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New Basic account
I’ve been banking with Monzo since my Bankruptcy order went in and was approved back in April. I’ve opened a Basic Account with Lloyds today, purely as back up. Do I need to declare this account to the official receiver?
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CCJ settled after being discharged
Hi, is it possible to get a CCJ that was included in a bankruptcy marked as satisfied? Mine still show as active but would like to get the amounts set the zero if I can.
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Making a Choice
Hello. Come here for help please. I have had a long period of mental health issues, during which time I messed up my finances. I'd lost my job and had a long period of not being able to leave my flat. SO I ended up living on credit cards, buying food with them mainly, and paying bills. Im getting a lot of help now, I'm a…
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IPOQ and NT tax code
Quick question please if anyone knows: I'm doing my IPOQ form for my income/expenditure assessment. It asks what my income is and then what I pay in tax. I'm already on the NT code and have been putting an appropriate amount aside each month (the tax office have said they'll claim it from the OR in due course). So when it…
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Need honest advice on how to Voluntary Liquidate small ltd company due to ill health
I have run a garage for 8 or so years, sole director of a ltd company. I suffered double organ failure, then covid, then no staff, then lost the premises. Currently the ltd company is active but I'm not trading. I don't owe anyone much at all, don't have many assets. I would just close it myself but there is a 23k I think…
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Charges on house - Cabot Financial chasing -
Dear all,As usual I am turning to my trusty forum friends for helpI was declared bankrupt in 2015 - voluntarily handed my house back to Landmark and from that day forward was not entitled to know what happened to the house etc.5 years later I am being called by Cabot. I decided to take the forums advice and actually speak…
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OR's Powers
Hi, I am about to go bankrupt and suffer really bad mental health issues. One thing that worries me is privacy. I have tried to find info online but I am struggling. Does the OR have the powers to get access to your emails, to online accounts, for example Facebook, or a Booking.com or anything like that? I know they have…
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Outstanding court costs help
Hello I could not find anywhere else to post this so think it's the most relevant forum section. I claim PIP and ESA at the moment as have learning difficulties and Asperger's, anyway onto the post. I got a letter from Trowers & Hamlins (lawyers) on the 29th July 2021 Dear Sirs Orbit Housing Association Limited v…
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Insolvency letter about official receivers interest in house HELP ?
I went bankrupt in January 2020 and was discharged January 2021 i have a joint mortgage with partner Yesterday received letter from Insolvency Service RE:MY NAME SUBJECT TO CONTRACT Property address :Address were i live With reference to the bankruptcy order was made on the 29th January 2020 in the above court and the case…
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Bailiff turned up unannounced
Good morning I’ve been woken by a bailiff this morning, advising me that I have an unpaid PCN dating back to February which has gone to court. He handed me a removal notice for my vehicle and showed me the initial PCN on his iPad, from my local council. I don’t dispute the PCN, it places me in an area where I know I was…
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Mortgage after a DRO
Hello! I am due to be discharged from a DRO later this year. I wondered if anyone has any advice on how long it is likely to be before I am accepted for a mortgage, and what steps I can take to help this. I assume the usual electoral role, using a credit card and paying it in full each month. Any advice/ knowledge would be…
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Post discharge advisors?
First post after searching about 25 pages of the forum and not finding anything on this... My discharge comes through in a couple of weeks and I'd like to find some personal advice (as opposed to the generic online stuff) about how to move forward with rebuilding credit etc. I've tried the usual National Debtline /…
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DRO now or later? - rebuilding life
Good afternoon all, Urgent advice please <3 BACKSTORY: Relationship break down - I break down - I lose job - I have 17k debts – I am moving out to a rented flat ‘somewhere’ and applying for benefits……. I have roughtly 17k of debts (c cards, pp etc)… my debts cost me roughly £400 a month to make minimum repayments :# I have…
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Help needed
Hello all i applied for BR last year october, will be a year this october. Now my natwest account i do not use this anymore i beleive its not closed its just with the collections team. Now my mum was transferring money into her accoubt and accidentally clicked kn my old details (which were saved previously as a payee) good…
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Trustee and assets
I am looking for some help please. My husband is a discharged bankrupt almost 2 years in (not our choice). The trustee believes there is equity in the home although we are challenging their driveby valuation as the property has a 54 year lease on it. Another creditor did a valuation a year ago valuing a lot less than the…
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Post BR Credit clean up.. help
Good afternoon, I'm 6 months past discharge and looking to clean up my credit file.. My BR date was in Jan 2020 and defaulted dates showing to July 2020.. But who do I write to?? The debt was a loan with TSB, but is now with a "Arrow Global ltd" Any help muchly appreciated.
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Bankruptcy Concern - Accommodation Payments
I posted on the forum in December of last year looking for advice (https://forums.moneysavingexpert.com/discussion/6220707/is-this-a-viable-way-to-escape-my-debt). Since then, the majority of my debts have defaulted and my situation has changed entirely. I still owe the same amount. At the end of this year (December) I…
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NT Tax code and Universal Crediting classing it as additonal income
Hi all. Would much appreciate some guidance. I went Bankrupt on 26th April. In may I was placed onto a NT tax code. Come end of June our universal credit payment was literally about £10. As usually around 400. I found out this is due to the fact they were classing the extra money from tax as additional income, even though…
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Queries on what happens to services after bankruptcy
Hi - I've found small pieces of info on all this, so apologies if i've missed something that covers these points in other threads. If anyone can help with these queries I'd be very grateful. 1. What happens to mobile phone contracts after bankruptcy? I'd read on the EE site that they may let you keep your phone under…
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Bankruptcy or IVA
Hi all, as a non homeowner and somebody with very few assets which one of these would be the best route for me to go down, i have had a quote for an IVA which is affordable but the length of time is concerning as i am not getting any younger and who knows what could happen to them health wise during a 5 or 6 year period i…
Discussions here cover two debt management solutions - Individual Voluntary Arrangements (IVA) or Debt Relief Orders (DRO).
