Bankruptcy & living with it

September 2021: We have started a new thread as the previous thread was becoming quite long. If you’re struggling with debt and have a question around bankruptcy, this thread is here to help. There are many trained advisors from the debt charity StepChange here on our Forum ready to answer your questions. They’re…

Updated 21/05/2023 by Sourcrates Post #1 - Credit Reference File Clean-up post bankruptcy. Post #2 - Letter to former lenders post bankruptcy. Post #3 - How to raise a complaint with the Information Commissioner. Post #4 - List of Data Controllers. CREDIT REFERENCE FILE CLEAN UP – POST BANKRUPTCY There seems to be a lot of…

Useful Forum threads from this board: * Ask a StepChange (formerly CCCS) counsellor a bankruptcy question * This board is for help not judgement If there are any other threads you’ve found to be particularly helpful on this board, do let me know. Related content from MoneySavingExpert.com: * Debt management solutions *…

Updated 21/05/2023 by Sourcrates Post #1 - Credit Reference File Clean-up post bankruptcy. Post #2 - Letter to former lenders post bankruptcy. Post #3 - How to raise a complaint with the Information Commissioner. Post #4 - List of Data Controllers. CREDIT REFERENCE FILE CLEAN UP – POST BANKRUPTCY There seems to be a lot of…

I have a 50% beneficial interest in a home and I have a RICS valuation which puts the house in negative equity due to condition, the Zoopla site has it worth much higher but obviously isn't aware of condition. The high Zoopla valuation is making the OR believe the house is worth a lot more than it is. What recourse is…

Good afternoon all I am wondering if people can give me some up to date info on process post bankruptcy order because the unknown wait is causing me not to sleep, I am already medicated for severe anxiety so you can imagine the not knowing is affecting me. I applied for bankruptcy on the 20th October, I got the Bankruptcy…

Heya, Not like this wasn't inevitable. I have just missed an in-person visit from the HMRC - she dropped a letter saying she will come back to discuss how I am going to pay in full. Obviously I can't do this as I need to go bankrupt - was hoping it would be them making me bankrupt or IVA company. It says if I don't pay…

I already banked with Barclays and nationwide using a basic account. After being declared bankrupt on Monday the OR has sent the letters advising release of any funds to me but both banks having contacted the insolvency teams at Barclays and Nationwide have advised that I can continue using my accounts. The only change is…

I’m planning to go bankrupt on 1st December this year. I’m filled with anxiety at the moment and I have a few questions I was hoping to get answers for…. I transfer my partner money as soon as I get paid (I am on daily pay) he pays the rent and bills from his account so what I send him is my half. I never make enough to…

Hi, Im new here and my head is spinning so thought I would come here and ask for some advice. I am considering going bankrupt, please dont judge, due to drop in commission in work, credit shuffling, mental health and a gambling addiction. I am no longer gambling and have seeking help in the mental health issue. But my main…

Hello all I am thinking about going bankrupt and would like some guidance before making a final decision please. 3 adults, 2 children at home. 1 adult (19) is at university, locally and living at home. With regards to her, she does not contribute financially. Can I add her on to our expenditure or will I be forced to take…

I have filled in my form. Do these figures look ok? Worried I’m totally out or have missed something. Household is 1 adult and 2 children ages 14 & 9 both in adult shoes. One child gets DLA does this get included. thanks for any help

Hi, I'm in the early stages of bankruptcy (BO dated a month ago today in fact). I know there are various things I can do to start rebuilding my credit score but my question is: when can I start? Is it worth doing those things now, or will they may no difference until I'm discharged? Thanks in advance if anyone knows the…

Hello I'm well over the 6 year BR rule and still cannot get even a low overdraft. I checked my credit file and it is clear. Don't really need it but it is a good safety net sometimes, but still can't get one. Anyone have any ideas? Thanks

I get paid on 15th UC on 22nd so was planning on paying my rent on the 22nd and then withdrawing the money from my account incase it is frozen/closed. It is a basic account anyway with Barclays. Hoping once OR says no interest they will leave it open. I was then going to submit the application on 22nd/23rd but the issue is…

Hi I filled for Bankruptcy in 2009 and a Notice of Intended Dividends has gone up where - "Creditors who have not proved their debts by 20 April 2026 may be excluded from the benefit of the dividend or any other dividend declared before their debt is proved." I am confused as to what this may mean to me, the bankrupt…

Hi all, been a long time since last posted, again i would like to thank everybody on this forum for their help and advice. so my question is, i went bankrupt on 26th August 2020 recieved a letter from link financial outsourcing saying they had bought one of my debts from the co-op bank which was included in my bankruptcy,…

Hi all, finally having recently been diagnosed with PTSD going back 15 years tours of Iraq screwed with my head. I am getting the help I should have done years ago. PTSD side effect means I cannot budget and I make stupid financial decisions. As off 1530 today I have submitted my bankruptcy application. Haven’t made any…

Hello all, First post ever in a forum! I will be declaring myself bankrupt, main creditors are HMRC for unpaid income tax plus fees and interest. Insolvency Service for an overdrawn DLA and then credit cards and unsecured borrowing. Due to the amount owed, in excess combined £200k, and no income source I am not eligible…

Hi all, went bankrupt in 2017, long story. Now being chased by Intrum for debt from before then….massively exaggerated too. Surely my entry in the Gazette from that year should settle this?

This discussion was created from comments split from: Bankruptcy.

Hi, I am new here and would like some advice. I went bankrupt on 3rd December 2025. According to the insolvency register, I am automatically being discharged from bankruptcy on 3rd December 2026. Up until recently, I thought my bankruptcy was going well. I've only heard from the official receiver once, and that was the…

I am months away from declaring bankruptcy. I have been to two debt advice charities that both suggest that bankruptcy is the most viable option for me. The problem? It costs money to declare bankruptcy and my income doesn't actually cover my outgoing costs. I am unable to borrow any money to cover the cost of declaring…

Hi, I had to declare myself bankrupt way back in 1999. For the pretty low sum of approx £15,000 but at the time it was unmanageable for me to handle this. I took complete responsibility for my debt as it included bank loan and credit card debts which started when I was at uni, it also included a loan for a car which was…