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Critical Illness Policy
I have a small critical illness policy, I know if I want to keep the policy going I would have to pay for it from any surplus income. The policy pays a lump sum if I get a critical illness – if this happened during my B/R would I send it all to the OR. I wouldn’t mind – because without B/R it would have to be used to pay…
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House repossession
Hi all, Right here we go,due to financial problems my house is about to be repossessed,i am volenterily giving the keys in to Hamlins solicitors who have been instructed by santander but they want me to sign a declaration where i am liable for any shortfall and ongoing mortgage interest.Do i have to sign this as it would…
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Off to Court in the Mornin !!!!
Hi Well its time, DDay has arrived. Were off to Court in the morning and its time to start our new life ! Anyone got any tips on what to expect? The nerves are jangling, but we can see the light.
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Is'nt this a bit stupid?
Some of this nonsense that seems to be happening on this forum right now. Lets not all forget. Bankruptcy is THE very last option to consider, when there is no alternative. All other options have been exhausted. The end of the road, for some. I urge anyone to consider very carefully, before taking this option. You will…
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Mortgage after Bankrupcy
Just wondered if anyone had managed to get a mortgage after been made bankrupt, It will be 6 years next year so it should go off my credit file and I want to re mortgage with my wife
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Mortgage Payment Protection
Hi been a long time since I have been on site, but wanted to check if mortgage payment protection (ASU) is allowed, looking through old email today from OR which states he has had to disallow this but called it private medical insurance but it isn't, it covers in the event of my hubby being off sick, accident or redunancy.…
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Is this the place for me?
I have been a member here for a couple of weeks and it took a while for me to get up the courage to post...I have found most members to be enormously helpful and empathetic... However, I think some people here have forgotten why they might have come here in the first place: The above is one of the reasons I joined...but I…
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I really dont know what to do
Hi i run my own buisness doing dog walking etc and over the past few years buisness was good so had all the usual offers of credit cards which i stupidly took.Now i find myself struggling to pay everyone back they keep ringing me and wanting me to up my payments.I cant afford to have. i have a big minus every month as it…
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Handing Keys Back
I have knocked up a letter to send to HSBC to hand our keys back to them having gone BR back in March. We are now in a rented property, but I have hit a snag - the OH. He doesn't want me to put our new address on the letter - saying that the bank will have to discuss all this with the OR so why tell them where we are. What…
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Zero tax code confirmed - now what?
Hi, After many months of waiting the Inland Revenue have finally confirmed that my tax code is 0 which means that I will have an extra £496 in my pay packet which (I assume) I need to send to Moon Beever. Can anyone advise on the procedure? Do I send them my pay slip as normal and wait for them to reply with details, or…
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Is Bankruptcy the way to go?
Hi, We are in a bit of financial bother, and am after a bit of advice on what to do next, but i fear bankruptcy will be the only option :( It's all to do with the mortgage... Basically, since taking out out mortgage, my wife has had to go part time to look after our new baby, i've been made redundant twice and now our…
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Bankruptcy- but still have outstanding amounts on my credit file.. help??
I was discharged from my bankruptcy in nov 2008 but on my credit file (experian) it still shows that i owe 2 creditors(both halifax) which i was under the impression, that they should of been removed and settled?? Anybody any advice tips etc would be greatly appreciated. thanks
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Bens paying mortgage interest...does it affect a person's credit rating?
I am a single pensioner who has used up all savings and can no longer pay the mortgage. I am entitled to the govt benefit of having the interest on my mortgage paid, but am very worried about whether it will affect my credit rating if I accept help. I have strived to keep a good credit rating and don't want to lose it. I…
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Affects of bankruptcy
We have been in a DMP for 3 years but can only pay a small amount each month and so the time period for paying off our debt is unrealistic. An IVA is not an option as we cant afford to pay enough each month therefore I am seriously considering bankruptcy. I am scared of how this will affect me in the future and would like…
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Some More Questions
For over a year I’ve known that I must go Bankrupt. I’ve posted many questions and am so grateful for all the answers I received. I’ve become practically OCD about Bankruptcy and I just needed to know every answer to any questions I might be asked by the Officials with all the eventualities and outcomes. Then a friend and…
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Soa allowances.
I know that no OR is the same, but a lot of posters come on here and ask for advice on filling out their SOA. But few come back on and explain the limits they were allowed. I feel it would be a good idea if those who have recently had there OR interview would let others know what limits they were allowed. Thanks
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Last chance saloon
I have really got myself into a bad situation and now I need to know the best way out of this. I have avoided paying my debts for nearly 10 years and during this time I managed to get an attachment to earnings order. I paid this for a few months until I lost my job. I did not contact them to let them know what was going…
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Soa help?
Hi, Just having to do to our SOA for an IPO, would anyone be able to have a look and tell me if its ok?. Thanks in advance. Household Information[/b] Number of adults in household........... 2 Number of children in household......... 2 Number of cars owned.................... 2 (one is owned valued £1000, the other is a…
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RTLU, benficial interest at the 3 year point, what happens?
Hi All, Long and short of it is I'm nearly at the 2 and a half year stage and still no nearer to getting back the bi despite chasing several times. I know that after 3 years either the BI will revert back to me or the OR will put a charging order on the house for any equity or possibly apply for sale? However I know that…
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Bankrupt and stressed out with OR
well I had my OR interview yesterday and it went on for 50 mins. She was quite abrupt with me :( and the conversation really stressed me out, my head is banging. I have to pay 74 quid a month for 36 months. I disputed this because she says my outgoings are over estimated by £100 a month but when I filled out the petition…
