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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…
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Moved: Notice of Enforcement
This discussion has been moved.
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6 years post BR
Hi folks, It's just over 6-years since I went BR and so much has changed. It really was one of the best things I ever did and so to all of you currently going through the process, I wish you the very best of luck. Since Dec 2015, I have maintained a spotless credit file, took a low limit card with Capital One after the…
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Best way to use credit card To improve credit scoring
I am five years post bankruptcy discharge from four years ago. I am currently waiting for my credit card to arrive. I want to buy my weekly shop on this and pay it off to try and improve my credit by showing that I can be a responsible person to lend to for a future mortgage. My question is do I pay the balance of…
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How do I get a creditor to A) stop reporting defaults and B) stop them selling on the "debt"?
I was discharged from bankruptcy in March this year and things have been good 😊 HOWEVER one creditor in particular is starting to get on my nerves! I have spoken to this company on several occasions, as I keep getting demand letters from them and they keep reporting missed payments, despite being the main creditor on my…
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Moved: cifas cat 6 help!
This discussion has been moved.
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Pre pay debit card
If I have money on a pre paid card, can HMRC, DWP etc see this account? It doesn't show on my credit file.
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Bankruptcy indicator
Does anyone have an idea how I can actually find the source of a bankruptcy indicator. I feel I’ve covered every avenue and can’t find out what it is or who put it on my property.
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Bankruptcy advice please!!!
Hi, I've accrued debts of £12.5K to HMRC and £12K to credit cards. I've been prioritising paying my minimum monthly credit card payments as they have been my fall back safety net as I am self employed, and as such I haven't defaulted on these payments. But I have been getting deeper and deeper in debt on my cards as I use…
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Thanks and final steps
Hi there, just want to say thanks all for creating a helpful and encouraging environment during this bankruptcy process. My 12 months is up in a few days and I wanted to ask - do you automatically get discharged or do you have to wait for a letter confirmation from them 1st? As far as I can see I'm up for automatic…
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Who does the tax go to?
Can someone shed some light on the NT tax please. Went bankrupt in December 2019. Was on the NT tax code until April 2020. Never heard anything about it again but kept the tax aside as I knew I would get a bill. Paying an IPA. Have now had a bill from the tax office HMRC for the tax but I thought it was the official…
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Thank You
I am only couple of days away from being released of 12 months BR and I just wanted to say a big thank you to all. This forum has been enormous help, some people in this community are far more knowledgeable than some "professionals" I have talked to on some dept advise organisation. Before I discovered this forum I had…
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Debt relief order
If I do a debt relief order would it affect my bank account
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Old debt on charging order being chased years after Bankruptcy
I wonder if anyone can offer advice on this situation.I went bankrupt in December 2014, my house was subsequently repossessed in 2016. All has been quiet until last month I got a letter from Moorcroft Debt Recovery claiming they were chasing an outstanding debt.I explained that I went BR in 2014, and they said they would…
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£2 million in equity but no money
My house is on the market for the past 9 months and I had a few very low offers. I consulted five agents in the area and all agree that the price is attractive. I lost my job and I’m on UC, but I’ll run out of saving in three months. How can I raise money 9without a job) against my property to get me going till I sell the…
Discussions here cover two debt management solutions - Individual Voluntary Arrangements (IVA) or Debt Relief Orders (DRO).
7.2K discussions
41.6K comments
Most recent: How's your experience been with a DRO? by elsien
26 August at 8:45PM
