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Partner Income Change?
Hi all I'm more than halfway through my BR year (YAAAAAAAAAAAY!) and my husband has had a small wage increase at work. Do I have to notify the OR of this? It's not a massive amount but I can't remember whether it's just MY income I need to report on or his aswell? Need to dig out the paperwork which is filed away somewhere…
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Obtaining a Mortgage After Bankruptcy
Hi All, This has probably being asked before but I desperately need some advice please. I am about to turn 50 and have never had a mortgage and desperately want to buy my own house, the problem I have is that june 1st 2011 I was declared bankrupt after my business failed. I have made an enquiry with an advisor this week…
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Mortgage after Bankruptcy
Hi all This is my first post on the forum so apologise if my questions gave already been answered but was hoping for some guidance/advice. Unfortunately following a relationship breakup, I was declared bankrupt in April 2010. My ex moved out leaving me to pay the bills and mortgage. The house was finally repossessed by…
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Advice please
Good afternoon all, The wife and I went bankrupt in Dec 2011. We have lived in rented house from a housing association for the past 4 years joint tenancy. We separated about 8 months ago, the tenancy was signed over to me as she moved out and I have the kids full time. Next year I want to buy the house i'm living in…
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Possible BRO and whether to fight it?
Hi all, Received a letter through the post today notifying me that my conduct may warrant a BRO. My debt is due to gambling however the reason that they are investigating me is down to: "Obtaining credit with no reasonable prospect of repayment". At the time of me obtaining credit, I was able to repay the credit without an…
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SOA check please
Hi, would someone mind helping me? I'm considering a DRO and have just done my SOA. I live alone but need to move due to difficult circumstances and have included saving for fees/deposit to move. I also pay privately to see a counsellor and have included that. I also have 3 cats and a dog. Could someone review my SOA…
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income & expenciture HELP
HI This is my current statement of Income & expenditure does anyone see any problems with it MONTHLY EXPENDITURE Entertainment Eating/drinks out 0 Other entertainment (eg cinema) 0 Newspaper/magazine/other subscriptions 0 Holidays/weekends away 0 Hobbies 0 Music/books/films 0 Cigarettes 0 Tv Licence 16 Gym/fitness…
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how long does it take for bankruptcy to be on your credit file ?
still a newbie however was wondering if anyone could tell me how long it takes for my name to go in the gazette as bankrupt and when it will show on my credit files ????? any advice would be greatly appreciated
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NT Tax code issues
Hi all, I went bankrupt mid-January and on my first interview with the OR at the end of January. I asked about the NT situation and he said that as it this close to the end of the tax year that my tax code may not even change and/or they may not claim the tax back from me as it would only be for 2 or 3 months max. I…
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Income Change?
Hi All, Advice please. :-) I went bankrupt July last year with no IVA or restrictions order. I have an offer of temporary work which starts exactly two weeks before auto discharge. The chances are I won't see any money until after discharge though it is just possible the first payment will come through to my account…
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basic bank account question
I am pretty sure i will be submitting my forms for BR pretty soon what do I do in terms of my bank account. I've already opened a basic bank account and switched all my direct debits and things in to this as i was behind on my overdraft in my current account. The main income i have is from ESA, tax credits and my…
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BR forms complete, couple of questions
HI All, yesterday i completed my BR forms, just waiting for pay (bonus) day to pay the fee but i have a couple of questions i currently own my home but have no equity in in and a secured loan, i have an application in on a property to rent so i can give everything up, what will the OR think to this? is it acceptable to…
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So close but so far....6 years nearly up and I failed ☹️
So in august this year the br is removed from from my file, I should be wallowing in glory at surviving an awful 6 years, br followed very unpleasant divorce and was unavoidable due to ex's actions. Instead I am self negotiating with credit card companies and payday loan companies to reduce the monthly payments as I'm now…
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What happens after the OR interview?
I have been trying to find information about what happens after the OR interview (telephone or face-to-face) but could not find any useful info. So I have had the BR approved last Friday, had a call from the insolvency service and now have my record on their online system. Just now waiting for contact from the OR. After…
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Ppi
Hello I have read on previous posts that PPI compensation claims after BR are the property of the O/R However, have the rules changed? Why I ask is that I have just recd an un-solicited letter from a company called Mcginness Associates, Accountants & Business Advisors. The first paragraph of the letter states (I quote…
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Car Insurance Renewal during BR year
Hi all Long time no speak.. hope all' well. So my Car Insurance is due for renewal in a few months, I am halfway through my BR year. My usual payments would mean the policy is around £500 a year which I know is the threshold for declaring. I usually pay in monthly instalments and wouldn't be able to pay the whole premium…
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Bank Account
I've just received my letter stating that the BR has been accepted. In it, it says that my account will be frozen, if that is so, what happens to my direct debits for rent, utilities etc?
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Br application submitted
So late Friday night I eventually did what I've been putting off for a while I submitted my br application and haven't heard anything back yet when I log in to my application it just says being considered anybody have any idea when I might hear something back I'm soon scared it's unreal
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payday loans and bankruptcy
hi all i am considering going bankrupt - i am currently doing a dmp but this is due to run for another 25 years i have given up work because I have had a long battle with depression and now care for my disabled child. With this in mind i have no idea when i am going to return to the workforce again and bankruptcy seems…
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Post BR and credit cards
Hi all, I have been discharged over 6 years. A few years ago I opened up a Vanquis card on the basis of trying to get my credit score healthier and using for small emergencies only. I have always paid this off. I checked my noodle credit scoring and this was showing a very good score and no mentions of BR. I thought it was…
