-
Ask a StepChange debt advisor a bankruptcy question
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…
-
Credit Reference File Clean Up - Post Bankruptcy
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…
-
Bankruptcy & Living With It Sticky
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 *…
-
Credit Reference File Clean Up Post Bankruptcy
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…
-
Declared Bankrupt December 2016, discharged 2017, just bought a house :)
Hi everyone, not hear to brag but wanted to share with you all that i just got a mortgage, with a 20% deposit, just over 2 years after being discharged :) Hopefully in these crazy times people will find some comfort in the fact that it is definitely possible, and bankruptcy isnt the end of the world!
-
6 Years Later.
Hello. Just thought I'd pop on and say as of today my Bankruptcy order is off my credit history. Time has flown by and I am now in a much better financial position than I was 6 years ago. The help I received from this group has been absolutely fantastic and was a godsend. So for anyone about to declare bankruptcy, do your…
-
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…
-
12 years post BR
Hello, 12 years ago today I went to the Royal Courts of Justice to file my bankruptcy. I used to be a frequent poster here in the Bankruptcy and Living with it forum but I don't come in here often now. The current situation we are all in with Corona virus reminded me that I was so thankful for the financial crash of 2008…
-
Off the List
Over a year ago, I joined the forum to help guide me through what to do; from completing my income /outgoings form to advise of what and when to do things and of course the much anticipated /dreaded phone call when it came to pushing the 'send' button to declare bankruptcy. Now a year later, my name is off the individual…
-
Thank You
I am only couple of days away from being released of 12 months BR and I just wanted to say a big thank you to all. This forum has been enormous help, some people in this community are far more knowledgeable than some "professionals" I have talked to on some dept advise organisation. Before I discovered this forum I had…
-
The bankruptcy experience
I went bankrupt early last year so am now free of it. I was going to post something before but Covid hit and I was worried I might be bankrupt again soon! However, thankfully that has not happened. I read this forum regularly and found it helpful. I was also mindful of how much people struggle with some even thinking of…
-
17 Years Post BR
Hello, 17 years ago today I went to the Royal Courts of Justice to file my bankruptcy. I used to be a frequent poster here in the Bankruptcy and Living with it forum but I don't come in here often now. At the time I was so thankful for the financial crash of 2008 as without that I probably would have lost my home. I was…
-
Bankruptcy approved, a fresh start awaits
After nearly 2 decades of financial chaos, I’ve finally grabbed the bull by the horns and taken charge of my future. To give a little back story, my partner died 15 years ago of alcoholism related illness and I was left caring for not only our shared child but also his 3 from a previous marriage. Unemployed and unable to…
-
Halfway done.
I just realised that I'm already 6 months into my bankruptcy. It's gone in a flash. I am annoyed with myself that I hesitated for such a long time, because it could all be over by now. I know everyone says it, but it wasn't a fraction as scary as I thought it would be. The first few weeks were confusing and nerve-wracking,…
-
Positive bankruptcy post
hi all, just wanted to share the fact that being declared bankrupt on the 26/05 was the best thing I could have done. i am back to me! And what a lovely feeling it is! Thank you for all the advice given. It sure wasn’t scary at all and got to keep my car. Life is just great with no debt stress!! Literally a clean slate…
-
almost 6 yrs on
hi all. my bankruptcy is officially 6 years old on the 5th march. hopefully i will see all the stubborn accounts that are still on disappear. some have been closed and disapeared over the last 6 years but 4 are atill showing. BEST thing i ever did. fresh start and all the stress gone. i was having ALL my wages on minimum…
-
12 years on from BR
I just wanted to provide an update and maybe some hope for those that are coming through bankruptcy. I last posted about being bankrupt about 11 years ago. MSE was sooooooo helpful at the time. It saved me in many ways. At the time I was a single parent and struggling with debts that accumulated over the past 10 years…
-
Bank Accounts for Bankruptcy
Just a quick update, which some may find helpful in the future. Starling have confirmed that I am okay to carry on using the account. Their default stance is bankrupts can use their accounts, as long as there is no overdraft, and no debt with them, although they do take this on a case by case basis. Good to know their…
-
12 months on and discharged.
Today I was officially discharged from bankruptcy. The last 12 months have literally flown by, whilst I haven’t posted much I can only say thanks to those that have in the past. The wealth of info on this site enforced my decision to declare and reading the experiences of others has been so helpful. For those considering I…
-
6 years post BR
Hi folks, It's just over 6-years since I went BR and so much has changed. It really was one of the best things I ever did and so to all of you currently going through the process, I wish you the very best of luck. Since Dec 2015, I have maintained a spotless credit file, took a low limit card with Capital One after the…
-
Only 3 weeks left
Only 3 weeks left to discharge not counting lol,just for any one else out there worrying don’t I been saying for years going to go bankrupt but kept backing out. then when COVID hit I was down to 80% wages that was final straw for me, the process for me was very easy,RO phoned night before told me I had done nothing…
-
Positive story -you can move on: including with a mortgage.
I went BR 13 1/2 years ago after an abusive marriage. I was discharged 13 years ago, after a few months. I followed the clean up and built my history slowly. I have an excellent credit score whatever that means. My file is heathy and I have lots of lines of credit which are used sensibly. I have just got a mortgage (didn’t…
-
4 months tomorrow
Well it’s 4 months tomorrow I went BR,Jesus it’s gone quick. I would never have done it if it was for great advice from these forums,to any one out there who is worried about the process don’t be thank you
-
To all those who are worried or worse....
I just wanted to say a massive THANK YOU to the people on this forum who regularly answer the queries/questions/calm the fears of those of us who are in this situation. I have found the non-judgmental advice invaluable over the last year and a bit. I had to declare BR last June and have just been discharged. I can't tell…
Discussions here cover two debt management solutions - Individual Voluntary Arrangements (IVA) or Debt Relief Orders (DRO).
7.3K discussions
41.8K comments
Most recent: Couple of DRO Clarifications Please by sourcrates
1 March at 7:21PM
