Bankruptcy & living with it

Hi,I was hoping that someone might have the answer, as I've not been able to find it anywhere.I am about to have a debt contribution order (DCO) set and submitted at zero as I don't have an excess income, but I want to find out once I have been discharged if the OR can set a new DCO if I later increase my income or…

I declared myself bankrupt on 26 June after a deeply traumatic family period that caused a failed business. My OR has asked me and my husband (who's not BR) to provide three months of personal and business accounts to show our spending and surplus. I'm terrified as my business has just collapsed due to Covid but due to my…

hi, Are benefits taken into account he gets PIP and private pension as well as RP what happens to phone contract and car we have on a rental agreement? Sorry for all the questions l am in turmoil at the moment - thank you

Hi all, Due to certain circumstances and where I am in life, I’ve thoroughly explored my options and I believe bankruptcy is the best option for me. Before I submit the application, I want to be in the best place to ensure it’s a simple and stress-free experience, especially when dealing with the OR. I have a few questions…

Hi all,I'm not sure if anyone can help, but I just got a letter from my OR saying that they are proposing to wavie the time limit to set a Debtor Contribution Order (DCO) as I was not interviewed in the specified time period. I wasn't aware there was a time period and I had an interview a week after they requested one, so…

Does anyone know anything about house repossessions. Quite a long time ago I went bankrupt, had my house repossessed etc. Everything has moved on since then but I am asking as out of curiosity I decided to look up what it was eventually sold for and there is nothing online. It shows the last sale as when I bought it 20…

Absolutely bricking it for tomorrow’s interview 😭 Hoping it’s a case of the thought of it being worse than the reality! I’ve got nothing to hide and have put everything on my form so hopefully all will be ok! 

Just had a missed call and a guessed could possibly my OR, so I dreaded phoning back but I did and she’s absolutely lovely to talk to,she’s arranged a phone call tomorrow night at 5:45 to go over every thing we me. she said what ever I do don’t worry about it all she said she’s not here to judge me or beat me with a stick…

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

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

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…

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?

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…

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

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

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…

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…

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…

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…

Weight off my shoulders now do I open a account?