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Nemo
Hello there I am after a little bit of advice, I was declared bankrupt in November 2009 and was discharged the year after, all my debts went into the insolvency, and I have moved on dramatically since then. I have been trying to clear my credit file and most of my defaults from 2006 are coming off my credit file within the…
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Improve credit rating post-BR...
Hi All, I was discharged in 2008 and my last IPA payment has been made so I really want to try to repair my credit rating, but don't know where to start. I've checked my credit file and all is ok on there (with the exception of an Eon bill which they were chasing me for even though I wasn't even living at the property -…
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Ipa question
IF when you complete a SOA for consideration of a IPA is the assessment unique to you, how do you declare or prove a spouses income. EG spouse has high income but not BR , BR is on nil income or benefits etc. Do you need to inform the OR if the spouse's income changes ie goes up or down. Can you receive a IPA on some one…
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Made BR in July '11, today had letter from Trustee??
Hi guys, As many of you know I was made BR in July 2011 and have not heard from anyone since. Today I've had a letter from a company called BDO telling me that they're my appointed Trustee in Bankruptcy. They've attached a 44 question questionnaire for me to fill in and another statement of affairs, seems to be similar to…
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Vanquis card repayments
Hi all, Just got a Vanquis card just to help build up my credit rating after BR, and have been looking on various forums online about the best way to pay it off. I assume that the best way is just to spend about £10 per month on the card and then pay it off in full by direct debit/debit card once I get the statement. I…
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Max recovery question
Hello all, good day to all "debt-free Wannabe's" In Feb 2006 I was unfortunate to turn to the courts, and apply for bankruptcy. Debts and job loss forced me to admit defeat. So 22 February 2006, was my day in court, where I had my debts cleared, and I was then placed in the hands of the official receiver. One of my debts,…
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Compromise Agreement
My current employers are in the process of moving jobs abroad. My job is one of them. I haven't been there long enough to qualify for a redundancy payment. They are also offering everyone a retainer type payment for us to stay with the company until a certain time and not leave for another job. This will be in the form of…
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Repossession order and BR timings
I am due to go Br on the 6th of March and my repossession hearing is now scheduled for the 13th of March. I have somewhere else to live as from Wednesday of next week. I want to make sure the mortgage shortfall is included and they can't come after me in a few years time after my Br but as my hearing is after my Br date is…
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Co-op bank questions
Hi I went BR on 31st Jan I set up my cashminder account before hand and have just started to use it I just have a question about the account... I had £400 in there and over the last few days have paid for tv licence,petrol twice, mcdonalds and drawn £10 for a haircut my account is only showing that the cash withdrawal has…
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self or creditor bankrupt?
my friend has two creditors, both banks is it worth stumping up the £700 (?) for diy bankruptcy or waiting for the creditors to do it themselves?
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IVA or DMP
we were on a DMP last year and had to stop as my husband had a heart attack, now back at work. have spoken to CCCS and they recommend iva. Not sure what to do as my husbands health is now risky.
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Impact of new contract job on my BR
I was made BR in November 2011 and was unemployed at the time. My wife has always covered all the bills and owns where we live, so I have no beneficial interest in the property. Last week I started a new contract job for six months. My wife is on maternity leave, receiving only statutory pay and has been using her savings…
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Discharge date question
Hi all I am due for auto discharge on the 5th march. My question is will i still be bankrupt on the 5th or is the 4th my last day of being bankrupt. If i was to go on the insolvency website just before midnight to watch it change which date will i need to stay up on 4th or 5th. Many thanks
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Advice needed re Credit File entry
Hi, I was made BR in Aug 2009 and our overdrawn joint current account fell into default and my wife became responsible for repaying it. The debt was transferred to a debt collector and we came to a full and final settlement agreement (less than 50% of the original debt). This was paid and we also requested that the credit…
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Car insurance curveball...
Got a letter today from some random company saying my application for a loan had been turned down. As I hadn't applied for a loan I first thought it was a scam. Further down it refers to some convoluted trading name of my car insurance company. As it refers to information held by equifax I guess I should start there. I…
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when will the misery end? (or why bother discharging people?)
when does it become imposible to find any record of bankruptcy agaisnt someone? discharged 7 years ago this year (bankrupt in the july discharged december) there is nothing on my credit report so is it still possible to trace the bankruptcy on a credit search? something has come up on a mortgage search against hubby but…
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Insurance and phone provider queries with bankruptcy?
Can anyone tell me what BT and O2 do when you go bankrupt? I phoned O2, who said I had to write in once it was all done and then their specialist team would contact me (not really very helpful!) I am assuming I would have to move to a pay-as-you-go account with O2? I havent got round to phoning BT yet - they supply my…
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car
my friends car is up for mot soon, its a banger and will cost more than its worth to repair so she needs a relacement. she is going to have to be bankrupt soon she drives a long way to work will the car be exempt? what if it is exempt but they class it as `too valuable` what is `too valuable` if getting a hp is possible…
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Cant get a bank account.
O.k I went Bankrupt in may 2007 and still cannot get a bank account. I have tried every bank I can i.e coop etc the ones who are supposed to help ex bankrupts. I have checked my credit files with all the agencies and everything is in order. I honestly don't know what else to try.
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Overpaid PAYE during bankruptcy
From being self employed for 12 years, my business was failing and I had close down. I started work for a new employer on 5th October 2010. As a result of the business failing I was made bankrupt on 26th November 2010. At the end of last year I discovered that I was being taxed on a month 1 basis and had been since my…
