-
Settled on credit file and credit in use
Read the sticky about cleaning up just unsure about some of my debts. All show settled within a few months of start of bankruptcy, but some show credit in use and some 0.
-
Car on finance seized
Hello, I went BR on the 20th of February. The OR stated that he was happy for me to keep paying the finance but it was up to the car company if they allowed this. I have called the company who said they have not received the report from the OR yet and when they do they will seize the car and take it back despite me having…
-
Car in bankruptcy
Hi guys, this is the second time I'm (possibly) looking at bankruptcy, me and my wife both went br in 2009 and now I solely am looking at it again....both were for very different reasons but this time round my wife only works 2 hours a day which covers the monthly payment on a loan in her name, I pay everything else out of…
-
Close to nervous breakdown
Anyone please help just gone bankrupt without going to stepchange I'm in way over my head I'm not sleeping or eating got paid refund of 4k paid parents back 2 and I've spent the rest i suffer from suffer depression and bpd I can get the 2k back from parents to give to or it's the 2k I've spent I'm worried about and in the…
-
Can my bank keep my tax credits if I owe them money?
Hi everyone I have been saving up for my BR fee and I'm finally almost there.... I've had some great advice on here from my previous posts and have spent the last month preparing for going BR. I have opened up a basic account with Barclays and have transferred over all my direct debits and standing orders. My salary, child…
-
Finally done it!! What questions will I get asked?
Hi, I have after months of worrying finally submitted my BR request and have had an email today confirming it. Can anyone advise me what happens next and also what questions I may get asked during my telephone interview? This is the part I have been worrying about the most!!
-
Council Tax - is it added to BR?
Hello everyone, looking for some advice please. I've been issued with a liability order, having been summonsed for non payment of Council Tax. Terms have been agreed for me to pay the full amount of £740 by tomorrow, pay day. I'm on the point of petitioning for BR, online forms completed, everything is ready to go but my…
-
Living in a caravan
Bankruptcy is looming and when landlord sold our house we moved into our caravan to minimise expenditure. We are registered to vote at sons house but couldn't live with him as no room. Does anyone have experience of filing for bankruptcy whilst living in a caravan?
-
MBNA have passed my debt on to Arrow Global
Hi all, This is my first post here so firstly, thank you for taking the time to read my post. So, I declared bankruptcy at the beginning of July following a long battle with mental health issues and a breakdown. This decision was not taking lightly and my wife and I sought help with CAB and the National Debt Helpline. My…
-
pcp vehicle
I am in the process of declaring bankrupt but I have a car on pcp. I am up to date with those payments but wanted to check if I definitely will loose the car or is there a chance I will be allowed to keep paying for it until the pcp runs out, I understand that I would not get another pcp but the finance company (black…
-
Wonga payment and discharged BR
I was BR in sept 2016 and then 12m later usual discharge - and no on going payments to make etc, it was a clean easy case. it all got written off. and part of this was wonga debt. and just been building up things with a better mindset etc after.. and doing fine after it. i was contacted by wonga and filled forms etc, about…
-
How likely is the Court to force bankruptcy.
Hi All Some years ago I was in a financial mess after my business failed my sister died and my long term Partner left me and I just packed a bag and moved to Spain leaving behind a hotel which had a large business loan on it. ie £113,000 . I moved back last year assuming I may have been made bankrupt in my absence. This…
-
Discharged! Now to rebuild
Hi all, We're both discharged!!!! Now, time to rebuild. I'd like to open a credit card to use and pay off in full, monthly. I'm still under BRU, so I think the limit of 500 pounds credit without informing the creditor still stands. My question is, a lot of the online applications just tell you the credit limit, you can't…
-
post BR advice
hi all, I get discharged form BR on Friday 5th and wanted to some advice as to what next. I saw the sticky board thread and was a little overwhelmed with it. so can anyone help? what Dom I do regarding my bank acc? its a basic foundation acc at moment so do I request a change or will it happen auto? if so when? when do I…
-
CAB recommending bankruptcy (SOA page 3)
I have been paying off my minimum payments and paying extra when I can afford to on all of my credit cards. I have never missed a payment. My ex is now wanting half an old loan paying which I cant afford to contribute to (it is in joint names and I understand that I am liable for this) This means I earn approx 13k a year…
-
Bankruptcy help
Hi 1st post so please bear with me in got made bankrupt on the 17th of February,I had a dro but received a ppi refund which meant dro ended so with the money I received i paid bankruptcy fee and gave the rest of the money to family that I owe thousands too I never heard of preferential payment until the or said where has…
-
Early termination fee
I am considering leaving my job and my car scheme at work has an early termination fee clause. I am worried they may take this from my final pay cheque, leaving me uanable to pay rent or bills or buy food. As a BR, can they do this?
-
Need to go BR - Mental and Physical Health Destroyed
Hi, I have the following debt: 22k credit cards and overdraft nearly 3 years commercial rent warehouse with personal guarantee £2.3k a month nearly 4 years commercial van finance with personal guarantee £1k a month Have been running a business for about 4 years but mental and physical health been getting worse. Took on the…
-
Property charging order following bankruptcy
I filed for bankruptcy in 2018 and am now discharged. I have today received a copy of a charging order application under section 313 of the insolvency act with regards to a property I own with an ex boyfriend. I haven't lived at the property in over 10 years, I haven't paid towards the mortgage in that entire time as he…
-
Council tax
Hi I was declared bankrupt in May 2014 for 12 months until May 2015. I had a property that was handed to an LPA receiver until the property was sold in March 2015. I now have a council tax bill from October 2014 to March 2015. Am I right in thinking that as I was still in my 12 month bankruptcy that I am not liable for the…
Discussions here cover two debt management solutions - Individual Voluntary Arrangements (IVA) or Debt Relief Orders (DRO).
7.1K discussions
41.1K comments
Most recent: DRO and ballifs by ToxtethO'Grady
11 December at 1:10PM