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Not receiving Universal Credit code
I am receiving Universal Credit and had no problems up until today! I cannot sign in as I'm not receiving my code through my mobile. Is there a problem with their systems today?Any suggestions?
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CRS contact whilst Undischarged
Hi guys. Been contacted today by CRS, a debt recovery agent. Asking me to make arrangements to pay a debt of £37 which was originally a Klarna Debt. When I applied for Bankruptcy. Everything including the small debts were included. I am paying into a IPA and have done since around June 2021. Are CRS trying to pull a fast 1…
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Bankruptcy Advice
Hi All, Unfortunately I have ended up in a bad situation arising from being a personal guarantor to a business. I left the business and directorship in 2018 but the business started to struggle and was liquidated in 2020. I was a guarantor for loans in excess of 300K. I have been employed in full time work since I left but…
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Considering BR - Repossessed property mortgage shortfall question!
Considering BR sooner rather than later due to circumstances but...... I've just had a shock email. I sadly had a property repossessed when life was all completed messed up and there ended up being a £19k shortfall in the mortgage when the property was sold. I've had a fair bit of to-ing and fro-ing with HSBC and it was…
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IPA - when does it start from?
Hi guys, and thanks again for the brilliant advice in these forums. I'm now at the stage where I've been told I am going to enter into an IPA purely for council tax and income tax as I have no surplus. I've been sent an agreement to sign, but I'm confused about some of the wording. It states that my council tax payments…
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Applied for a DRO, what now?
I applied late last week for a DRO to clear around £28k. Is it normal for the wait now to be 6-8 weeks please? also my bank is always in and out of minus but I didn’t add it as a debt as it’s usually only around £20 max until I’m paid again. What if when they check they see it’s minus, will they shut it down please? It’s…
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Legal claim after selling house while bankrupt
(I am not asking for legal advice) Hi all, I've followed this thread for a while, helping me in bankruptcy journey (thank you), and now something has come up leading me to ask for members help please. I am 10 months into my bankruptcy. At the start I did own a house in joint names with my ex-partner. After seeking a lot of…
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Bank Account and Credit accounts still showing.
Hi guys. 1st question. I held a current account with Santander up until my Bankruptcy was granted earlier last year. I assumed the account would be closed and any funds left in the account would either go to the Bankruptcy or be sent to me. 9 months later the current account is still open, although frozen. Shouldn’t this…
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Selling house, joint owners, charging order on one owner - how is equity defined?
Hi, My other half was made bankrupt in Dec. A couple of weeks prior to that 2 final charging orders were placed on the house. We are joint owners but the charging orders are linked just to my husband. Official receiver has confirmed they have no interest in the property. We remortgage the property a couple of years ago and…
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Bankruptcy questions
Hello all, I've finally decided that bankruptcy is probably the only way forward for me right now and I think I have a good grasp on most of the process, but I just have a couple questions is anyone can help? First of all, when your bank account is frozen, how long is it typically frozen for and how do you go about making…
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New to bankruptcy, lots of questions
Hi, just a bit about myself, im a single mum to 4 children, aged 18,16,13 and 2 years old. I work part time.I have debts of around £28k and I’m getting no where paying them off. I currently pay a couple of them £5 a month and I would be 128 years old before that one debt alone is paid off. this is my SOA font=courier…
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Clean up advice and mortgage help
Hi there. First of all long time lurker first time poster and just a moment to say. This bankruptcy forum has been an absolute blessing offering so much support and advice to so many. Keep it going community! Right so I became bankrupt in October 2017. Discharged October 2018. I left it a long time to clean up my credit…
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Default notice question
Sorry wrong section.....
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Bankruptcy and child maintenance?
I’m completely new to this whole idea of bankruptcy so I will be reading through many posts and asking my own questions. I am currently doing an budget sort of form with my income and outgoings, my 3 older childrens father sends me money via a bank transfers with the ref child maintenance, does this money get accounted for…
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2 years post bankruptcy discharge
hi all i am approaching two years post discharge and wondered when i should be able to clean up my credit file. will all my creditors showing open accounts in default automatically drop off after the 5 years or will i need to request the removal? some of the free credit file sites are showing different resuts with some…
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Bank refusing to close accounts after bankruptcy
I went bankrupt in 2018 after a messy divorce. Amongst the debts was a loan in my name and an overdraft in joint names with my ex, both with RBS. Today I’ve received an account statement for the loan account showing nearly £13k owing. When I spoke to them, the (unnecessarily arsey) call centre person said that they won’t…
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Ex Wife Bankrupt
HI, just after some advice here really. Back in 2019 my Ex-wife went bankrupt and I made an agreement to purchase her share of the equity this was accepted by the bankruptcy trustees and I made the final payment in 2020 and the charge was removed. The issue I have now is that my ex wife is still on the deeds to the house…
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Bankrutpcy Advice needed
Hi Having watched some videos on youtube. Most importantly one by Money Nerd. I find myself here desperately after advice. I've written as much back story as possible.Back in early 2016 I found myself thrust into the world of
setting up an LTD company as a way of being paid for the role I was about to
take on. It was a big…
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Bankruptcy and Dla for children
Hi , I am currently bankrupt and due to be discharged in February. I have 9 year old twins with cerebral palsy and I was awarded Dla for them on the 28th December. I phoned up the official receiver and I was advised to email the IPA assessor, who had emailed me at the beginning of my bankruptcy to say I didn’t have to pay…
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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…
Discussions here cover two debt management solutions - Individual Voluntary Arrangements (IVA) or Debt Relief Orders (DRO).
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