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Pre-paid cards
just a quick question. Will a prepaid card show up when I go bankrupt? I Currently have a pocket account.
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Bankruptcy or Iva
Hi all I’m after some advice, I have had a debt management plan for about 4 years and I’m about £34,500 in debt , I have recently contacted stepchange to discuss other options and and have been told my other options are an Iva or bankruptcy, I’m absolutely torn in deciding what to do. I have no assets only a car worth…
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Debts arising after BR?
Hi, and once again thanks for all the great info in this forum.I am going to apply for bankruptcy soon. There is a "debt" which I am disputing, and have been fighting over for a while. It's around £400. I definitely do not owe this money but am being chased for it as if I did. How do I declare this? Do I put it as debt…
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Going Bankrupt
Hi Everyone,I having probably going to go bankrupt in the next month and currently living at home with my parents. I don't want them to know I am doing this as they are both elderly & my dad very ill. I have nothing linked to them as I am only living there and none of the bills are in my name. Would there ever be a case of…
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Bankruptcy or IVA
Hi everyone, Not posted for a long time but in need of some advice. I have recently separated from my wife (her decision not mine). I was her carer for 9 years as she is disabled so all our income came from her benefits. We have a lot of debt between us which we split 50/50, however she is still getting all the same…
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PayPal & bankruptcy
PayPal have just confirmed that I can't have an (effective) account with them as PayPal Credit arrears were included in my bankruptcy. I just wanted to let people know as the information isn't very clear about what happens to PayPal accounts if they are one of your creditors. It is confusing as they haven't actually closed…
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NT tax code
Please I have a question for the gurus in the house. I went bankrupt on May 11 2020 and the OR told me I will be placed on NT tax code and I am supposed to be paying £200 for tax and £150 for IPA. I will be discharged on May 11th 2021 and up till now my new tax code has not been applied. I have emailed the OR three times…
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Mortgage and credit report questions
Hi, I am looking for a bit of advice. I was declared bankrupt on March 13th 2017 and discharged a year later. I have since established a new career and have a long term girlfriend who I am now at a stage where we are thinking of buying a house. Obviously this is more difficult because of the bankruptcy. I followed the…
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Done to death I'm sure but....Next steps
Good morning! I was discharged 3rd March...am I to expect some sort of notification through the post or anything? I only know about the discharge because I had an email from credit karma to say there had been an update on my file and the notice of discharge was there :) for some reason clear score updated 2 days ago but…
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Huge Debt - Please help/advise
Hi All, I have a problem, which keeps me in depression for quite long time. I thought to ask here people who got through it or can share valuable advice. About me: I am EU citizen, but living constantly in UK from 2015. Source of problem: I have been a director of EU company and have been sued to the court for not raising…
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Discharge
Hi all, my first post on this forum. I'm currently going through the process of bankruptcy. Self declaration. I'm led to believe the discharge period is 12 months normally. I have heard however of others being discharged after only 3 months if their circumstances have no chance of improving. Any help or advice on this…
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Husbands massive debt
Hi, I’m looking for advice please. I’ve recently found out that my husband has a massive debt to HMRC and is also in arrears with a few credit cards. He’s a company director. We’ve been struggling during covid, but I’ve only just found out the extent of it. He’s buried his head in the sand and I want to know where I stand…
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Help with BR fee?
Is there any help with the BR fee, or is it a myth?... asking for a friend ... (really) cheers and happy St Davids day!
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Land Registry Info/advice?
Hi There , My father passed away may 2018, and I have filled all of the relevant forms etc to have his name removed from the land register, leaving just my mum as the sole owner. Whilst we were going down the ugly route of death, I helped them both out by paying off their debts to the sum of £30k and in-between may 2018 &…
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Just had 1st phone call with OR office could do with some advice please.
Hi, I've spoken to the OR's office this morning. She rung this morning and said she needed to speak to me ASAP about my debt. I had to arrange on my break because she said Thursday my day off was too late.I told her that I didn't have any documents with me, she said I didn't need them. She proceeded to speak about my debts…
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Builder made bankrupt last year
Apologues if this is not the right place to ask this question but any help would be appreciated. I have been quoted for some building work by a local firm (sole trader with about four staff). e.g Joseph Bloggs t/a Joe Bloggs builders. They seem to get largely decent reviews. However, in doing some further research I have…
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Step
I don't know what happened in my absence but I got my answer anyway. Thanks for the advice.
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Call from ORs office in less than 1 hr help! RESOLVED POST CLOSED
Hi I've just had a call from an analyst from the ORs office. She said she needs to speak to me for about 20 minutes about my debts so she can pass on info to creditors. I'm at work so asked if she could call Thursday when I was at home. She said no this needs to be done as soon as possible so I've had to organise it for my…
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Self employment tax after discharge from Bankruptcy.
I'm hoping someone can help because I'm at the end of my tether regarding the below. I discharged from my bankruptcy April 2020. Being self employed I was told that I pay the tax for the year I was bankrupt directly to the OR. So i put the money to one side and once my accountant had done my tax return for that year I…
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Silly question but one that can hopefully be answered.
When people go bankrupt or are forced into it. How come some are still living it up? IE nice house flash cars/etc? The people I know are married and I thought as most people have joint property and often the man puts his name on the car unless you have more than one, I'm confused. Re debts. When bailiffs chase people for…
Discussions here cover two debt management solutions - Individual Voluntary Arrangements (IVA) or Debt Relief Orders (DRO).
7.2K discussions
41.6K comments
Most recent: Moved: Debt Managemt Plan query by sourcrates
24 July at 6:08PM
