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renting after br
Hi My Girlfriend and I are looking to move in together as I am bankrupt can she put the rental agreement in her name alone?
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Dealing with beneficial interest from 1st Jan 2011
Guidance issued to examiners.
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bank accounts
Hi all , I went bankrupt in july of 2005 , after three years i was cleared . I am basically wanting to know what to do to get a basic bank account again or even a debit card account , i dont want overdrafts etc as i have learnt my lesson , i applied for a royal bank of scotland account at the weekend and was told i needed…
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IPA Letter From OR
When I had my OR interview, I was told that I probably wouldn't get an IPA as the surplus figure according to my 6.28 BR Form was £15, and that the details on the form seemed to be reasonably accurate. I was also told that at some time I may have to fill in another SOA if the OR required it. Have not received one as yet.…
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Considering Bankruptcy, currently have a Debt Management Plan - Advise Please
Hi, Last year myself and my husband took out a debt management plan (DMP), we currently pay £350 a month. Our review is due soon and we expect they'll want to take more as we are now earning more money. We are expecting our first child in May and are considering bankruptcy. We have fully cleared 3 accounts, all for about…
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Property question 2 years post BR
I am hoping someone can help me with this. My husband went BR in Jan 09. We own a property (mortgaged) and as it was in negative equity we kept the house. I know that the OR can come back at any time within 3 years following BR with regards to the beneficial interest. Because it was around -£8k less than the mortgage I…
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Kensington refusing to alter credit file
experian have amended all but one entry on my file this is kensington mortgages, who still show a balance and demand i ring them before they alter the entry, when they caused months of hassle pre and post br by not taking possession of the property despite letters and phone calls almost daily. I also found out that egg had…
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bankruptcy queries
evening everyone. my partner & i are considering bankruptcy & letting our home be repossessed (still deep in thought at this stage) what we are wondering is, say we pay the deposit for our wedding reception on a credit card, or take out a loan, then go bankrupt in 6-12months - is this deemed fraud? we both have a few cards…
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Rate payments, can they be included in Bankruptcy?
As I have made the decision of letting the bank take my home I have also got behind in Council Rate payments so does anyone know if they can be included in my Bankruptcy or will it have to be paid no matter what??
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bankruptcy and new job
hi there I currently have a job that pays around 33k a year. Unfortunately I was employed in my current job when i was delcared bankrupt. (debt60k due to house) The OR has instructed that i have to pay £460 a month for the next 3 years! This puts me in an awkward position as i absolutely hate my job and it has no prospects…
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Update to discharged bankrupt can't afford mortgage
Hi I'm hoping someone has some advice for me. I went bankrupt in May 2009 (discharged about 6 months later) due to large amount of unsecured credit, however decided to keep my house as could afford the mortgage and couldn't face the thought of having to move out as well as everything else. I was allowed to do this as there…
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Partnership Joint Bankruptcy
My wife and I are over £47k in debt and have sold nearly everything to survive. We run a business as a partnership which has not provided any income since the credit crunch though it does pay for itself. Luckily I have got some consultancy work which keeps us going (though this is subject to one weeks notice of…
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6 Years
Hi.On 17/1/2011 i will have completed the 6 years needed so my B/R will hopefully be history.I have one question, on a lot of application forms there is a question asking have you ever been B/R.Do i have to declare this as it will be over 6 years old and will not be on my CRF. Regards Mark.:j
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Inheritance
Friend of mine who has come out of Bankruptcy recently, he was made bankrupt in 2008 is full of questions one of which is...'in the event of any inheritance am I to declare this to the relevant people?'
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what happens to joint loans when one goes bankcrupt?
My husband after a long and hard think and had several offers of payments refused has decided to go bankcrupt and to be honest it is most def the best decision all round. My question is this- obviously they will close our joint bank account I understand that- but what happens to any joint loans? We have a joint loan with…
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Credit cards/building credit rating
Right before anyone shoots me down in flames I am not looking to get credit for credits sake. I would like to get one of the CC that will allow me to start to rebuild my credit rating. On the Vanquis and Capital One application form it states that you are not eligible if you have been declared BR in the last 12 months.…
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Warning about property from 1st Jan 2011...
Hi all, The Insolvency Service are amending the way property is dealt with in BR. (Thanks to fatbelly who alerted me to something going on, but not sure what it was) I have a document in front of me from an 'insolvency friend' that says property, even in neg equity, shall not be disposed of (ie dealt with by the IS) until…
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Employment post bankruptcy?
I'm going to be looking for a new job in a few months and I'm curious as to whether my BR is going to be an issue. The type of jobs I normally do are admin roles and I normally apply through agencies. Its been a few years since I signed up with an agency and I don't recall whether or not they typically ask (when you…
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Experienced proffesional help required with a ongoing FTVA Thanks
Hi Last December I went bankrupt for over £50000. I was unemployed at the time and was still unemployed earlier this year when a friend offered me some money to hopefully pay of a certain pence in the pound to my creditors and then to close all my accounts...This was called a FTVA, similar to a IVA, but its a proposal that…
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Somebody who had nothing
I have just heard some sad news, somebody who had nothing but love and care for others has been found dead in the cold weather. This for me is a big wake up call as it just proves that if you do not have your health you have nothing...................Sad as I am to post this I can't express how I feel, this person lived…
