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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…
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Help.with bank
Hi all So bankruptcy is approved no IPA now prior to filing BR i opened a current account with bank of scotland they would not give me a basic one however i did not ask for a overdraft etc. The OR said this was fine so all my benefits and direct debits have been set up from new account but after speaking to and advispr he…
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virgin won't remove or amend incorrect information on credit file.
I went through bankruptcy 3.5 years ago. I had an account with virgin media that was defaulted prior to bankruptcy which i paid off in full and closed. They have been incorrectly reporting a negative balance ever since. I have written to the, completed a resolver complaint which they failed to respond to and twice been…
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How Does Marriage Affect Bankruptcy/Credit?
Hi, I'm over a year into my bankruptcy and am fully discharged. I'm earning more now and doing fairly well and working towards a possible down payment on a house. However, I'm also in a position to potentially get married soon. My question is essentially this: if I get married to someone who does not have a bankruptcy on…
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Landlord bankruptcy
Ok, long one. Myself, my partner, child and mother in law all lived together, 6 months ago she decided she needed her own space so she moved out into a property that she rents from agency. She kindly said we could stay here and just pay her the mortgage payment and the amount for bills every month. We are living here very…
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Received call from OR
Hi all Firstly thankyou to all of you who replied to my questions on a different thread. I got the call from my OR today and oh my word she was sooo sweet and pleasant so understanding and calm throughoit the call. She didnt want any paperwork from me jus to sign paperwork and send back. I literally cannot believe it i am…
Discussions here cover two debt management solutions - Individual Voluntary Arrangements (IVA) or Debt Relief Orders (DRO).
7.3K discussions
41.8K comments
Most recent: Couple of DRO Clarifications Please by sourcrates
1 March at 7:21PM
