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IPA agreement before discharge
Hello, I just wanted to know what the likelihood is, if no surplus income IPA was set at the beginning of bankruptcy, is it common for the OR to apply one at a later stage? And what factors would cause this? Thanks
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Insolvency Register Updates
I am due to be discharged on the 6th and was just curious as to when the register will be updated to reflect a discharge status? will it it be at Midnight on the 5th/6th or midnight 6th/7th or does it take a couple of days to change
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Water bill
Morning! I have just had notification that my water bill (rates not a meter) has been included in my bankruptcy. I was paying by direct debit and was up to date with all payments. United utilities have set up a new account and transferred all payments made since my bankruptcy across to this and the new bill is zero. Do…
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IPA
How is an IPA worked out? I am about to submit and have just had a pay rise earlier than expected. Do they take what is left after your outgoings plus what you would pay for debt and take what is remaining or do they take what is left after the outgoing only?
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Help and advice needed
Hi, I’m in hell and can’t seem to see a way out. When I was 19 my parents pressured me in to taking out a joint mortgage with my mother to buy a house as my dad had debt and wouldn’t be accepted. Young and stupid I agreed. Throughout the next ten years, my mom racked up 50k debt going on multiple holidays a year, credit…
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Universal Credit Back payment
I’ve just been told by UC I’m due a back payment as should have been having help with my housing for the last year!! I have no IPA, will the OR take the whole amount I’m due? Thankyou
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Thank you every one
Big thank you to every one on this forum for your help, wish I had on declared br 20 years ago. just count the weeks down now and it will be over
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NT tax code Q
Hi everyone So I went BR on 1st June 2020 and got an NT tax code but I've just been made redundant, will that tax code still apply when I get a new job until April 2021 or does it only stay with the job I had? Also I have been unable to get through to anyone at British Gas who can help me with setting up a new account…
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NT IPA Agreement - Bonus
Hi everyone, I was made bankrupt and signed a NT IPA Agreement until the end of the current tax year, I don't have surplus income so I didn't need to sign a IPA for any surplus to be collected each month. I was just wondering about my yearly bonus, if I received a £1000 bonus, I would inform the Official receiver as soon…
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on IPA and partner started gambling
to make long story short, I’m on IPA until this year December . Moved in with partner last year October , therefore IPA has been reviewed .This year due covid partner had no work so I paid full rent rather than my part only , it has been agreed with OR so I had 3 months payments wrote off. Partner came back to work and my…
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Debt still recorded with QuickQuid
I was discharged from bankruptcy January 2020 and have been working on cleaning up my credit record. One of the debts still showing as outstanding is with OnStride Financial (sold from QuickQuid) who have now gone into administration. Is there a way I can get them to show my debt as settled on my account? I have already…
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Just been declared but open account now?
Weight off my shoulders now do I open a account?
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11 year old bankruptcy
Hi My wife was bankrupt in December 2009 and discharged 12 months later. After being refused for credit a few months ago she checked her credit file to discover that one company from the bankruptcy had put default back on her file in 2018. After contacting the company they said that this had been done in error but would…
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Underpaid Tax after discharge
Hi, I’m hoping someone may be able to help with this one. I was discharged from bankruptcy 1st January 2020, and as declared bankrupt 1st January 2019 - I have received a letter from HMRC saying that I have underpaid tax in year 2918/2019 by £2300, I believe this may have something to do with the nil tax code I was on.…
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CCJs after discharge.
Hi apologies if this has been answered many times. Can I chance CCJs to be marked as settled or are they set in stone until 6 years is up?
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Positive bankruptcy post
hi all, just wanted to share the fact that being declared bankrupt on the 26/05 was the best thing I could have done. i am back to me! And what a lovely feeling it is! Thank you for all the advice given. It sure wasn’t scary at all and got to keep my car. Life is just great with no debt stress!! Literally a clean slate…
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Limited company being sued
my husband and I are directors of a limited company and he is being sued in a dispute of bad workmanship, can he be sued both personally and through the company and is my house under threat if we lose ?
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Just clicked submit
So scared I have just clicked on submit for my br application
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Old bankruptcy
Hiya Not sure if anyone has any idea, but I went bankrupt approx 20 years ago, I have moved several times since then so don't have the official documents, does anyone know where I could find the date and reference number for when I filed for bankruptcy all those years ago? Thanks
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New to DRO please help
Hello This is my first time posting. I had a debt management plan with Stepchange and have kept up my monthly repayments. My circumstances have now changed due to a mental health breakdown and marriage breakdown. Since my DMP, 4 additional loans have been taken out in my name and I’ve signed them whilst under influence of…
Discussions here cover two debt management solutions - Individual Voluntary Arrangements (IVA) or Debt Relief Orders (DRO).
7.2K discussions
41.6K comments
Most recent: How's your experience been with a DRO? by elsien
26 August at 8:45PM
