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scared - any advice?
Hi everyone, The very fact that Im looking at this board makes me realise that BR has to be an option... I am a 30 year ols married mum of 1 little boy whos 2 next month. We have around 30K in debts and bring home around 2000 a month... life is a struggle. But reading about the facts of BR is so scary, do they really seize…
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Expenditure form questions...help needed...thanks..
Hello... Im currently awaiting to start the ball rolling to make myself bankrupt...however I am still really confused as to what to do with my expenditure / outgoings. I am currently living within a shared house of other professionals with my boyfriend.... He has recently decided to become self employed late last…
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Argh Eon
Back in March both hubby and I went BR. We moved out of our property in May, and told Eon this and that fact that we are BR. Happily continued with Eon in our new property and had no problems. But now the problems start. HSBC have finally repossessed the house - I sent the keys back voluntarily in October as they had not…
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Calling my CC companys tomorrow - cant pay them any money :(
Hi guys, I am going to be calling and writing to the companys i owe money to tomorrow - i cannot afford to pay them.. all my debts are unsecured. Has someone been through this process before? i would like to know all my circumstances and options... i have written how much i owe in this section the other day. I know my…
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Face to Face Interview on 21st and Form Questions
Just got home to a letter asking that I go in for a face to face interview with the OR on 21st Dec. It was a creditors petition for BR plus I used to be a Director of a Ltd Company, so I was half expecting it, but thought I would initially be interviewed by phone. Worried about filling in the forms as I don't want my…
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Lloyds TSB After bankruptcy
Hi everyone. I was declared bankrupt in July 2009 and received my discharge in July 2010. I am currently sorting out my credit file (90% complete :j) but I have a question to ask. Has anyone been able to get a Lloyds TSB Bank account after discharge? I have moved away from my local branch of nationwide and the nearest bank…
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Equity from former matrimonial home.
I'm considering going bankrupt but I'm worried that the receiver may force my ex-wife to sell her home where she lives with our three kids all under thirteen. We separated 5 years ago, sold the house in Sep 06 and she used the equity (about £95k) to partly fund the purchase of a family home in another city. I kept my…
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My younger brother is considering going bankrupt but I'm worried for him ..
He was made redundant earlier this year and on the jobseekers allowance he received was unable to make the repayments on the credit cards, loans etc that he had. He has spoken to a couple of debt management organisations who advise bankrupty - he has the money to go bankrupt, but will this mean that he will not be able to…
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IPA / IPO Question
The OR didn't mention this when I had the phonecall as she said I didn't have enough surplus. My question is that obvioulsy at some point I will have some surplus as and when my partner can find work (depending on when that might be) and obviously then I will be required to have an IPO or IPA - is that right? Whenever this…
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New Posters - Sorry
Its abit quiet on here today, but please hang around and answers will follow. bear with, bear with, bear with, bear with.......
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Bankruptcy (Discharge) and Savings
Right, I'm a keen poster on these forums, full of amazing people to be quite honest, but now I need help for myself not for other people! Basically I went bankrupt almost a year ago it will soon be one year exactly and I will be automatically dicharged. Now, I need a definitive answer here guys because a lot rides on it to…
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Nil tax code, IPA and going abroad
Hello I went BR post April this year (no mention of ED to date) with no IPA and am currently on JSA. I have a few questions regarding the Nil tax code (NTC) and IPA’s. Am I correct in saying if I don't get a NTC by 5th April 2011 I wont get one? If I found employment and the gross income in the months remaining until April…
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help with house repossession
Dear All, Can anyone help? I have yet to go bankrupt as i am paying a small amount token payments to creditors while saving for bankruptcy as per adviced by CCCS. I sent off for voluntary repossession of house papers to Northern Rock but they refused them. 3 weeks later i got papers of repossession claims from the local…
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Let Property Maintenance Costs
Hi, went bankrupt a few months ago. I have a jointly owned let property that the OR is taking my half of the rental from as an asset. As it is causing my partner financial hardship maintaining the mortgage without the full rental receipts, we have asked if my partner (the joint mortgagee) can purchase my interest in the…
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Early discharge?
I have had a soa for early discharge. I know this is no garrentee of getting it but just wonder how long it takes and does it mean that they have finished looking in to my case etc. also because of the new rules im a bit worried they wont allow my pet insurance etc. I only have a small surplus at the moment less than £20)…
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am i liable for sellers fees
Hi all, i now have to put my house on the market as instructed by OR !:( does anyone know if i am liable for any sellers fees,enrgy certificate etc the mortgage was included in the bankruptcy as i am already giving the OR 50k which is all of my equity i really dont want to give them a penny more unless i legally have to. i…
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Bankruptcy? Whats it all about?
I have a house and everything that goes with it that I own and cant sell. I am married but when I bought this house I was single. My wife bought her home this summer before we got married and that is on her name. My question is the things in my wifes home are hers and I live with her now. If I declare myself bankrupt is…
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Bank Acc Advice
Hi All, I am after some advice if anyone has any experience on this matter. My partner went bankrupt over a year ago now and is now discharged. When she went bankrupt she was advised to open a Co-op cash minder acc as she would have her current acc closed after the bankruptcy which is exactly what happened and for the last…
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OR Interview 2.30pm today
OMG, OR interview today at 2.30pm Panicking all over again, what knid of questions will they ask apart from the obvious Like I have said before the majorty was used for my partners business, they can see the transfer between my account and his but he didn use some of it (not a lot) to pay our mortgage whilst he wasn't…
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Can this be true???!! I was never told!!!
hi, I'm slightly hysterical now so excuse me if its a bit all over the place.. just found out I am STILL LIABLE FOR £30K!!!! went bankrupt in jan, 30k was a joint unsecured loan as part of a joint mortgage. Ex hasnt paid the unsecured loan at all. NR have applied to put a charge on the house, so this loan will be secured…
