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Advice needed please
Hi I am new to the forums but I have reached a point where I'm in need of advice before my debt problems get even worse. I am married and have 3 children myself and my husband were employed but due to a mental breakdown he has been off of work for the past 3 months receiving only SSP he has just resigned due to his mental…
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Overdrawn after Bankruptcy (and credit file)
Hey everyone, i have a couple of queries that are causing me some worry and was hoping someone could help. A bit of background; i was made bankrupt on 30th December 2016. I had accounts with: Lloyds (Current and Loan) Loan was 10k Halifax (Current, Loan and Credit card) Loan was 5k Tesco (Credit card and Loan) Loan was 15k…
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Bankruptcy and Benefits
How does bankruptcy affect state benefits? i.e. income related ESA and DLA. Are both of these included when calculating disposable income or is DLA disregarded as it is intended to pay for care/mobility needs?
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Credit file help
Wondered if anyone could help I was BR in April 2013 and discharged April 2014 and finished my IPA September 2016 I wrote to all creditors to update credit file as per the link I. This forum and all was fine, I've had 2 credit cards and 2 catalogues accepted since and use these wisely and pay them off every month or over a…
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Bankruptcy and Disability
Hi Everyone Newbie here and hoping someone may be able to help me with my enquiry. I sadly was involved in a car accident last year that has left me with a spinal disability and unable to work. I went from a £30K job to no income literally in the course of 6 months and as a result have been unable to afford to pay my loan…
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In an IVA for Parents & Ex's debt
Hi I was hoping for some advice. Back in about 2007, I took a loan out for my now ex in my name. We split up a year later, and since then she made no attempt to cover the loan. The loan was for approx £6500 At the same time, my parents business whom I worked for at the time hit bad times and I paid bills on my credit cards…
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Newlyn threatening me with bankruptcy
Hi there, I have an outstanding council tax bill for £250. A liability order was issued and I made clear in the surrounding paperwork that I was on benefits. I expected an attachment of benefits and that's what my money advisor thought too. The debt was passed on to Newlyn who have been horrible, telling me I should be…
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Bankruptcy pending utility bills
Will be declared bankrupt soon and not sure what to do about my utility bills and will i still be allowed to still pay monthly as I'm doing now if not then I have a very good friend who's happy to help and transfer gas electric internet and water to there name. Will this be an issue
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Bankruptcy Trustee Help
Hello, I was forced into compulsory bankruptcy by my creditors when my business failed last year. After the bankruptcy hearing, I attended an interview with the Official Receiver as requested and the Official Receiver said they were satisfied that the reason for my bankruptcy was due to the failure of my business and the…
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Are there IFA's who specialise
Is there such a thing as an IFA who might be particularly up to speed with bankruptcy claims to give good advice ? If so, how would you seek them out? Thanks
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Moving abroad whilst bankrupt - new rules
Evening everyone I'm an undischarged bankrupt and I am wondering how the new rules which came in last year affect me if I was to move abroad? I am planning on moving to Portugal as have friends out there and can easily find a job since I speak the language. I know the rules changed last April (?) meaning you can't go…
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Bankruptcy Petition
Just arrived home to a letter from a company that tried to issue a bankruptcy petition and going to try again next week. How long will it take for the bankruptcy to complete as its been dragging on for months
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Idiots guide to bankruptcy
A friend has approx. £30,000 in debt. He has a job about £16K salary, Wondering is bankruptcy an option? Is it easy to get bankruptcy? I read on .gov that it costs about £680, and takes a year, and through that year you are expected to continue to make your payments. Can I have an idiots guide to bankruptcy, pros and cons,…
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Bankruptcy and deed of acknowledgement
Hi All, I'm hoping someone can advise me please as I'm sick with worry and coming up with contradictory info. Northern Rock mortgage - keys handed back 2007/8 They sold the house at auction with shortfall 2009 I received letter with shortfall in 2012 and went bankrupt shortly after. The mortgage debt was the only item…
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Pesky Final Charging Order
Hi, Background: 1. Settling finances in divorce and trying to decide a way forward with the jointly owned FMH 2. Ex went bankrupt some time ago and I have a deed of assignment from the trustee for the beneficial interest subject to a FCO which was registered as a restriction and predates the bankruptcy. 3. Ex agrees to…
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Bankruptcy terminology
Hi, On applying for a basic bank account for my husband whose bankruptcy ended last September (i.e., the B.Order was 18 months ago) it said "are you a bankrupt?" Now does "a bankrupt" mean an undischarged bankrupt, a dishcharged bankrupt, or it still shows you were bankrupt on your credit file? Not sure what to put!! ;)
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Be aware of business' trying to get you to claim PPI as a discharged bankrupt
Hi all, I do not usually post on sites such as this but I wanted to bring to peoples attention of a letter I received regarding my bankruptcy and PPI claims. The letter is misleading :mad: although it doesn't give any info of you actually receiving money but certainly makes no point of the glaring fact that whether…
