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What happens after I press the button ?
I’m finally looking to press the button after ‘dithering’ about it for almost a year !! After actually committing, how soon can I actually open a new bank account at Nationwide? And how soon before they freeze my HSBC account? I really worried because I get my UC payment on 8th, wage on 18th and child maintenance on 30th…
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Help with bankruptcy complaint
Introduction Hello, I’m
writing on behalf of my parents who were made bankrupt in mid-2017. The reason
I am writing is due to the conduct of the company appointed as the insolvency
practitioner (I will not mention their name but will refer to them as IP) which
I will detail further below. There is a large number of issues…
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Need a few questions answering about dro
Hi, can someone help me out, please? I have filled in an application online via stepchange in August and spoken to an advisor on the phone and since then my circumstances have changed. I was due to go into my second year at university, but I am contemplating on deferring until 2021. My parents have also decided if I don't…
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Help with RECOVERING money owed .He defaulted on CCJ!
I am a pensioner and in 2018 a builder did some shoddy work on my roof. After months of fobbing me off he agread an amount by a set date, and then didnt pay it. Eventually a couple of months ago it went to the Country Court. He was warned by the Judge that if he defaulted he would be in Contempt of Courth and the Judge…
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Universal credit and NT tax code bankruptcy
My husbands tax code has changed this month and now the tax he is not paying we have to pay to the insolvency service each month as part of the bankruptcy. I’m really frightened that it’ll look to UC like he’s making more money and our UC will be stopped? I’ve asked our case worker at the insolvency service but she wasn’t…
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Bankruptcy from 1989
Hi. I am hoping someone can help. I was made bankrupt back in 1989 and it was for a year only. Last week I went to open a business bank account with NatWest, who I have banked with for 8 years with my personal account. i have received an email today asking for proof of discharge. Obviously I haven’t got proof but they want…
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Bipolar and bankruptcy
Hi, i have recently found out i have bipolar disorder and looking back i can see this contributed to me ending up declaring bankrupt, i was wondering if there is anyone else out there who has gone or will be going bankrupt due to mental illness or even bipolar disorder?
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Potential Ipa or not
Mornin all. Long time lurker of this forum finally posting. Ready to sort our debts out. Took advice from national debt helpline and they have recommend bankcruptcy for both me and my wife. How likely is an ipa, are they strict with living costs. Thank you Dan
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iva misselling refund
Hi i need help on how to proceed please. iI had an IVA with Aperture which is now closed. I was notified that a misselling refund from my bank had been sent to Aperture, I understand this is the normal proceedure, Aperture replied saying they had no further interest in my Iva and would be sorting out refund. I have been in…
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before going bankrupt
Hi I have 25 k debt and planning to go bankrupt. My grandmother is living abroad and she is very old if something happens to her and I would need to move closer to her so I can help to look after her would I be able to make My bankruptcy payment or do I need to inform the OR if I get a job abroad to recalculate my…
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Finished IVA and receiving further PPI refunds
Hi All The IVA we had finished in 2019, paying back a total of 116p in the £. Every creditor received 100% of the money owed to them and the IVA company Aperture IVA received a significant chuck of money, which they did very little for. I am after some help and advice, since completing our IVA we have been made aware by…
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End of BRU... finally!
Hi My BRU is ending next week (after 7 long years... definitly feel I have served my time and learnt the incredible valuabe lessons it was intended to do!) I was wondering if there was anything I'd need to do to update the credit references companies? Or will it just drop off eventually? Oddly it comes up on some reports…
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Discharged
I was made bankrupt in 2019 and since was discharged 5 months ago. I’ve found it hard to find an answer so thought I’d ask here ; 1) When do my details get removed from google search of my name? It says 15 months from start of bankruptcy but mine hasn’t gone 2) I have a Natwest foundation account and am really wanting a…
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Bankruptcy belongings of the spouse.
Hi I am thinking to have bankruptcy. I have around 25k debt. My wife has a nice car a BMW from 2010. I don’t know if the OR would be interested in my wife car or not. I don’t drive never have and the car is on her name. We do have a joint account with a 300 overdraft.
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Car Advice
Hi, I am looking for advice please? I have a car on HP which if I go BR will obviously be taken but due to my works remote location I wouldn't be able to get to work with a car. Does anyone know what would happen please? (other than me loosing my job as I wouldn't be able to get there). Many thanks
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Creditors sold debt included in bankruptcy after order
Hi everyone, I was declared bankrupt on 15th January 2020 and I received a letter from New Day on 11th June 2020 advising that they had sold on my debt to PRA Group. I then received a letter from PRA Group advising me that they have bought the debt and referenced how much I owe them but outlining that it is not a demand…
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Failed IVA
Hi, I have recently been advised due to a loss of a job that my IVA will be be subject to a meeting of creditors. I feel now bankruptcy is the best option but I'm just wondering how long it would take to save for the fee? Or how long after the IVA is terminated that the creditors will come asking for money?
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pre bankruptcy preferential payment
Hi All, First thanks for all the support and help from you all. I have a quick question about pre Bankruptcy payments. When I lost my job i had no savings & last paycheque was non existent - my patents loaned me money for food, etc and i also borrowed some money from a few friends - I needed a suit for interviews etc. In…
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Declared Bankrupt December 2016, discharged 2017, just bought a house :)
Hi everyone, not hear to brag but wanted to share with you all that i just got a mortgage, with a 20% deposit, just over 2 years after being discharged :) Hopefully in these crazy times people will find some comfort in the fact that it is definitely possible, and bankruptcy isnt the end of the world!
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Bankrupcy qurestions
Hi, I am likely to going to be filing for bankruptcy in the near future after losing my job in February this year. Unfortunately, my debts are due to gambling. I wrote to my creditors in April and am writing again while setting up token payments in the meantime (although I'm not sure how much help it will be...). I…
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
