Bankruptcy & living with it

Archives for July 2015

Rebuilding credit post discharge with credit card
Just thought I would share this as it may help people in a similar situation: I was discharged from BR just over a month ago and want to start rebuilding my credit rating straight away. I applied for a Capital One credit card but was turned down, which is probably down to the fact that I haven't begun clearing up my credit…
mortgage after bankruptcy
i just want to tell my story to give everyone a bit of hope. me and the wife declared bankrupt late 2009. voluntary repo of house that was in negative equity at the same time. here we are nearly 5 years discharged ,we have not put a foot wrong since the day of br and have worked at clearing up the credit files. . always…
creditors bankruptcy petition
I don't know where to start. I am roughly 44k in debt to credit card companies and loans to my old bank who i still have my mortgage with and a loan to tesco bank. i have set up a payment plan through stepchange and are paying a monthly fee to all the creditors that has been running for the last 4 months however 1st credit…
Will bankruptcy write of tax credit overpayment already being recovered
I have my appointment booked for a fortnights time to go BR however i just have one query regarding my tax credit overpayment. Long winded so will cut it down a bit. I split with my ex wife in early 2012 and put in a sole claim for tax credits. this was all fine until 2013. I moved out of the property ( repossesed ) and…
bankruptcy
hi i was declared bankrupt in aug 2009 can you please tell me when it is completely off my record there is also a couple of defaults that were still on there when do they comme off ?? thanks
Credit card confusion
Good evening folks, Yet another query I am hoping you can help me with. Many thanks for your help with my previous questions so far. I have a credit card with a small limit of £150 and the plan was to use it for a small purchase every month such as petrol and pay off in full to show responsible borrowing. I hardly use it…
IVA final payment, now what?
Hi My final IVA payment has just gone out the account.:rotfl::rotfl::rotfl: So now the wait for the completion certificate begins and I will never through any fault of my own get into that position again. My querey is do I look at my credit files now or wait until completion certificate is received? I really want to wrap…
Arch hall and ppi
Hi just a quick one I'm an ex bankrupt for nearly 7years,in fact just got a mortgage,which is fantastic! Anyway had a call from a company called Arch Hall telling me I can claim ppi even though as I said I'm an ex bankrupt,I've gone for it (can cancel within 14 days) because even though I think it's pointless as I'm sure…
Pre bankruptcy CCJ still showing as active on credit reports
Hi, I'm trying to clean up my credit file after my bankruptcy discharge in Sep 2013. I got the 3 CRAs to update the status of the bankruptcy to show that it was discharged along with the date (it was also showing as still active until I had it corrected) - just had to send them a copy of the discharge letter obtained from…
CCJ After Bankruptcy
Hello Just wondering, went BR over 2 years ago and prior to going BR i had a CCJ. What happens to the CCJ, does it still stay on my credit file for 6 years or do i need to contact the courts in Northampton to have it removed as the debt was covered in the BR.
Occupation Rent
Can anyone help with this? I'm living in the matrimonial home after my partner left (we are now divorced). I've been paying the mortgage (interest only) for the past 3 years. He declared himself bankrupt so the trustees now want 50% of the equity. They say that I am not able to claim any of the mortgage payments I have…
bankruptcy and student loan.
Currently going through bankruptcy and still paying the above,is their any way I can get this payment reduced? its 9% of any thing above the threshold.Also asked on redundancy forum but got no feedback,anyone know if I take voluntary redundancy will I get 9% took off my lump sum? or is there anyway round it? e.g paid by…
Ex is bankrupt, confused & scared
Hi Sorry in advance for a rambling post. I've recently got divorced but my ex entered bankruptcy before the decree came through. The trustees are now after their 50% of the equity but I am in a poor financial position (as my ex gambled and built up £40k debts that I partially took on in a joint loan when we were still…
has wife any claim on pension after bancrupsy pre 2000
Trying to sort out pension, went bankrupt in 1994 now i have built up funds in pension, can official receiver take it all, and does wife have any rights,
Selling car ahead of BR and using those funds
I'll be declaring myself BR in the next few weeks and I have just sold my car for £4,200 in order to be able to afford the court fees. I believe that I'm able to use some of the remaining funds to cover living expenses but there are some things I would like to spend some of the money on prior to BR, and would like to know…
Vodafone-failed credit check
I'm hoping someone here can help. Almost four years after declaring bankruptcy I have just been turned down for a mobile phone contract with Vodafone. I am coming to the end of a 24 month contract with T-mobile and Vodafone were offering a better deal. As I had taken out my current contract after bankruptcy it never…
Mortgage: Voluntary repossession after BR?
Hi, here is a brief timeline of events: June 2010: I split from my ex, move out of the house where we have a joint mortgage with no equity and declare myself BR. The mortgage is declared on the BR forms and is with Paratus. May 2011: She declares herself BR, continues to live in the house and keep up the mortgage payments…
HELP!! Joint mortgage, Ex getting IVA/bankrupt
Hi all, I have a joint mortgage with an ex wife, she's now getting an IVA, and she has agreed over email to sign the house over to me in a "equity transfer". This can't be done for a few months as she missed some payments causing the account to go into arrears. I've now got control of the house and am making regular…
To IVA or not...
Hi, I've been looking into an IVA, but am now thinking it's not a good idea. It's going to affect too much. I'm not going to be able to remortgage etc and it will affect my Wife's credit rating which currently is good. All in all we have around £30k i debts, a larger % of these due to me not being able to work for a period…
mortgage after bankruptcy?
I've got a five year plan to buy a house. I'm going to be re-training in a year, so will be able to get reasonably well paid job. Heres my question: Is it possible to get a mortgage after you have been made b/r? It will be after the 6 years and my credit file will be repaired as much as possible. What % of deposit will I…

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Bankruptcy & living with it

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