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Been told to go bankrupt by bailiff - dont want to
Briefly so as not to bore, I had my own business for four years and seemed to be bucking the trend of shops closing - very quickly trade stopped and i ceased trading in January. I am now carbooting and ebaying and declaring this - i receive working tax credits + family allowance which totals less than my mortgage. I have…
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Seriously considering BR, advice needed.
Hi everyone, my husband and I are considering becoming bankrupt, we are about to have another baby and the debt repayments are just getting too much. We owe in total about £37,700, most of this is my husbands, about £11000 is mine, we have no joint debts. Im currently not working but my husband works full time, I have been…
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Bankruptcy or not???
Hi a newbie here.. and im at my wits end.. me and partner had our house repossessed by the halifax in April this year(still waiting for it to be sold) and had a secured loan on the property with welcome finance. ive been in touch with payplan and they have advised me to wait until the house is sold before deciding what to…
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Dvsl
I have had two letters from DVSL asking me confirm I am the person they are looking for. I read lots of posts saying how unethical this company is. I was made BR last year so cannot have any outstanding debts to pay and am tempted to contact them to tell them that but am worried that if I contact them in any way I will…
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Tax code tanking...
So as I've posted before noticed my tax code was wrong and eventually got through to HMRC to let them know. No problem the guy says we've adjusted it and will start taking normal tax monthly. How will the shortfall be addressed? says I. What we do is we sort it out at the end of this tax year or next. Seems like a strange…
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Can I go bankrupt?
Hi All I was wondering if anyone can help me? I lived in Jersey for 3 years and took out a loan. I became extremely ill and moved back to the UK but because of my illness I am now unable to work full time and so I am unable to pay the loan back. I was hoping to go bankrupt but Jersey does not accept a person going bankrupt…
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Ex going bankrupt, but mortgage In joint names
Hi, this is my first post so please be gentle ! My ex is in debt and wants to go bankrupt. But the mortgage is still in joint names. A few basics, we were never married but have two children aged 3 and 5, I sold my previous house and used all the money in this house ( in 2006 ) by paying £12,000 deposit and obtaining a…
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Got CCJ for debt that was included in bankrupcy??
Just did a credit score on myself and its showing a CCJ for 2008. I wasdeclared bankrupt in 2007 and have absolutelyno debts since.\ it doesnt say what the CCJ was for only the amount which was £368, so it must be a debt that should have been included in my bankrupcy. Help what do i do! the bankrupcy is due to fall off my…
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Keeping a car worth £2k and going bankrupt? £2,800 is still owed on the car...
(Cut and paste from another similar thread on here so I have made my own as to not offend and confuse!) Hi, I owe £27,000 and am on a Debt Management Plan (DMP) with CCCS. I pay them £127 a month and have a debt free fate of 2030, yes... 2030 :mad: I have a 2004 Ford Fiesta and still owed £2,800 to Northern Rock for their…
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? re credit clean up post bankruptcy
Just trying to sort through credit clean up and a couple of questions to ask if anyone can help On my Experian report some companies state balance as satisfied but state on debt management programme - which we were pre bankruptcy - does this matter? Will it automatically disappear in six years or do I need to get them to…
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Pets
I've put down the cost of keeping my pets on my forms, I've yet to have my OR call so I have had no feedback wrt my forms. But I've just read on another thread that another poster said they've been told dog food isn't allowed. So what is the general allowance for pets? Or not? I'm worried as my autistic dd will be very…
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mortgage after bankruptcy
My husband and i were both declared bankrupt in may 2010 we were discharged in 2011. Recently my inlaws passed away leaving us with a sum of £20000 thatwe could use for a deposi on a housebut we are wondering who to approach about getting a mortgage can anyone advise please.
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Questions on a Car
I need a car to get to work (work is some distance away and I work shifts and there is very limited public transport) so if the OR agrees I may allowed to keep it. It’s worth about £1,900 and the CAB told me that if it’s worth around or less than £2,000 it should be OK. But I then read that you are only allowed a car if…
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Limited Company After Discharge?
Been lurking here for a while - some great info so thanks to all. Couple of questions for you lovely experts out there: 1) My auto disharge will be due in November (although currently under review for potential early discharge). I previously worked as a contractor through my own ltd company (now struck off as there was…
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Nil Tax Code
My wife and I are planning Bankruptcy (having received advice from the CAB). We are currently saving up the two sets of fees. Both our employers have told us out hours are likely to be cut back (and this may give us a remission on the court fees). And it is possible that my wife may lose her job (she is not entitled to any…
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Current Allowances
Does anyone have the current allowances for BR IPA calculation? Thanks
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Slowly moving towards repossession
I delcared BR in December. We've made only one mortgage paytment since - this wasn't even the full amount. Halifax look like they're starting the repossesion routine as we have a chap from Ascent (Halifax's contractor) coming round on Monday to discuss the situation (they've made it clear they're not collecting payments…
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Credit rebuild post br - dormant bank account
Hi people I was discharged from br a couple months ago and am now in the process of rebuilding. On my equifax report I have a Barclays Basic bank account which has been dormant since feb 2008 (I never did anything with it). I use the Co Op for my post br accounting, but I was considering writing to Barclays to see if I…
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Forthcoming BR / unclear about property.
I've finally bitten the bullet after a decade of serious debt problems, which have tipped over into a disaster since redundancy more than a year ago. I am optimistic about returning to work fairly soon now (a long way through one recruitment process), and I have my BR hearing the week after next. However, I am still really…
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changing jobs
afternoon everyone ,my husband went br a few weeks ago he then found a job which is on a monthly contract for the minimum wage.he has now been offered a permanent partime (25hours a week) job for the same money and closer to home would the OR have any objection to him taking up this position.:)
