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Bankruptcy & living with it

To help people who are bankrupt rehabilitate their finances, without judgment.

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…
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…
IVA Settlement issues - unhelpful practitioner
Hi I wonder if anyone can help? I’ve just come to my 3yr IVA anniversary. Due to a bereavement in the family my mum is in a position to offer a settlement £1k under what I should be paying back. I sent an offer letter to the IVA company in Feb. They STILL haven’t approached creditors. I’ve asked to be updated but I’m…
OR Contact
Hi guys my bankruptcy is being dealt with by the Birkenhead office, so would assume it’ll be them contacting me if/when I require an interview. However, Friday of last week I had a missed call from 020337871395 (couldn’t answer I was in work), then Bank Holiday Monday a similar number ending 1947, given it was bank holiday…
Pensions & Bankruptcy
I'm messaging on behalf of my dad, he is 62 years old and due to retire within the next few years. He has a private pension which is now worth £21,000, and another worth about £4,000, He also has a NHS pension as he works as a hospital porter and has done for the past 17 years. He had to declare himself bankrupt in…
IPA and new expenses
Can I have the expert thoughts of the group? I'm filling out my expenditure and income I've realised I don't have have home contents insurance no do I pay that much into a pension. Before I have my IPA meeting would it be ok to up my pension and get things like contents insurance if people are allowed an allowance for them…
New broadband provider
Hi all. I’m due to be discharged next week and also my contract is up with my broadband provider. I would like to find another supplier as not overly happy with current (post office) Are some more bankrupt friendly than others? Also will it be better to wait for discharge or will it not matter as only a few days more?…
Bonuses prior to IPA set-up
I'm still waiting for my IPA to be set up can I spend my bonuses?
IPA - Selling items
My mum is down sizing, moving home and asked if I could sell some of her items on eBay (she hats the internet, refuses to have broadband) She knows I have an ebay account, if I agree, this will look suspect on my bank account. Im already 1 year into an IPA.. Should I just say I can't? Thoughts. Thanks
Magistrates court and bankruptcy
Hi, and thanks again for the brilliant advice in these forums. I have been slowly filling in my bankruptcy online over several weeks. I have the fee saved up so that it's ready to go when I press the button. I have today received a magistrates court summons for non payment of council tax. They give me the chance to pay the…
child maintenance
Hi I'm currently thinking of going bankrupt but I am looking at expenses and my out goings are higher than my income. I pay out in child maintenance £510 per month ( 4 kids ) but I also give them pocket money and pay towards hobbies ect, just wondering if this was allowed and also what would be a realistic figure to put in…
Help!
Hi, I have quite substantial debts from my previous relationship and have now re-married. My husband owns the house and I have a car that isn't worth very much. I am considering bankruptcy as I have no way of paying off these debts and quite rightly, my husband doesn't feel he should be included in these debts whatsoever…
Whats the difference between a dro and bankruptcy
Hi I'm wondering if anybody could help after speaking with national debtline they recommend andebt relief order however with stepchange recommend a debt management plan but PayPal recommend bankruptcy only PayPal are saying this is based on me making payments against my car on hp and that isn't allowed om a dro bit it is…
Bankruptcy rent/ bills question
I am going to be applying for bankruptcy soon & juts had a couple of questions wonder if anyone can help with? 1) We have recently moved into my partners mothers house (she has moved in with her partner elsewhere for now) and we are paying her a rental amount for her house, and we are doing a bit of painting sprucing it up…
Filed for Bankruptsy today, unsure what I do about my bank account?
Hi All, After years of suffering with severe debt (£32000), most due to ill health with an issue with my Kidneys, and taking on more debt to pay debts, I filed for bankruptcy today. Basically, we have enough money to just get by ( we have 3 children) but no where near enough to pay off the debts. I was on an IVA, and with…
Bankruptcy again amd soa :(
Hi would anyone be able to help regarding my soa as I'm about to apply for bankruptcy and need to get these affairs in order prior im so worried and have so many questions and yet this is my second time being bankrupt
Surrender of keys agreement please help
Myself and my partner are now discharged from bankrupcy and have handed the keys back to the mortgage provider for volantary repossession. I have always thought I should never sign a deed of acknowledgement after bankruocy because I could be liable for the shortfall but I have received a ‘Surrender of keys agreement’ and…
Recently discharged what should i do about joint mortgage
I currently have a joint mortgage with my partner tracker mortgage at 4.25% currently we owe £28,500 on it the value of house is roughly worth £75,000 i/we are currently paying £358.00 a month which is £104.00 interest and £254.00 of principle i phoned bank to see if they would lend me any money to pay off the trustee but…
Council tax arrears
Can council tax arrears be included?
Post bankruptcy savings account (2.5yrs)
Hi all, 2.5 years ago when I went BR this forum was amazing and helped me every step of the way, so thank you all. here I am 2.5 years discharged and want to start saving for a mortgage, both myself and my husband have had promotions and have more disposable incomes than we’ve had for our whole married lives and now’s the…

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Martin Lewis: How to call your bank with just three digits – as 'anti-scam' phone number called over a million times
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Bankruptcy & living with it

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