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bankryptcy
just a quick question , if you go bankrupt and get discharge after 12 months is that when you normally stop paying money from your surplus money ?
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Default/settled account clear up
I have been checking mine and my partners credit files and wondered if anyone can assist. I went bankrupt in june 2010 so i assume my files will drop of the system in 2016, is that correct? If so i have files on my credit report that are good credit as they were settled with no late payments from 1997 does anyone know why…
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HMRC and Bankruptcy
Hello All, This is my first post here and I wish it were on a happier note. In summary I have been wrangling with HMRC over a number of years due to income tax debt which I owed when my business went bust. I've managed to reduce the debt I owe from about £45k to £7k currently. I have no way currently of paying this last…
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Bankruptcy.
Hello Everyone, Is there anyone here who have gone bankrupt in the last 6 months who can tell me what actually happens after your court day. Is it that bad with spare money ? does the OR do take all my surplus money? how did i pay him each month what he is asking for? At the moment i am living with my parents and i only…
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official discharge certificate
My job has just finished and I've just claimed JSA, so I was going to take advantage of the fact and get the official discharge certificate from the courts and claim exemption from the £65 fees. I've downloaded the forms, however, I'm not entirely clean on the exact process. If I'm claiming exemption, do I have to apply…
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Debt Restructuring?
Hi, I am new to this forum and am after some advise. i have today spoken to someone from harrington brook whi have given me some 'advice' but im concerned. They have said that an IVA doesnt suit my needs which is fine but have said that they will put me on a debt 'plan' where they will ask my creditors to freeze interest…
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B10 Bankruptcy notice - incorrect
I was hoping someone may be able to help me. I received a B10 Bankruptcy notice from the land registry. The notice relates to a court case in another county. Now I phoned the court up as I have never had any notifications that I owe any money and they instructed me to phone the creditor direct as the details they had did…
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Credit card refused due to association
Hello My husband has now been discharged for 18 months and is working on building up his rating. My own rating is very good, and needed to apply for a new balance transfer card but this has been refused (MBNA) due to my association with my husband. :mad: Can I do anything about this? We have a joint mortgage so won't be…
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Eeeeeek BR day is nearly here
OK, deep breaths, tomorrow is the day when DH and I toddle off to Court to do the deed. Like others on here, I am worrying that I will have completed paperwork incorrectly or Judge will look at our forms and say you've brought it all on yourselves, be off with you, foolish people :( We first thought of going BR just before…
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house repossessed and bankruptcy
Just want to make sure before I do anything daft My house was repossessed, it was sold and made a loss of £10000 There was a loan secured on the property for £33000 There are other debts amounting to £50000 in unsecured. My IVA has been failed and I have a hearing date for Voluntary Bankruptcy The creditors are asking for…
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House, bankrupcy and IVA
I'm really sorry but I have another question I moved out of the house I shared with my ex husband a few years ago. I can't get my name off the mortgage as he has an IVA and can't buy me out and I can't afford anymore solicitors fees. I'm considering going bankrupt (99% certain), can anybody tell me what will happen in…
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can the OR take my car
i had to buy a new car well my mum did because my old one was a wreck and had to be scrapped. she bought us an S reg 7 seater mpv chrysler voyager she paid £920 for it. we needed that size vehicle for the kids it wasnt down to being flashy. we cant tell my mum that we want to go bankrupt but if the OR takes the car she…
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SOA Questions
Hi I'm trying to get my head around the whole bankrupcy thing and have a couple of questions. * When talking about debt repayments do they (you guys, cccs, the court etc) want to know about the contractual payment or what I am actually paying? For example I have a loan with an outstanding balance of £11,000 but it has been…
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Discharged! A few questions on credit file clean up
No longer relevant.
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CCJ's and bankruptcy
Hello Please can some one give me some info/advice on CCJ's and bankruptcy? I was half way through repaying a CCJ when I declared myself bankrupt. I was told (via a professional advice line) that this would be 'wiped off' when i went bankrupt. How do I do this? Or, Will i now be classed as being bankrupt and also having a…
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File for Bankrupcy or Not?
To keep my story simple, i’m just gonna get straight to the point. My husband has got us into debt, because he is an addicted gambler. A few years back he was given a £25,000 secured loan . Of course I did not know of this until it was too late.. and to make it worst, my husband also increased our mortgage (again without…
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Bankrupt ! bad as it sounds?
Hello Everyone, I am very new to this, i will have to declare myself bankrupt in a couple of weeks as i lost my job and i have fallen behind in payments. My creditors to be honest do not really care that i need help as i cant pay my monthly payments. Is it as scary as it seems?, With IPA 's & IPO do they actually take…
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Gift Aid
Hello all After MUCH scrimping and saving of coppers in a large jar, i have saved up £10 that i would like to give to a relative's charity as sponsorsip for him running the London marathon shortly. My question is - can i also tick the box for 'Gift Aid' on the online form? I ask as i have just finished paying nil-tax for…
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Does a CCJ affect existing mortgage, loans and credit cards?
Hopefully someone might be able to give me an answer to this, have looked on the internet and couldn't find a direct answer, thanks! It's a possibility that I might get a CCJ soon, I've never had any bad credit before. I have a mortgage that has always been up to date and have held that mortgage for about 7 years, plus a…
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purchase of "old banger" during br
this forum continues to be an invaluable resource for those going through br (and pre and post br too), however couldnt find much info on this issue: i also know as a person currently br (Aug 2010) that i need to declare any property/assets aquired during br. would i need/be expected to inform the or of the…
