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Bankruptcy and new energy supplier
Hi I was declared BR on 28th February. I currently pay for my energy with a monthly direct debit I have never been in debt to the company. They have put their prices up for the second time this year so I want to switch suppliers. Will I have trouble getting a direct debit with a new energy supplier? I don't want a pre…
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Land charge
Hi all, I am discharged bankrupt and I am buying a house and the land charges search came back showing me as having been bankrupt. No issue disclosing this as cash buying due to inheritance. But I'm worried that it will affect sale somehow? I never owned property when I went bankrupt so am I able to get my name removed…
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OR phone call and IPA team
Firstly, thanks again for all the wonderful advice on this forum. For someone who is just starting to learn about bankruptcy or just starting the process, there is so much information here and the search tool has become my best friend :D I thought I'd update where I am in the process, in case it helps anyone else looking…
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Liability order after BR date
Hi, sorry to ask more questions. It seems things never go smoothly as you'd like them to!Five days after my official BR date, a liability order was made in respect of council tax for 2020/21. I haven't received an official notice of this, but if I go into my online council tax account I can see it's been made and probably…
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Basic bank account application - credit search?
This might be one of those questions where I'm just overthinking and really really don't want to get into trouble. I've been bankrupt about a week. I do have a basic bank account with the Co-Op already that I've had for many years, and had already arranged for my salary to go in there. But just in case it doesn't, or…
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How can we protect our assets/estate from Girlfriends financial liabilities?
Hi, I'll keep this as a tl;dr as it is truly a horrendous situation - I live with my girlfriend in the UK, I am British, she is Indian and on a Tier 2 visa - my girlfriend lost both her parents and last remaining grandparent recently to COVID in India this month. She has 1 sister and none of the deceased had wills. We have…
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Interview to go over expenses tomorrow help please!
Hi all, I was declared BR on 28th Febuary. I had a call from the OR's office wanting to go through my expenses, I'm at work so said I can't and would tomorrow be possible. She told me the documents I need to have and she's calling me tomorrow. Any tips for this interview? I know I will end up with an IPA as I have excess…
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Any dealings with Link financial
My debt with mbna was sold to them last year, which I have just ignored till now, but I have received a letter stating if I do not get in touch with them they will refer me to Kearns solicitors. has anyone any experience with them ? Is it an idle threat or will they go through with it and what can they do ? I have no…
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95% mortgage after bankruptcy
My hubby and I went bankrupt in 2017. I have been in touch with a mortgage advisor who has advised that I can get a mortgage in principle from June this year. Would it be possible to get a 95% mortgage given the bankruptcy seen as it is backed by the government?Thanks
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A year after being discharged from bankruptcy
In late 2018 I was finding it increasingly difficult to work due to numerous health issues which were getting worse. I was a freelance graphic designer, working from home. In early 2019 my health conditions overwhelmed me and I had to stop working completely. As I had numerous debts, I was declared bankrupt on 7th June…
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Accessing foriegn funds
Hi All, Im in a real pickle as my husband owes a lot of people money and Im desperately trying to keep afloat for myself and kids. He is thinking of filing for bankruptcy as his debts outweigh his assets. We do have a small property in Spain which we have been trying to sell for a while as cant afford to run it or visit…
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Bankruptcy application submitted - Thanks guys
Well guys, Mainly a big thank you to each and every one of you who have been patient with me and answered my questions over the last couple of weeks. I have late this afternoon hit the submit button on my application, the application was completed about a week ago, I was just scared to actually submit. Now time to await a…
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Queries re: Credit Approvals post bankruptcy
Just wondering about others' experiences here. Bankrupt 04/2019 Discharged 04/2020. 17 Defaults and 3 CCJs included in bankruptcy. All defaults and CCJs appearing on credit files as closed and settled with £NIL balances. Had to settle one of the CCJs myself for it to be marked as satisfied but it was tiny, I don't mind.…
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Moved: Time Share New Spanish rules..
This discussion has been moved.
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EX160 - do these associated costs need to be repaid
Hi, I have needed to use EX160s for a variety of reasons recently and they have been accepted as I am on Universal Credits. I am expecting a large personal injury payout but not in the near future, and was wondering if the costs associated with the EX160's will have to be repaid if/when this payment comes through? Any help…
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CCJ
Hi, I hope this is the right category. I have obtained a CCJ against a Ltd company registered at a given address with companies house. This is a private residency (jointly owned) by the director of the business and his GF. The debtor is refusing to pay the debt and I was wondering if I could obtain a charging order against…
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5% mortgage after bankruptcy
I was just wondering if anyone has had any luck with the new 5% mortgage deals. My husband and myself both voluntarily filed for bankruptcy in 2014 due to a failed pub (lots of problems with the maintenance of the place and false promises from the previous owner and brewery) The bankruptcy is now cleared from our credit…
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Bankruptcy - Annulling after 18 years. Does anyone have experience?
I went bankrupt over 18 years ago due to pressure from MBNA. If it had happened more recently the FCA would have prevented them from behaving like a loan shark. Anyway, after 18 years I've decided that I want to clear it off of my record. However, the OR has informed me that I may face 8% on the debts so this has thrown a…
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Opening a current account /mortgage after discharge
Hi, I declared bankrupt in 2016 and discharged the year after. So as I understand its 6 years until it comes off my credit file completely ? I am in a much better financial position now and have managed to start saving for deposit on a house, obviously not until I'm fully discharged as I'm still unable to open an ordinary…
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NT Tax Code
Hi Everyone, New member but have read the forums for quite a while and learned a lot - Thanks I have been on an NT tax code since August 2020, No one has contacted me to collect any unpaid tax yet. Will someone contact me after discharge (end of April 2021) to ask for the money? - i have been using a salary calculator and…
Discussions here cover two debt management solutions - Individual Voluntary Arrangements (IVA) or Debt Relief Orders (DRO).
7.2K discussions
41.6K comments
Most recent: Should I get an IVA? by Bunnyburrows1968
30 July at 9:31PM
