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uncertain what i should do
help!!! i'm in a real mess....£80k debts!!:o no longer in a position to keep up my payments to my creditors, i have thought about declaring myself bankrupt or just waiting for one of my creditors(biggest one £40k) to bankrupt me. What's stopping me declaring myself bankrupt is losing my car, although its on hp,my loan…
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BR and court
Hi, Do you have to use the local court as earliest date I have is July 15th?
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Is it worse if a company applies for you to go Bankrupt?
Hi, I have been trying to get some advice re my brother and his outstanding debts and have many helpful replies so hoped you could all help me with this also. My brother has an IVA if he was to not make the payments on this I am led to believe that the company my file for him to be made bankrupt. If this happened is this…
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EASYKARD-anyone had any dealings with them?
Hi, I have just applied for an Easykard, but am a little concerned.I received a letter from them telling what they required in the way of ID, but also asked me to pay the fee payment of £19.95 (which includes your first minimum initial load of £10) by way of a credit slip attached to the letter.But on the credit slip there…
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Wife's bankruptcy and MY benefits
hey all, firstly how big has this part of the forum got since March!?? My wife has 30k worth of debts and CAB recommended bankruptcy. I've completed the forms online just about and have come to the part about income. My question goes like this: My wifes debts are nowt to do with me, they're all in her maiden name. She is a…
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does anyone think Abbey will let me keep my account?
Have almost decided to go bankrupt after having been advised by cccs that it would be the best option as I have no assets and 35k worth of unsecured debt (phew!). My question is; My only debt to Abbey is a 900 quid overdraft. I'm in the process of claiming back just over 1000 pounds in bank charges from them. Evidence…
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Wahoo good news
Well guys and gals , got home from work and the postman just bought me the best news ever !!!!!! My early dishcharge :j :j (does dance round kitchen):D exactly 6 months to the day near enough after i was declared bankrupt Tight jock does that mean iv won :rotfl:
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New High Court Ruling
From the TimesOnline today… Thousands of divorcees risk seeing their assets plundered to meet their former spouses’ debts after a landmark ruling that they are no longer protected from his or her creditors when they split. A High Court ruling released yesterday has closed the loophole protection that spouses enjoy over…
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Help!! Joint accounts..
As title? maybe not, it's a little more complicated than that!! :( I have two bank accounts, one is in the names of my wife and I. No problem there as we have both just declared.. The problem is the other account. It is in the name of my ex, who left 4 years ago, and it is overdrawn.... Before she left, we went into the…
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Wahoo more good news
Following on from GIS...the postman (not the same one :rotfl: ) brought me a letter today from the OR telling me I could keep my car :j And I've been doing handbrake turns in the drive to celebrate :T :j :T :j Thanks to everyone who offered their advice in this particular battle...it paid off big time. :T Dither
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Struggling borrowers targeted
Thought folk might find this article from the thisismoney.co.uk website interesting. Struggling borrowers targeted Liz Phillips, Daily Mail 11 May 2007 Debt management firms are aggressively targeting borrowers struggling under a mountain of debt by paying large commissions to lenders to pass on their details. They are…
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Disabled and considering bankrupsy
I live on my own and may in the near future have to go into a sheltered council flat. My disability is progressive. My income is only just sustainable, with pension and benefits of £800 a month and my only luxury is this computer. But due to me having to replace washing machine(second hand)vacumm cleaner and new specs, my…
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****Should I go bankrupt ?****
I am in a real pickle and would really appreciate some help and advice please. I am 23 yrs old, living with parents and with no real assets. For the past couple of years I have been trying to make a living with a small internet business ( I am registered self employed). This has gradually gone downhill and now reached the…
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Basic Bank Account with Debit Card
Hi All, I know that this thread has been done a million times before but was with most things in this world things change and the banking world is no differant. Who is the best people to get a basic bank account from which includes a debit card (i am not interested in cheque book or over draft) ? Prior to BR i did have a…
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Changing Car During BR
Hi All, I have a old car, 2.0 Litre Auto, which i was allowed to keep. Its getting on a bit and is a little thirsty (approx 25mpg) and i have a 60 mile round commute each day. Is it acceptable for me to sell this car and spend the same amouont on a smaller diesel car, thus helping economy? Would i need to inform OR if i…
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Debts included in an IVA
Sorry if this is not the correct board to post this on but i have a meeting with Payplan tomorrow and I have a little query. One of my options might be to discuss an IVA but i was wondering if i my student loan details will be taken account into this? Thanks for your help.
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Taking the Car
Hi, I'm posting on behalf of my Mum, 61, who went bankrupt a few weeks ago. The short story is that she decided to take on the pub that she and my step dad had run when they divorced and it all went horribly wrong. She is now out of the pub, in rented accomodation and has an old car worth £750 according to the OR. He…
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*soa*advice Needed
Hi As ive had a very good response on this forum for my friend i am now posting her SOA so any advice or some thing that can be added would be appreciated. 1 Adult and 1 teenager (aged 14)this is based on. All per month. DLA £249 Income support £521 Child benefit £73 Outgoings Water rates £41 Gas £50 Electric £50 Building…
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Br Forms Help
Do you need 2 copies of all forms Or jus 2 copies of SOA form. Thanks
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Do they ever say 'no, you can't go bankrupt'?
Just wondering. Somehow, I'm scared they will say 'no, you have to carry on struggling and living on economy beans'.