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Bankruptcy and selling a home
I went bankrupt in 2012 and am now discharged. The house i had with my ex.partner is now being sold. Am i entitled to claim share of equity in this? I havent resided or contributed to the mortgage since 2010.
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My soa help
I have just done a soa ready for when I declare bankruptcy could any one please have a look thank you All debt in my name number of cars owned(car is in my wife’s name we got it 5 years ago value around 1400 half mine as well) partners income is 50% of her wages she has her own debts other income £200 our sons lodge money…
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Post-IVA Windfall.
In February of this year I completed my IVA. I had paid the full six years and raised a lump-sum via an equity-release mortgage. In total I have paid off about £36k of the £49k original debt (75%ish). I recently received a letter from RBS acknowledging (rather late in the day) that they do owe me a refund for PPI paid on a…
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Redundancy
Well since I posted yesterday about how to split our income - I have been told today that I am being made redundant on the 12th August - so all change. Can anyone advise how this will work now when I press the button which will be in the next week or two. Will the OR take all the redundancy pay I get - and leave me nothing…
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Help regarding credit post bankruptcy
Hi everyone, I was recently discharged from bankruptcy at the end of May. My Credit record updated automatically to say that I have been discharged. However, none of the original debts are showing as settled or partially settled. They all show the full balance still and when I click on total money owed, it still says the…
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Want to open joint account.
Hi looking to open a joint bank account, we are both BR which is best to open.
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Advice on Ipa
Good morning, I am fairly certain i will be going down the bankruptcy route with debts of over 50k bu would like to know the likelihood of ipa I would like to avoided this if possible so i can properly move on and have a fresh start after 12months. Are they strict with expenditure. Really nervous About the whole process.…
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Mortgage 48 months post bankruptcy
Hello everyone. I'm soon coming up to being 4 years into my 6 year bankruptcy declare period. I've been in very stable employment for over 2 years now and have saved enough for a 20% deposit on a £60k property. I have also been steadily improving my credit score since the bankruptcy with the use of credit cards (Aqua and…
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Contents Insurance
i informed Swinton that I have been made bankrupt as per the T&Cs of the home contents policy and they said they will no longer be able to offer me insurance as of today. Apparently I’m higher risk all of a sudden. So then.... who do you use for your home contents insurance after bankruptcy?
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Bankruptcy Advice needed
Original post way too long (sorry !) anyway both me and my husband will be declaring soon - me first - currently he gives me a set amount £600 towards bills etc and I pay everything - do I show this on my statement as "income" and then when he submits later he does the reverse and shows this as "rent/board' to balance it…
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Clean up?
Hi, I was hoping someone here could advise. I’m almost 7 years post bankruptcy and last year everything dropped from my credit file and I’ve checked all credit reports, there is nothing that was included in my bankruptcy on there. I’m conscious that I didn’t ‘clean up’ my credit file though and I now want to get a…
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Husband and Wife Bankruptcy - and general advice needed please
Hi - both my husband and I are close to pressing the button to submit bankruptcy applications - I have one payment left to make and he has to find all of his over the next two months - so it is likely I will do it first. How do we split the budget ? I normally manage all of the household bills and he simply transfers a set…
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Advice Needed (Council Housing)
Appolgies, but this has nothing to do with bankruptcy. My Dh and I are corrently registered with home select (for council/Housing authority housing). We made a bid (showing interest) on a 4 bedroomed house last Friday and we are in que position 6. This afternoon while I was picking my dd up from school there was a visit…
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Bankruptcy nuts and bolts of it?
What is required to actually go bankrupt? do you need up to date balances and loads of details of all your debtors or does it automatically cover all debts? how do you go about including all the future council tax for the rest of the year?
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DRO application, the nuts and bolts of it..
How does one actually GET a DRO if they have downloaded and completed the application form? Does it have to be posted off and if so, how and when does the fee have to be paid? cheers Stay safe pumpkins, summer is coming
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Mortgage Questions
Hi all, I was hoping someone could give me some advice. We are now almost seven years post bankruptcy but I’m a little stressed about our chances of getting a mortgage. I have just completed a Masters and halfway through the course my funding was pulled. As I had good credit at this point I got an interest free credit card…
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bankruptcy and using old credit card
Hi, I was declared bankrupt, well, accounts frozen then I can use my debit card for salary, etc. I had two credit cards from Lloyds and Nationwide with nill balance, still showing when login to their online site. I called Lloyds this morning if I could use my credit card again and the lady said it's been referred and the…
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O2 upgrade
has anyone upgraded their mobile phone whilst bankrupt? I had my o2 contract done through the Carphone warehouse and o2 keep offering me an upgrade now with no costs for renewal with them. I have read on forums that o2 don’t credit check existing customers when upgrading if payment history is good and the cost is the same…
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Insolvency
Firstly, would you advise using an agent to handle a bankruptcy, or doing it yourself?
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It's complicated
Hi, I just wondering if anyone can help / advise me. Long story short I split up with my ex approx 7yrs ago, he left and I took on the mortgage and secured loan fir the property which is in joint names, I haven't been able to remove his name from mortgage due to initially home being in negative equity and then I've ended…
Discussions here cover two debt management solutions - Individual Voluntary Arrangements (IVA) or Debt Relief Orders (DRO).
