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Getting nervous now!
Well I’m almost ready to press submit, will be on Monday. Tomorrow all my loan payments will be unpaid. I have already missed this months payment to Very and Next. I am using this money to pay the bankruptcy fee. Very have already sent me 4 reminder texts/emails since it was missed on Monday. I know this is the right…
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DRO and beneficial interest
Good morning, I was hoping for a little bit of advice. I will try to keep it short. I’m a sole trader and due to Coronavirus I now have very little income and I don’t see this changing anytime soon. I have explored all government options and possible benefits and the only option to me would be a loan. I have around £19000…
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Expenditure For BR Advice Please
This is my List as per my BR Application, does it look ok? anything i should try and change if im able during my phone interview? Income £2011 per month Expenses £1823 month Home and utilities £981.00 per month Rent £ 700.00 per month Building and content insurance £ 27.00 per month TV licence £ 13.00 per month Council tax…
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Bankruptcy
Hi , Can someone please assist me ... my question is .... I purchased a suite of furniture from a company and it fell apart after six months ... i am from ireland but the business is in uk .... i have taken him to the small claims court and got a reply back that he is gone into Bankruptcy ., But he is still conducting…
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Laid off
My partner had 2 weeks paternity pay and then was told he would be laid off by his boss until he had enough work. His boss paid him one weeks statutory lay off pay and then asked him to work again. He has done a weeks work but hasn’t been paid and his boss is saying he has to work a week in advance again even though he…
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I need help. Bankruptcy discharged mortgage 2nd job”
Hi all. Where can I start. I’m new to this. I’ve got couple of questions. “Bankruptcy discharged mortgage 2nd job” I was made bankrupted on the 4 July 2018 By the HMRC due to a 70k debt which didn’t include other debts. I haven’t got any confirmation that I’ll be discharged from bankruptcy. Here’s the time line * declared…
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Bankruptcy, Future employment
I am currently on benefits and may apply for bankruptcy. If within the first 12 month BR order period, I find employment and start work, can the OR discover this fact if without my telling them ?
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OR interview
Myself and my husband applied for BR on Monday which was approved on Tuesday so now we are waiting to hear from the OR. I'm absolutely dreading it. I know everyone probably does but I am currently suffering extreme ill health, physically and mentally including severe debilitating anxiety. Am I right in thinking, under…
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SOA/BR form question!
Hi all Got another question to ask before pressing the button! I did a SOA then tweaked it a little for the actual BR form but the figures I put in still result in a minus of £145 approx per month between my incoming/outgoing totals. Probably a real daft question but should I do it so that they tally i.e. no deficit but…
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Advice
Can anyone pls help/suggest: My husband was declared bankrupt in 2010 due to a single unsettled debt. Following, a trustee was appointed. In 2011 my husband was discharged from the bankruptcy. We both had jointly owned properties. The trustee has taken possession of all the properties and recovered the funds. We have lost…
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old Bankruptcy
Hi Guys, Looking for some advice with something thats bugged my family for years, my parents business went bankrupt some years ago, were talking early 90's, but they dont seem to know who they owed or how much they never got a breakdown ?? There seems to have been so much money over years that has gone or they have never…
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BR Friendly Bank Accounts ~ [Updated Sep 2012 re: Co-op Cashminder withdrawal]
With immediate effect (from September 17, 2012) the Co-operative bank is no longer accepting new customers who are un-discharged bankrupts, this decision does not affect the bank's existing customers. > The Co-operative Banking Group - News 2012 Since the recent press release the Co-op has assured other posters that if you…
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Struggling to get credit 3 years on
Hi all I was discharged in May 2017. Since then I have had 2 pre approved cc vanquis and capital one both are used frequently and cleared each month to try and boost my credit score which is raising. However when I try and open an account with say very, studio, jacamo with an order of under £150 I'm rejected. Has anyone…
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Adverse mortgages
Hi everyone, hope you are all well. Not the best time for asking, but does anyone have an idea what deposit would be required and what rates would be at this present time for a 2 year, discharged bankrupt? And if you could, what that would look like at 3 years discharged? Thanks
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HMRC Bankruptcies
I was Share fisherman and never filed my tax returns. I changed jobs in 2012 and went PAYE. I buried my head in the sand and now it has all caught up with me. I recently found out the HMRC have filed a petition and are making me bankrupt. I am working now and I earn an ok wage. I called HMRC and ask to pay a percentage of…
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Discharge certificate
What is the quickest way to get a bankruptcy discharge certificate and whats the average time scale please Many thanks
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Moved: Financial marker
This discussion has been moved.
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Bankruptcy while furloughed, SOA Q
Hi I posted here in Feb and decided bankruptcy was the best route for me. If I push the button this week do I complete the SOA with my furloughed income and outgoings or my usual? Obviously my furloughed ones probably paint a rosier picture as no school costs/entertainment lower petrol bill etc Any advice appreciated
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IVA - Ive been asked to lie!
Hi there Can anyone offer assistance please? I am currently furloughed on the JRS and will receive 80% of my salary. Prospects in my industry are not great and I fully expect that redundancy is my most likely outcome, however I cannot predict the future! I was already struggling massively with debt and had missed payments…
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New bank account not basic....
I’ll be submitting my bankruptcy application on 2nd May once my household dd have been paid. I applied online for a Barclays basic account and moved all my income and house direct debits to secure my income as I was with Natwest with a large overdraft and didn’t want to be left without any income for the essentials. I have…
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
