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IPA and Bonus
Hi all Currently in an IPA until August 2022, currently paying £397 per month. I've received a Bonus of £4250 and declared by sending the payslip to the OR. My usual OR is on leave currently, and their office is swamped because of the changes from one payment collector to another thats had issues. I've been contacted today…
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Mortgage with NatWest 10 years after bankruptcy
Hi, I hope someone is able to offer some advice please? I was discharged from bankruptcy in July 2011. I am currently living with my partner in a property mortgaged in his name only. We have 2 children & have had an offer accepted on a property we are hoping to buy in joint names. My partner has equity in the current…
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Moved: Charge order on property
This discussion has been moved.
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Carers allowance and BR
Hiya all Recently approved bankruptcy, im not working so no IPA. Question is if i was to claim carers allowance for my mother would this affect my BR? Any experience or advice appreciated xx
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Advice needed pls
Hi, need some help I am currently on universal credit do they give discount on the bankrupt fee. I get child benefit and carers allowance for my daughter who is under 16 will it count my husbands 1000 monthly income . Also this will be my second time I file for bankruptcy will it make a difference when I filed over 10…
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Still thinking about it!
I have put off and put off doing the deed and haven’t paid any debts for a year now. My partner has moved in and don’t want him involved in my BR but obviously will declare. He has his own debts, maintenance to pay and we are going to keep our finances separate. Is it ok to do that? Also will I be penalised for avoiding…
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Help and advice needed
Hello again I received an email from somwbody in the official receivers office to say based on the info you have provided you will not be required to pay any disposable income into you bankruptcy estate. However she also said they will be in touch in due course if a re assessment is required. Why would they need to re…
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CCJs after discharge.
Been discharged a few months now and most defaults are dropping off one by one. But my 2 CCJs are still showing as active. Can I get theses updated/removed
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old benefit overpayment and bankruptcy
I was made bankrupt 6 years ago. I am technically free and clear forom it now ! 7 years ago I was interviewed for a benefit overpayment but heard nothing until a year after the bankruptcy (5 years ago) and they decided £500 has to be paid back. Am I correct that even although the overpayment was made to me for a time…
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Bankruptcy & Redundancy
Evening all. I am hoping to get some advice, I have searched around the internet quite a lot and cannot quite find the straight answer that I am looking for, I noticed there are some threads here with similar titles but again I cannot find the answer I am looking for. I am currently declared bankrupt, and still a good 30…
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Mortgage with bankruptcy
I am named on a mortgage with my ex from when we divorced 13 years ago. I signed a TOE and am no longer on the deeds (bad legal advice I’m sure of it). He has made countless Late payments meaning he STILL is unable to take me off the mortgage agreement. Due to COVID I think I may have to go bankrupt next year as my…
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Which one
Got loads of debt with a ex including a house defult dont know if I should go bankrupt or iva cant afford the fees for starting cost for help as it cost over a thousand to go bankrupt and websites say it can go into the thousands getting help with setting up a iva aswell.got 3 children with new partner and I'm struggling…
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IPA till end of current tax year.
Hi, I have been declared bankrupt. IPA has been set up. I have NT code on my payslips and they asked me to pay only that amount monthly into IPA till end of tax year. All understand but few questions: After tax year will end I will no longer need pay anything? I am going to be discharged in July. If my circumstances change…
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Why doesn’t everyone with a ccj or defult go bankrupt?
They stay on your file for 6 years just like bankruptcy However with a bankruptcy nothing to pay, and after a year, it’s over and after 6 years or less they come of credit file. Where’s with defult or ccj you still paying it off during 6 years and even after 6 years Only downside I can see to bankruptcy in this situation…
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Self employed query about bankruptcy application
Good afternoon, I wonder if anyone could clear up a couple of queries for me - I've already contacted Business Debtline who just referred me to the Insolvency Service, which is not easily contactable at the moment. I'm a taxi driver and classed as self employed although 'work' for a local taxi firm - have to do own tax…
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Bankruptcy online form help!
I am all set to apply for bankruptcy but I am really stuck with the online form. Short story - myself and partner have x3 kids together. We parted & got back together last year. I now live with him & our children in his home. We are not financially linked in anyway - no joint bank accounts, loans or anything. He pays for…
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Trust deed windfall
I am almost 4 years into my trust deed and im due compensation from my employer for an injury i sustained. Is there anyway i can get to keep the compensation money so that the trust deed doesnt find out about it ?
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Need help to trace my late dad's bankruptcy
Hi, I'm a first time poster and I'm just so confused, I thought I would ask the opinion of you guys, as you seem to know what you're talking about! Any advice would be gratefully received. My dad had a bankruptcy around 1990 and from my memory, it was very harsh, we lost absolutely everything. House, business, etc. To my…
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Not heard anything from the OR yet.
Hello, I’m wondering if anyone has any recent experience of how long they had to wait for the first contact from the OR? I had my bankruptcy order approved last Friday and I haven’t heard a thing since then. The paperwork stated that I should have contact within two weeks however it also said if I haven’t heard anything…
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SOA for Trust Deed
Hi, I am going down the road of a trust deed - still to be confirmed, may be bankrupsy. The debt is pretty much all HMRC. I live with my wife. She is nothing to do with the process and will not be involved. She owns the house solely. I am self employed, sole trader, so i have a van on HP. The payments for that are run…
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
