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Dro and car insurance
Hi my dro ended on June this year.im aware that it stays on my record for another 5 years but have a couple of questions about a new car and insurance I'm hoping someone can answer Am I still only allowed a car worth £1000? Will I have problems getting car insurance in instalments.when I actually had the dro I just carried…
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Insolvency Register
Hi I entered bankruptcy on the 1st of July. My details are on the London Gazette however when I search on the Insolvency Register nothing pops up for me. I am wondering if people know how quickly this is updated or takes to be added. Thanks 👍
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Last payment from work and bankruptcy what is the best approach?
Hello all, I’m due to be out of work from the end of the month but will have one last payment at around £3,000. I planned to use this to see me through the next few months and live a very basic life until I’m able to return to work. I’m unsure of whether to file for bankruptcy when I have that money as it seems the OR…
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Thames water and debt relief order.
I have just been approved for a debt relief order and my Thames water utility bill is included for £227 I was am not in any arrears and get my full bill yearly and pay it monthly I pay £23 a month, I am a little confused if I have to continue paying it or not or do I wait for the new annual bill?
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CCJ with DRO
Hi all, this has probably been talked about on here so many times but I just need a bit of clarity. I have a DRO and a CCJ, the CCJ was before the DRO and the CCJ is in my DRO. I set up a monthly payment for the CCJ as advised by Stepchange, its only £1 a month but I am still a bit confused by this bit of the DRO. So, my…
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BR and Bank Accounts
Just after some advice re opening a new basic bank account before I submit my BR. Would it be best to open a new basic account in my name, or just transfer my salary & pension payments into my wife's existing current account and then use her account for payments etc? Many thanks for any advice anyone can give.
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IVA/bankruptcy/DRO
Hello My husband has decided to start doing something about his debt which is around 25k. We have seperate finances (I have a much smaller amount of debt which is managable but I'm not left with much at the end of the month to support his debt... He pays around £650 a month but then spends again to afford things like the…
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Bankrupt and being chased by Cabot Financial - ignore or respond to them ??
Morning all,As always I am turning to you all for a bit of advice as hubby and I are disagreeing on the route to take !!I was declared bankrupt in October 2015 - discharged 2016 - This past month I have been chased by Cabot Financial for a debt they have taken on from Virgin Money/MBNA - I thought put my new head on and…
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Requesting credit after bankruptcy
Hello, Looking to build up my credit profile but had a question. When I apply for credit for a car (relatively low value) - when they do the credit check does it tell them I have previously been bankrupt? Or is it a simple yes or no based on my score. thank you
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Can I appeal IPA Amount
Guys, I was declared bankrupt at the end of April, I have only just been contacted to be informed I need to pay into an IPA which I fully expected and accepted. However I do not agree with the amount they worked out which does not include allowances for savings for my children’s Xmas and Birthday presents. I thought this…
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Working after Bankruptcy, Can I charge my husband rent ?
Hi Everyone, I am hoping someone might know the answer to this please. My Husband was made Bankrupt in February this year. (We lost our pub due to covid). He has been offered work but obviously he wants to keep his income below the threshold that will force him to pay surplus income for several years to come. My mortgage…
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Is this debt letter real?
I received this letter today and have no idea if it’s real! I’ve never seen anything like this before and really cannot understand how if I owed any money I wouldn’t have any idea about it until it was £5k? And also what would I even owe money for? I’m reluctant to type the link in and follow the login, incase it’s a scam,…
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Early Completion of IVA > Credit File
I’m about to settle my IVA early (after 9 months of being in it due to a change in circumstances). I understand the IVA will still stay in my credit file, but as I’ve settled it early, it will show as ‘completed’. My question is - although the IVA is on the file, as it’s showing as completed, will my credit rating…
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Charing order/ Ccj advise
Evening. I hope this in the right place. I’m trying to find the newbie thread but can’t (seen it mentioned in order places). Really hoping for some guidance please. in short. I received a letter from the land registry regarding an interim charging order that was placed on my property. This was two days ago. Myself and my…
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Bankrupt & overpayment with tax credits… help!
Hi all so my husband and myself were declared BR in October 2020, and everything went smoothly quite the relief if im honest. We spent years trying to fix it ourselves and it just wasn’t happening so we had to bite the bullet last year. fast forward to today July 2021, I have received a tax credits renewal which I didn’t…
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can anyone tell me if this entry is correct??
I went through bankruptcy on 18th May 2017, I have asked repeatedly for this to be changed as I believe the balance should have been '0' long before 3 months ago. Also they have bizarrely added a recent credit to take the balance down to £36. I believe this still causing significant damage to my credit file as it is…
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Bankruptcy & Tax Credits overpayment
Hi all soy husband and myself were declared BR in October 2020, and everything went smoothly quite the relief if im honest. We spent years trying to fix it ourselves and it just wasn’t happening so we had to bite the bullet last year. fast forward to today July 2021, I have received a tax credits renewal which I didn’t pay…
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Only 3 weeks left
Only 3 weeks left to discharge not counting lol,just for any one else out there worrying don’t I been saying for years going to go bankrupt but kept backing out. then when COVID hit I was down to 80% wages that was final straw for me, the process for me was very easy,RO phoned night before told me I had done nothing…
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Council tax demand after discharge
Hi, I have just been sent a council tax demand for payment within 14 days for the bill that was for the year of bankruptcy. I was declared bankrupt May 20 so discharged this year and just received the bill for last year today. I have called them and they said it says it’s being written off but this is the 3rd time they…