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Bankruptcy & Marriage- help!
Hi all, Not looking for any judgment just some advice from you lovely people. Following a bad break up 4 years ago I had to declare bankruptcy. I have since been discharged and counting down the next 2 years until it falls off my credit report. I am engaged to a lovely human and we are due to marry in Winter 2021. He does…
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No contact from OR yet
Hi, I read this forum backwards and forwards before applying for bancruptcy on the 14th. It was approved on the 17th.I tried to time it to fall between my wages going in, and direct debits/standing orders going out of my basic account (one I've had for years, with Nationwide).I had hoped to have heard from the OR by now,…
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Calling all knowledgeable peeps - SOA - IPA possibility? Help?
I'm not sure if this is the right part of the forum, but here goes, here is my SOA. As I'm sure many have been, I'm scared to death of being put on an IPA. I suffer from bad mental health and I'm not sure if I could ever live with a 3 year IPA hanging over me, knowing that every single bit of money is to be taken off me.…
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Bankruptcy and car !
Sorry if this was asked on this forum before, but I couldn't find something recent. I am asking for a friend who is considering bankruptcy and has a full paid car worth 10K he says ! In Jan he took a loan to pay off the car finance, loan had less interest, March covid-19 and suddenly lost his work and likely to be the case…
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Universal credit/IPA/Tax code change
Good Morning all. My husband and I went bankrupt last month and all had been plain sailing really in regards to things being sorted however I have a couple of questions that I hope you knowledgeable guys can help me with. Our case worker told us to wait to hear from the council re council tax payments, do we pay it in the…
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Nearly 6 Years - 'In Default' accounts on Clear Score?
Hello All, First off, this forum helped me a heck of a lot six years ago when I went Bankrupt. Thank you to everybody who was posting back then and to the website itself. Anyhow, after 6 long years I'm nearly there. I'm reviewing my credit account on Clear Score and quite a few of the accounts from pre-bankruptcy are…
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Assets Help
I have had mixed views from StepChange and another debt advisor - basically I have a fairly new laptop, it's about 8 months old. SC said to put what I THINK it's worth, but the other DA said I don't need to put anything as it won't be worth anything really? I can't see that's true. I want to be honest, but can I search…
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Discharged Bankruptcy - Satisfied CCJs?
Hi, Following on from seven years of battling with debt incurred during a highly toxic relationship and barely treading water, I declared myself bankrupt last year and have recently been discharged. My circumstances are vastly different now and the instability leading to the debt / lack of income are long behind me. I've…
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Credit to pre bankruptcy bank account
Hi, a friend has sent a credit to my pre bankruptcy bank account. Would this bounce back to them. The account is showing as “in default” on clearscore not actually closed. I presumed it was closed as it disappeared from my online banking once they were notified of the bankruptcy. Has anyone any experience of it? Thanks x
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Set up as self employed during bankruptcy
Are you able to set up and register as a sole trader prior to discharge from bankruptcy?
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Bankruptcy & Statute Barred
Hi. First post so bare with me. I recently (06/03/20) declared myself bankrupt with £65K debts. A lot of that figure is made up of debts that are over 6 and years old. The Insolvency Service told me to put every debt going back as far as needed on my bankruptcy. However, I've since been informed that I shouldn't have…
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DRO change in circumstances within 12 months for OH
I am glad to have found this forum as have done lots of reading and feel somewhat different than last week where I was on the verge of running away. I have been advised by Step Change and another advisor that they think a debit relief order is the best thing for my circumstances. I do wonder that whilst my situation…
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Unable to get a mortgage - bankruptcy
Hi, my situation is as follows. My husband went bankrupt in June 2016, and we were told in January of this year by London & Country we needed to wait until he had been discharged for 3 years before applying for a mortgage. I currently own my house (hubby doesn’t) but we are wanting to move to a bigger house. Then covid…
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Being made to struggle at no fault of your own
Seven years ago we had windows put in, after two years with no help from them, we took them to court. Our windows cost £4,000 i was made to pay solicitors fees which finely amounted to nearly £18,000. five years after this court fight started we finely won our case back in March 2020 they was advised to pay all fees and…
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Some advice needed before going bankrupt
Hi, my partner is considering going banktupt as he got 20k of depts that he is unable to pay and we are expecting a baby in 2 month. We are not married. For the car we have got he is the registered keeper and I am additional driver, but I paid for it 6 years ago (took a loan). I do not have the invoice, all I have is the…
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Ipa or Not
Hi guys, me and my partner are thinking about bankcrupcy but how likely is it we will get one iof these ipa
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Just been advised to go bankrupt - Scared and need some advice
Hi all, I started up my own business at the beginning of the year, I had debt, but between my husband and I we were managing it. In the lead up to CV, we were unfortunately getting worse, as my husband's takings started to take a nose dive straight away. Since CV - my business has failed to take off, and my husband is a…
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Help Needed... Tandem Bank not updating their system
Hello all, I was declared bankrupt in December 2018 and that time Tandem Credit Card’s balance was included included creditors’ list. In January 2019 OR sent official letter to all my creditors and I informed them and my most of creditors as well by phone. but, they continued charge me interest and late pay penalty and…
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DRO and Utility Bills in Another Person's Name
I'm currently applying for a DRO and have declared a utility bill on the application. This was for an old property I moved out from about a year ago. I only received this a few months ago and I'm not sure why as the account was always paid off in time. I'm in a new house now and our current provider is the same as the one…
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Signed IPA
Hi all, it’s actually my discharge date today, but looking for a bit of advice.. I signed a ipa in August last year, obviously went on N/T tax code for a few months, worked extra and paid N/T amounts to Willmott! But I’ve paid nothing since April, is the Ipa in place still? Also I read there is a fee of £150 which I don’t…
Discussions here cover two debt management solutions - Individual Voluntary Arrangements (IVA) or Debt Relief Orders (DRO).
7.2K discussions
41.6K comments
Most recent: Hoping to apply for a DRO by fatbelly
13 August at 10:08PM
