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Working for a Bankrupt client
Hi I have been approached by someone who wants me to do some work for them. I got worried when he got very panicky about his name and phone number being visible on a website so I Googled him and discovered he has been declared bankrupt and banned from being a Company Director for 7 years. Am I OK to keep working for him…
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Unbelievable!!
OR (actually and Independent Practitioner) has just asked me to send a payment via cheque! Doesn't even know that we are not allowed a cheque book! This from someone who says they are an "expert"
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Early discharge query
several weeks ago i was told by OR that my early discharge was going through and they just had to wait for certificate to come back from the court, they had untill a certain date for it to come through before they chased the court up. I have heard no more about it and I know that they are very busy etc but just wonder if…
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Just been accepted by Vanquis for clean up
:D The APR is ridiculous but I ve set up DD to pay off full amount each month and so the clean up begins! Am I right in thinking that I must have cleaned up my file sufficiently now?BR 09/09 ED 07/10 I am going to send off for new paper copies of credit file since I have been accepted for this, but just wondered if the…
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Any ex BR's on here.....
Hi, I am 3.5 years into BR, declared in Aug/Sept 07. I'd be interested in knowing how things have been for other people at a similar timescale and also further ahead. How do thimngs change after the elusive 6 years? So far for us things have been quite tough, losing the house and the stigma still attached to BR has proved…
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Discharged BR Credit File
Hi, Just checking the fine bits of my credit file and have seen on my BR it is not showing discharged etc. The message displays this:- Name: MR My Name Address: Address Removed Information type: Bankruptcy Order Date: 30/04/2009 Court: LINCOLN COUNTY COURT Case number: 20080000739 Information Source: Insolvency Service…
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When is the best time to open basic bank account when thinking of going Bankrupt?
Hi All Can any one tell me when is the best time to open a basic bank account when you're looking to go bankrupt?. Is it best to do it before you declare yourself bankrupt or afterwards?. I'm asking this on behalf of a relative. Thanks for any information and answers in advance.
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What to do next?
Hi, I recently had a house repossessed and have been waiting for it to sell. It has now sold for £90,000 and we originally bought it for £115,000, leaving a deficit of £39,000 including interest and charges from the repossession. I now don't know what to do. I can't stand the thought of this debt hanging around my neck.…
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in a pickle...
i am 25 yrs old.. i had alot of credit when i was in my younger teens which i never paid back i have several defaults ccj's etc etc i want to start paying these debts off and clearing the slate ... what is the best solution ... :o
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My SOA - does it look ok?
Hi I have made an appointment to go BR in a couple of weeks and I am just starting to get everything in order. Could any of you experts advise if my SOA looks ok? A couple of points -* My partner earns 51% of the total household income so I have put his contribution as 51% of the total household bills * Gas and electric…
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Whats the best way to sort this one out?
We both work full time, husband made redundant twice in 18 months - have always worked full time. Have (because of not being able to sell our ex-local authority) not enough equity, got card debt of £24,000 plus 20,000 unsecured loan Northern Rock and a Together Mortgage of (133,000) £20,000 of which is unsecured. We have…
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Daughters car & bankruptcy
My daughter is considering bankruptcy. Debts about £17k. She has a car which she needs to get to work and is now pregnant. Her only asset is a car value approx £4500-£5000. I took out a loan so she could buy the car but the invoice is in her name. Will they takle the car if she goes down the bankruptcy route. She has no…
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BR and renting
hi i have been made BR recently but unfortunately it seems to have taken its toll on my marriage, my questions are do you think i would be able to rent through a property company or would i need a guarentoor or would even that not be enough could i try private renting or would they do a credit check and i have the same…
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Charge on house
Hi Need some advice, my husband has a charge on his former matrimonial home. How long does the OR retain his interest in that charge which has been registered at land registry. I thought if the assets could not be realised before discharge then the OR interest in relinquished and he has no further interest. Can anyone tell…
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car finance
hi all just a quick quesion i am thinking of going br the problem is i have got finance on a car for my son who couldnt get any because he didnt have any history but he needed it for work what would happen if i were to go br .
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Rent
Can the OR complain about the amount of rent you pay? I live in a resonably nice 2 bedroom apartment that cost £650 a month and I have a take home pay of 2k. There is cheeper flats in the area, is there any chance they could force me to find something cheaper? Steve
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Keeping Cars after Bankrupt
Me and my soon to be ex wife are facing going bankrupt over approx 70k of debts. We both have cars on finance, is there any likelihood they will allow us both to keep a car? My wife works as a nurse and lives 20 miles away from work, public transport is not an option due to the hours she works and also needs it for getting…
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Where can a former bankrupt person get a bank account?
Where can a former bankrupt person get a bank account? I have a friend who was made bankrupt over 10 years ago. Unfortunately, since then, she has been unable to find a bank where she can bank conventionally. Up till now she has only been able to open an account for deposits... BUT no payments. Does anybody know of a…
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Is there a minimum limit to go Bankrupt?
Hi All I am after some advice really on behalf of a relative. I was wanting to know if you have to have so much debt before you can declare yourself as bankrupt?. A relative of mine is currently living in a private rented house and is currently unemployed living off Job Seekers Allowance etc. When he was working he took…
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and here we possibly go again!!!!
I went BR oct 2009 discharged june 2010. We knew at some point DH would maybe need to sort his finances out as well, but were trying HARD not to go down the BR route with him, as he isnt a confident person and i didnt want him having to go through the worry of BR, anyway the CC cards have been on 0% so managable, and a…
