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Bankruptcy & living with it

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

HMG savings plan and BR
A family member was on UC but started a £50/month HMG savings (help to save?) by direct debit, she has £450 saved up, if she goes BR (or a DRO) will the OR snatch the savings? should she close the account now?
OR contacting family members
Hello all, I went bankrupt July this year and have just received an email from the OR asking for contact details for family members. My bank account shows transfers of £2100 and 2400 in the 6 months preceding but this was paying back for help to buy furniture for my new house before I got my salary. My total bankruptcy was…
About to reach 6 years, do i need to do anything?
So the lengthy saga of my bankruptcy is shortly due to come to an end. The 6 year date is due in about a month. I just wondered whether there is any action on my part with regard to removing the BR from my credit file, or anything else i need to be mindful of? I did the clean up a while ago now so its in pretty decent…
Whistletree chasing 7 years after bankruptcy - Updated
I'm furious, and a bit scared, but mostly furious. Whistletree have just sent me a letter telling my my balance is £38k and asking how would I like to pay. This was written off in my bankruptcy in 2015. I know this, and they know this. I'm so angry at them for trying it on like this. Also pretty nervous in case they try to…
Bankruptcy where do I start
Hi, I was married and we went bankrupt 10 years or so ago. My marriage has now broken down and he has left me in debt. To the tune of approximately 12000. I am now with a new partner he doesn't need bankruptcy but I definitely do. My gas and electricity debt is 7000 on its own. Nothing is in my ex hubby's name. I remember…
Default Notice from M+S Bank after bankruptcy
Hi, Just had a scary letter from M+S Bank telling me I have a ‘default notice’. Says it includes a demand for repayment by 5 October. They obviously know I have gone bankrupt so I thought creditors weren’t supposed to contact me demanding payment now. Do I need to take action or is this letter a formality? It never ends,…
Official Receiver going after my ex-wife's/children's house
I am now released from bankruptcy but my official receiver is demanding money from my ex-wife for equity in her house. This is quite complex... I moved out of that house in 2013 We divorced in 2016 I remained on the mortgage as she would not be able to get one on her salary Her parents put in a sizeable chunk for the…
A little Advice
So I have got myself into a little trouble financially - long and the short of it is I made a lot of money trading CFD'S but have now lost it all plus a lot more. So having battled with addiction problems over the years this was my latest addiction and fortunately now getting some proper help. So in essence I am now £80k…
Tax rebate after bankruptcy
Hi, Just wondering if anyone has an knowledge or experience in this area. My 12 months bankruptcy finished in mid July this year. It looks like HMRC have recently calculated my tax for the year 20-21 as I called them today and they said they have written to the insolvency people about whether they should be sending the…
Final tax return before going Bankrupt
Hi there I have debts in excess of 50k with half of this owed to HMRC. I aim to file for bankruptcy in the coming weeks as the debts are out of control. I am self employed and a sole trader and wish to continue my trade once I am bankrupt. Should I file my final tax return(2021-22) before filing for bankruptcy to write…
Bankruptcy Credit Reference File Clean Up - Discussion
If you wish to discuss the "Clean up" of your Credit Reference Files and don't wish to start your own thread, then please use this thread. Thanks. :)
My tax ipa query
Hello all, I recently became bankrupt 1/7/22 and have a tax ipa for £137, paying to Advantis. Hmrc haven’t changed my tax code so they asked me to send payslips and my salary had actually decreased by £200 so they said they would speak to the insolvency team and defer payments by a month. My questions are: 1) is it likely…
DRO period over but defaults being added to old accounts
Hello, so my DRO 1 year period ended in March but a credit card company which was under that DRO have marked on my credit file that the account is still open with an outstanding balancing and it’s had monthly defaults added to it. I understand a DRO and default marker will be there for total 6 years but surely they…
"In default" still on ClearScore 2 years post-BK
Hi all, I'm coming up to 2 years post-bankruptcy this month (discharged 12 months later) and have been making sure my credit file is as it should be, as my score on ClearScore is 71. I noticed that one of the accounts included in my bankruptcy was still showing missed payments right up until last month. However, I've…
Income payment agreements
Hi, I am finding conflicting sources of information regarding how long it takes under bankruptcy for debts to be wiped off, a lot of resources say one year, but then stepchange and other places that are registered to give financial advice say that you can have to pay an income payment agreement for upto 3 years. Given that…
Property Charge
Hi, I have a charge on my property from 2008 with BlackHorse that I need removed. I went bankrupt in 2011 and understand that all my debts were wiped however the charge still appears on the Land registry. Does anyone know how I can get this removed and or a direct contact at BlackHorse as I cannot seem to get through to…
Bankruptcy advice
Hi, I’m about to file for bankruptcy but am just wondering if I need to print out bank statements and credit card statements to give to the OR or will he get access to these from banks? If accounts are frozen after filing how will It work. I use internet banking and have never printed statements so don’t have any! Hope…
Charge on a house
Can a spouse sign over the ownership of a house to the other spouse to avoid a charge being put on it by a business creditor?
Cost of living payment in an IPA
Hello, Does anyone know if the cost of living payment from the government for those on certain benefits will be included in your IPA? I have found zero info on this and I guess it probably will be but does anyone have any ideas? Cheers.
OR claim against father estate
hey, hope you can help. My fathers bankrupcy order made in 1996, he passed earlier this year. Seems there are 2 funds that the OR has put a note on. The pension provider said they had investigated and now I have claim forms from Aviva but stating I must have the OR say that they dont have a claim against the funds any…

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Bankruptcy & living with it

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