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Bankruptcy & living with it

To help people who are bankrupt rehabilitate their finances, without judgment.

bankruptcy help, it's all too much
hi everyone i'll try not to waffle. Applied for bankruptcy a couple of weeks ago and didn't realise how much there was to it. I've had a half hour phone call and then have had to email copies of my rent agreement and reasons why i need my car etc. I've lost track of how many forms i need to print off and sign. Plus i have…
Facing up to the past and thinking about the future
Hi all, First post on the forum so hello to you all. Let me introduce myself. I am in my late 20’s and work full time. I have no savings, do not currently drive and live in rented accommodation with my partner who is not involved with my financial mishaps. Since 18 I have always had credit whether that be loans, credit…
Moorcroft help
Hello Posting on behalf of relative. They have received a phishing letter from Moorcroft but they think it could relate to either council tax or mortgage shortfall debt. The mortgage shortfall debt should have been covered in their bankruptcy. This was 15 years ago. Do Moorcroft deal with council tax and mortgage…
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What is my best option going forward - over £120,000 in debt
Hi All This is my first post, so please accept my thanks for reading and providing any guidance you can offer. NB I'm also hoping I've posted this in the correct area. I'm currently over £120,000 in debt, this is mainly due to a gambling addiction that I have recently take ownership off, I have banned myself from the…
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…
Notice of Disclaimer on HP car
Hello everyone and thank You for all support received so far. This my another post regarding my Car on HP during bankruptcy. I received today Notice of Disclaimer Where OR state " disclaim all my interest in hire purchase agreement .... " Please correct me if I'm wrong but I understand that OR letting me to keep car and…
Debt advice needed
Hi all, Currently 2 months into a DMP with step change for debts totalling 32k. A mixture of personal loans and credit cards. Paying £330 a month at the moment but think in my initial assessment I may have understated costs of food shop etc. Exploring the option of bankruptcy but don’t have a great deal of knowledge. I…
Suspension of discharge hearing
If you're not contesting it do you have to a attend a suspension of discharge hearing? Can't find any info on this elsewhere.Thanks.
CCJ debt (which I ignore) has been sold to a creditor I make repayments to. What will this mean?
Hello, I have a series of historical debts which I'm paying off in monthly instalments. There's one debt which I don't make repayments to, as it went to a CCJ. I have about 16 months before it's completely off my credit report. I received a letter today saying the CCJ debt (which I ignore) has been sold to another debt…
IVA private rent :(
Hello everyone, Just after some advise. So I am on an IVA (since 2019) we've been with the same LA for 5 + years now, when we moved to my current rental they skipped the credit check. Now after 4 years the landlord is serving a section 21 to sell. We're back on the rental market, which is now an extremely competitive…
Bankruptcy - allowable living costs
I’m preparing an income and expenditure statement as I’m applying for bankruptcy. Can anyone help please? Do you know if there’s a list of reasonable living costs to include and how much the receiver would accept if I go bankrupt. Many thanks for your help.
Hp finishing before discharge
Hello there, I'm looking for helpful advice regarding my case. I'm undischarged bankrupt science Jan 23, currently having car on HP to be finished before my discharge. I have no IPA , and HP company let me keep car as long all payments are up to date. Will my car be claimed by OR when I pay it off ?? I'm bit confused how…
How long does it take to remove a charging order from the land registry
Hello, I've recently settled an old finance agreement where the lender had a charging order registered behind my mortgage on the land registry. I was wondering if anyone had had any previous experience of how many weeks it takes once the debt is settled before the land registry record is updated? Assuming that people do…
Budget Help
Hi, I am creating my budget for stepchange and have some questions or any advice. I have a partner and two children, I am confused about how much i should put down for things like clothes etc and is there a set amount you have to put down. I am new to this so very confused at the moment
Debt relief Order...
What agencies can apply for a DRO for an applicant? They have a Stepchange personal plan, sent it to Moneywellness a month ago who have not been contactable (hours spent on phone)
Finding Accounts
So a bit of a back story I left an extremely abusive relationship which ended in prosecution of my ex partner. I worked up to a couple of weeks ago but have accepted defeat that my mental health and my children’s mental health needed fixing. Unfortunately due to debts I was advised the best way forward would be to go…
Scottish Insolvency for a deceased person ...
Hi My other passed away just over 6 months ago, and my dad discovered that she owed around £20,000 in loans / credit card debts due to letters that came via the post. They own the property they live in, but have previously take about a third of the value out in equity. After paying mums funeral there was around £6,000…
Bankrupt. Can I request a lower salary to avoid an IPA?
I went bankrupt in February. I’ve managed to find a new job and the salary on offer will mean I will pay towards an IPA. I’m currently not signed up to one because I had no income in the months leading to the bankruptcy, so they’ve delayed the discussion for a few months until I’m settled. Can I request from my new…
Are StepChange no longer a DRO approved intermediary
Are StepChange no longer a DRO approved intermediary? I was under the impression when I first contacted them last year that they were but now I have uploaded all of the info they need and I have been recommended a DRO by them online, I have got to apply either via Citizens Advice or Money Wellness.

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Winter Fuel Payments to be reinstated for millions – Martin Lewis explains how it'll work, what it means and if it's an improvement
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Bankruptcy & living with it

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