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.

📨 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.

Am I entitled to share of equity from a sold house during bankruptcy ?
Hi My situation is that my very recently ex husband went bankrupt 2020 and was discharged recently in the last few months however in the process of the bankruptcy my ex gave back our house to the bank. I was not on the named mortgage however I did contribute to the deposit towards the house , paid towards the mortgage (…
Scottish DAS - IVA on Credit File
Hi there, I have been in a DAS for 3 years now and paying my debt pile off slowly but surely - 4 years this month until it’s done :smiley: . For the last 3 years I’ve not touched credit (not that I’ve been able to anyway…) however I decided to download the ClearScore app just to see how my file was getting on. Couple of…
TSB - Data controller.
Evening, Clearing up the credit files and a TSB Loan default is 5 months post BR.. I have called, researched via tinterweb and still can't find any information on who to actually write too.. Does anyone have these details please. Stay fresh
Moved: pari passu principle?
This discussion has been moved.
Scotland - Minimal Asset Process
Hi all, Would you mind sharing with me your experience of applying for MAP and living with it? Here is my background and why I am thinking of applying for MAP: My husband left me 2 months ago turning my life upside down as I had been left with all the bills to pay and roughly £6000 of my debt (£3000 credit card, £2000…
company liuidation - can I get list of creditors
On the companies house website I am looking at a liquidator's "statement of affairs" for a company that was liquidated a few years ago. It includes one figure of around £40k for "unsecured creditors" Is there anywhere I can get a list of the individual creditors?
Declare or not
Hello I was discharged in 2016 and I recently looked at my credit report and I can't see it anywhere. Is this an error? I am saving up to buy a house, do I need to declare I once was bankrupt?
IVA / Bankruptcy query
Hi all In process of an iva application, but my mind is doing somersaults as it's still a week or so before the creditor meeting. As it's a sunday i can't ring the company who are doing the application so thought i would put a few queries here in the meantime. Any pointers greatly appreciated. If the iva is declined (it's…
Santander still sending debt letters 11 years after discharged bankruptcy
I keep getting letters from Santander for a debt that was included in a bankruptcy 11 years ago. I’m finding it incredibly irritating after all this time, is there a way to make it stop? 🥴 Thanks.
Vehicle for work use, can it be kept?
If you have a vehicle and it’s for work use (van) and the outstanding finance can be met, will you be able to keep this, or can it be taken as an asset?
Claim form while on IVA
Hi all hoping I can receive some advise on my matter with a creditor I owe money to while on an IVA. My IVA started in May 2020 and one of my creditors unknown to me until recent months wasn't added to the IVA and have now received a CCJ Claim Form from the claimant. This debt was due back in 2016 and the claim form was…
Partner - credit card questions
Morning, I declared BR back in March of 2020, now discharged. I have no finical links to my partner apart from sharing the same address. Thier credit score is 999 yet they cannot obtain a decent balance transfer card. Is this because of my BR? Ive read different things.. Thanks
Bankruptcy & Endowment Policy
My father took an endowment policy on my behalf just after I was born several decades ago and he has been consistently making payments into it. I have never paid into myself and complete forgot it existed. I was made bankrupt 4 years ago and i forgot I had the endowment policy so never declared it. I would like to…
Exempt vehicles in bankruptcy
The Senior Official Receiver (OR) has confirmed that internal guidance to ORs will shortly be updated to say that ‘exempt vehicles worth less than £2,000 are unlikely to be realised’ in bankruptcy. This brings bankruptcy into line with the June 2021 increase in the DRO vehicle disregard. Exempt vehicles worth over £2,000…
IPA & Employee Strike action
Looking for a little advice before I speak to the Brankruptcy people. I currently pay into an IPA which I pay weekly on a continuous payment authority on my debit card. It has been announced that should no agreement be reached with my employer we will be on Strike from the 30th October and out until a deal is reached.…
Money paid into old bank account
Good morning, I wonder if anyone can offer any advice. My partner transferred some money into my bank account and I stupidly forgot to update him with my new bank details, so it has been transferred to my old account. He rang his bank straight away and filled a form. They said if the account is closed then the funds should…
DRO ... for self employed, much difference?
Anyone know what info the IS (or agency) require for a self employed person applying for a DRO? Also, does a DRO mean closing all bank accounts? cheers
IPA refund?
Hi, I'm 17 payments into a 36 month IPA and was just purely wondering, if after I've paid all of the monies (22k) and say part of it isn't claimed by the creditors, am I entitled to a refund of the remaining funds? If so, would this be an automatic thing or something I would have to claim? Thanks in advance.
Would you go bankrupt if you had a quarterly service charge demand for £102,000
250 leaseholders in a block of flats in central Leeds have just recived their quarterly service charge for Oct to Dec 2021. It is normally £600 but due to not meeting the new fire safety regulations introduce earlier in the year their managing agt has just issued them with their share of costs to meet the new rules. They…
Bankruptcy mortgage provider?
Hi, could anyone point me in the direction of any bad credit mortgage advisers, ( bankruptcy 2017) please? Specifically for shared ownership housing? Im wondering if anyone would touch me now, or whether I need to wait untill 2023 six years on? the property value is £62.500 for a 25% share if that helps. Thanks 🙂

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

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.
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 Payments 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.
Which NatWest and RBS branches are closing from 2025? Here's the full list – and banking alternatives
NatWest and Royal Bank of Scotland (RBS), which are both part of the NatWest Group, will shut at least 108 of their bank branches in 2025 and beyond, after the Group announced a further 52 NatWest closures.
Winter Fuel Payments to be reinstated for millions – Martin Lewis explains how it'll work, what it means and if it's an improvement
Winter Fuel Payments will be reinstated to all pensioners in England and Wales this winter – but will be clawed back automatically from those earning over £35,000 a year, the Government has confirmed. It means nine million pensioners will get the £200 or £300 top-up. MoneySavingExpert.com founder Martin Lewis shares his instant response and analysis.
Car finance mis-selling update: regulator prepares for compensation scheme – and warns against using claims firms
Payouts for mis-sold car finance could be another step closer as the financial regulator has set out the factors it will consider if it were to introduce an industry-wide redress scheme – though we won't know more about how this will work until after a key Supreme Court decision expected in July. In the meantime, the regulator has warned that you DON'T need to sign up with a claims firm to be included.
Winter Fuel Payments to be extended to pensioners earning £35,000 or less – here's what we know so far
Winter Fuel Payments will be extended to all pensioners with incomes of £35,000 or less this winter, the Government has confirmed. It means nine million pensioners will get the £200 or £300 top-up.
Winter Fuel Payments extension confirmed for this winter – watch Martin Lewis' instant response and his message to the Chancellor
Winter Fuel Payments will be extended to more pensioners this winter – though not to everyone – the Chancellor has today confirmed. However, exact details of who will now qualify still remain scant. Watch MoneySavingExpert.com founder Martin Lewis give his instant response, as well as his key message for Rachel Reeves.
Nationwide Fairer Share: Free £100 bonus confirmed for 2025 – here's who will get it
If you bank with Nationwide, you could get a free £100 paid into your account in June or July as part of the building society's 'Fairer Share' scheme. The bonus will be paid to millions of its current account customers who also have savings or a mortgage with it.
Forced onto a prepay energy meter? You may be due money back as 10,000s to be compensated
If you had an energy prepayment meter forcibly installed or your smart meter was remotely switched to prepay mode without your permission, you could be entitled to compensation of up to £1,000 and may even be eligible to have your energy debts written off.

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