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Getting nervous now!
Well I’m almost ready to press submit, will be on Monday. Tomorrow all my loan payments will be unpaid. I have already missed this months payment to Very and Next. I am using this money to pay the bankruptcy fee. Very have already sent me 4 reminder texts/emails since it was missed on Monday. I know this is the right…
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DRO and beneficial interest
Good morning, I was hoping for a little bit of advice. I will try to keep it short. I’m a sole trader and due to Coronavirus I now have very little income and I don’t see this changing anytime soon. I have explored all government options and possible benefits and the only option to me would be a loan. I have around £19000…
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SOA/BR form question!
Hi all Got another question to ask before pressing the button! I did a SOA then tweaked it a little for the actual BR form but the figures I put in still result in a minus of £145 approx per month between my incoming/outgoing totals. Probably a real daft question but should I do it so that they tally i.e. no deficit but…
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OR interview - current waiting time?
Hi everyone For those who have recently gone BR how long did it take before submitting your application and getting the OR interview date? I am going to submit my form today (once I pluck up enough courage!) and wanted to know current waiting times for the actual big interview. I know that the email usually comes…
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Can you advise on my SOA
I'm considering bankruptcy after years of financial problems. I've attached my SOA and wonder if anyone can give me advise if it looks reasonable? I haven't included my debts as there are too many to list but they add up to approx £42K of unsecured loans, credit cards etc. I rent privately with my 2 children aged 14 and…
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I need help. Bankruptcy discharged mortgage 2nd job”
Hi all. Where can I start. I’m new to this. I’ve got couple of questions. “Bankruptcy discharged mortgage 2nd job” I was made bankrupted on the 4 July 2018 By the HMRC due to a 70k debt which didn’t include other debts. I haven’t got any confirmation that I’ll be discharged from bankruptcy. Here’s the time line * declared…
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Discharged Bankruptcy - Satisfied CCJs?
Hi, Following on from seven years of battling with debt incurred during a highly toxic relationship and barely treading water, I declared myself bankrupt last year and have recently been discharged. My circumstances are vastly different now and the instability leading to the debt / lack of income are long behind me. I've…
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Moved: Financial marker
This discussion has been moved.
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Family member has to pay back given to her
Hi I hope someone can help me I have gone bankrupt due to ill health i gave my daughter 15800 7 months before I went bankrupt will the agent give her time to pay it back
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Bankruptcy while furloughed, SOA Q
Hi I posted here in Feb and decided bankruptcy was the best route for me. If I push the button this week do I complete the SOA with my furloughed income and outgoings or my usual? Obviously my furloughed ones probably paint a rosier picture as no school costs/entertainment lower petrol bill etc Any advice appreciated
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Help - Owed a lot of money from someone in the EU
Hi, apologies if I'm posting this in the wrong area. I'm writing on behalf of my boyfriend. He did some design work for a person 10 years ago and she still owes him just over €5000. He was living in Spain at the time and she is in Ireland. He is now in London (as am I). They have had lots of correspondence over the years…
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Advice
Can anyone pls help/suggest: My husband was declared bankrupt in 2010 due to a single unsettled debt. Following, a trustee was appointed. In 2011 my husband was discharged from the bankruptcy. We both had jointly owned properties. The trustee has taken possession of all the properties and recovered the funds. We have lost…
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BR experience
I wanted to come on here to share a few things from my own personal bankruptcy journey, in the hope it will help many others out there now and for years to come as this forum did to help me. I went bankrupt in March of this year and now 2 months on, hand on my heart I can truly say it was the best thing I could ever have…
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Reasonable expenses during lockdown
I was declared bankrupt at the end of January due to an imminent and large reduction in income beginning in February. In my interview with the official receiver it was decided that because of the inconsistent nature of my income (I’m freelance so monthly totals vary a fair bit) that I’d provide details after 3-6 months as…
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Please help !
I've been struggling financially for a long time - credit cards, overdraft, payday loans ...everything. I've considered bankruptcy several times but never had to guts to sort it out. However, the situation has come to a head with the current economic climate and i feel that i really need to sort everything out as unopened…
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Advice required
Hi all could be a long one so apologies! Me and my wife (we have a 9 year old son)seperated last March when I found out she had massive gambling debts of over £115k I moved out of the home we own (mortgaged with NatWest and a secured loan with Precise) and rented for 6 months, after literally a month (she didnt even tell…
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Need advice
Finally admitting I can no longer service my debts. Feel so worried. Just really looking for peoples thoughts and advice. I currently owe £45k (nothing to show for it but bad money management, living costs, easy access to credit and some stupid gambling debts) I am fully up to date with all payments apart from one. I am a…
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Charging order
Not sure if this is in the right thread but I'm looking for some legal advice. Long story so I'll try to condense it. Before I split from my ex I bought a house cash and put it in his name due to abusive cohesive relationship. After we separated I managed to get charge on it saying not to be sold without me agreeing. It's…
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IVA - Ive been asked to lie!
Hi there Can anyone offer assistance please? I am currently furloughed on the JRS and will receive 80% of my salary. Prospects in my industry are not great and I fully expect that redundancy is my most likely outcome, however I cannot predict the future! I was already struggling massively with debt and had missed payments…
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Preferential payment
Evening people how does the official receiver get preferential payments back and how long does it normally take for them to sort it been bankrupt 8 weeks now and heard nothing stay safe