We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Bankruptcy & living with it

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

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…
Account sold
Hi all After declared bankrutcy in March , just received a letter said my Amazon credit card sold to LC asset 2 sarl , do l need to do anything or just leave it , thanks
Santander Complaints dept
Does anyone have a email address for the complaints department at Santander. I entered into Bankruptcy in April 2021 and was informed by the OR they would take send a bank 1 notification to Santander and the account would be closed. I regularly check my credit report and can see that the account is being reported as…
Post Bankruptcy And Dealing With Court Car Parking Fine (2017) from Groupnexus
Please can somebody offer me some advice on this. I was made bankrupt in 2020, discharged earlier this year. I have just received a county court claim form from CP Plus Ltd TA Groupnexus. The claim is for £335.28 . It is from a parking charge dated 4/1/2017 at MOTO Exeter 2. They state that "despite requests.......", I…
Argos store card still showing as a default
I went bankrupt in 2018 and my Argos store card is still showing as a default. It was included in my bankruptcy and should show as settled like the other debts in the bankruptcy. I have tried to get this rectified with Argos to no avail. Has anyone got any advice or contact details for Argos?
Help to write a letter to Council before going to court
Ibown a house in Harrow. There was one month that lapsed in council tax after my tenants left. Council for some reason tried to recover it from previous owner (who left in 2006). They were sending letters and court summons to their name. Obviously I didn't open it. Finally I decided to read it when a bunch piled up. So it…
Discharged, credit file confusion
Hello, I've recently been discharged from my bankruptcy which has been a HUGE weight off my shoulders and a (pleasant) anti-climax! Just checking my credit file reports to see if my discharge is reflected in them and if I need to do any clean up as per the advice found on here and I'm unsure as to what I'm finding. Here's…
Paid off by debt, but taken to Court
I owed some money on service charge. My fault. They wrote to me I had to pay £1,500 by 15 July. However, I was late and paid 20 July. However, on the 19th they filed the debt with the Court. It was unlucky. Despite paying off £1,500. I now own £1,200 which they say is their legal fees. Is this fair and reasonable? How do I…
In a hole, advice needed
I am going to have to go bankrupt but have a few questions: my property is on an interest only mortgage, really there is no equity in it but I am hoping by time the mortgage is called in I’ll be able to sell it to cover the mortgage. This is joint mortgaged with my mum, I’m worried that if I go bankrupt, my 67 year old…
DRO Moratorium period finished but getting letters again advice.
I applied and got a debt relief order on the 14th of July 2021 and it recently ended but have started getting letters again from my creditors virgin mobile and Barclays partner finance, Barclays are asking for a copy of confirmation letter which I haven’t yet received from insolvency service about discharge. When I log…
IPOQ Debt Advice Line?
Hello There, I might even be on the wrong site for this but here goes. I received an email yesterday, Wednesday, from the OR's office with an attached IPOQ. I did some online research on this and apart from other helpful suggestions to the poster, one forums advice was to contact a particular debt advice line who it was…
Question about how to value assets with multiple components
Say that you have multi component items like a self built desktop computer where you have purchased the components like cpu, motherboard, graphics card etc. separately all under the value of £500 each, and under normal circumstances you would sell those second hand as individual components again as you periodically upgrade…
Does credit in a utility account count as an asset?
I'm currently paying more on my DD than what I estimate I'll need over the period of my fixed energy deal, I've left my it as it is as that's what the energy company recommend and it's not a massive difference, but obviously I'll build up a credit of £300 or more over the next 2 years which can then be withdrawn, also we…
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…
Car Finance After Discharge
I was declared bankrupt in 2018 due to illness and being unable to work for 3 years (and having an insane amount of debt!). I'm now back on my feet physically and financially but need a car. I have £5000 which obviously could get me a car but I really want to get an electric car so would need to get some finance of around…

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

Ofgem proposes new 'no standing charge' Price Cap – but Martin Lewis warns vulnerable customers need to be opted in or it won't work
Ofgem has today launched detailed proposals for a major shake up to its Energy Price Cap that dictates the price over 80% of homes in England, Scotland and Wales pay for their energy bills.
Lloyds, Halifax and Bank of Scotland to cut overdraft rates for millions but hike them for others – here's what's happening and full help
If you're a Lloyds, Halifax or Bank of Scotland current account holder, the interest rate you're charged for using your overdraft could change soon as part of a fees shake-up. The Lloyds Banking Group, which owns all three brands, says millions of its customers will pay less after the changes – but a "few" will pay more.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more low-income households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Martin Lewis: At last a chance to fix Council Tax flaws impacting millions – debt collection, difficulty challenging your band, discounts and more
Major flaws in the Council Tax system in England could finally be fixed in future, as the Government has launched a wide-ranging consultation to review hideous debt collection practices, the difficulty of challenging your band, the overly complex and horribly-named Severe Mental Impairment discount and more. MoneySavingExpert.com founder Martin Lewis, who has long campaigned on these issues, shares his response and analysis.
Energy complaints to be dealt with more quickly and Energy Ombudsman to get new powers under Government plans
If you have a complaint about your energy firm, it may be resolved more quickly in future, as the Government has announced a raft of proposals to strengthen consumer protections in the energy market. The planned changes include giving the Energy Ombudsman new powers to force firms to comply with its decisions – but it's still very early days. Here's what we know so far.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Base rate held at 4.25% – here's what it means and when it might be cut next
The Bank of England has held the base rate at 4.25%. Below we explain why, when it might be cut, plus what it means for your mortgage and savings.
Applied for South West Trains 'boundary fares' compensation? Act now to claim it
If you applied for compensation from South West Trains before the deadline in January 2025, you now need to provide your bank details to the claim administrator so it can be paid to you. Here's what you need to know.
Winter Fuel Payments to be reinstated for millions – Martin Lewis explains how it'll work, what it means and if it's an improvement
All State Pensioners in England and Wales will receive a Winter Fuel Payment this winter, though those who earn over £35,000 will see it clawed back through the tax system. It means nine million pensioners will get the £200 or £300 top-up. Here MoneySavingExpert.com founder Martin Lewis shares his instant response and analysis, and we include answers to your key questions.

View All

Bankruptcy & living with it

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free

Bankruptcy & living with it

Category List

Discussion List

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free