years working hard to pay debts. Having a baby helped me get my priorities straight…
Q re name change during BR
Hello, I was wondering what happens when you get married and change your surname during bankruptcy? I am getting married in August and not sure if I will have to tell the OR when I file for my own bankruptcy in May. I wondered if it has to be put in the paper again. Thank you
help with going bankrupt
hi , i am goin bankrupt in march aswell as my husband , we have a house ,we want to move to another county ,when you go br do the mortage lender take the house back staight away ,where do you find private rents ,i having been reading the forums how do we get in touch with the co-op bank ,we have been trying to get a new…
Same question as earlier, posed in a clearer way.The property is re-vested back to me
What does the re-vesting back to me mean in laymans terms.. Is that good? Bad? Ugly? We moved out of the house last October, we are living in rented. The house remains unsold, we havent paid the mortgage since September, I went bankrupt in October, my wife is the joint mortgagee, she aint bankrupt... Yet! What are the…
Little help with a situation (bankruptcy)
Hi all. Am currently on an iva. I have been finding this hard now for past two years and going to go bankrupt. That was an easy thing for me to make up my mind. Here is few probs. I need my car for work as its a 62 mile round trip for work. Its due an mot on monday and to be true dont think it well pass without a massive…
Is my house at risk from Bankruptcy
Firstly, thank you in advance for reading this and all advise would be gratefully appreciated and I will keep this as short as possible. About 4 years ago I moved in with my current girlfriend from living in separate rented accommodation after about 4 months dating. We decided to continue to rent so went about finding…
Barclays basic account
Hi, Ive just set up a basic account with Barclays prior to going BR, so that hopefully this account wont be frozen once BR. One of my credit card debts is on a Barclay card and am just worried that once made BR that Barclays might close my basic account too as I owe them money, if anyone could help with this it would be…
The property will re-vest back to me..??
Hi all, just wandered if anyone can shed some light on this one for me. I just got a letter stateing that the continued vesting of the property blah blah.. is of no benefit to he creditors and therefore the property will re-vest in you in one month....from 24th March the trustees will no longer have any interest in the…
Help with bank account incl in BR
HI , How are you all, hope you are well. I need some advice asap please... OH was made bankrupt earlier this month, included was his prev bank acct which had no o/d facility. This month his wages got paid into my acct until the co op one was sorted. Anyway, logged into his old acct online to check it, and yesterday they…
Stupid question about surname!
This may seem a very stupid question but bear with me! I was married a couple of years ago but never got around to changing my surname on bank account/CC/driving licence etc. The only 'official' thing my new surname appears on is the electoral register. Should I use my 'old' surname, the one on all my debts or my new one?…
help keep changing my mind
Hello im stuck again.. had decided on 1st april for br. I keep changing mind.... i have set up new barclays account.. had stopped paying creditors around xmas time... however.... I was told if you dont acknowledge your debt for 6 years they can't persue you anyway. Why would a person choose BR over doing this? Could I have…
Check a SOA and advice please !!
Hi there, I have been reading this thread for what seems like months and months, and now is the time to get some advice as I am going to take the plunge and would like some words of wisdom from the lovely people here !! Bit of background information : I am married, have a 6 month old and a 5 year old. Hubby works full…
Work related question( & OR)!!!
Hi all I would be grateful if you could advise me........ I was BR on 02.09.09. The OR wrote to me be back in January asking for info as to whether I would be ED (as yet, I've not heard anything). Last week and next week have been offered some supply Teaching Assistant at a local school. The hours of work are: Last week…
Official Receiver???
Hey guys This could be a really dumb question (sorry if it is) but what exactly does the OR do? What is his/her purpose and what is he/she actually deciding? Thanks!
Worried about OR interview
:( Hi All, I hope someone can put my mind at rest. I was declared bankrupt last June and have been paying my tax over to the IP happily thinking I would be discharged without incident... However I got a call today from the OR requesting I attend an interview to go over my SOA. Im a little worried because I haven't heard…
Bankruptcy in progress but balliffs wont go away.
Hi, My mother in law is currently undergoing bankcuptcy proceeding (all fee paid to the company and the court date is within a month) She has among other things, an unpaid council tax bill of over £1000 pounds. The baillif handling her account has never entered her home (she hasn't allowed him in or opened the door. He is…
Me again - another OR question
My partner who is the one considering BR does not have a bank account and hasn't for about a year now. All his wages and everything else is paid into my bank account. Will the OR want to see my bank statements and scrutinise my spending?
Can creditors object to the SOA?
My friend had her OR interview today and as they were running through the SOA, the OR metioned the monthly budget for 'holidays' my friend had put down. The OR said she would consider it, but creditors didn't always like to see that on the SOA. Why is the OR worried about how it looks to creditors? Can they actually reject…
A year since the day - bank accounts
It's a year to the day I went bankrupt. I got early discharge back in October. Bankruptcy certainly has not been easy but the best thing we did given the situation we were in. I must do my credit file clean up so going to make it a priority. I've just had another problem with my coop account card - Domestic and General…

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Bankruptcy & living with it

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