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NT tax code
Hi all Some months I dont pay any tax and other months I pay about £40 (depending if it's a 4 or 5 week month) so if they put me on an NT tax code when I go BR next month will there be a way of me knowing how much tax I would have paid that month? Ie is it marked on my pay slip or something? Thanks
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Council Tax AoE and other stuff
Good afternoon, I have been having a long drawn out debate with the lovely man at my local Council office with regards to an Attachment of Earnings order I had with them. Now, I went BR on 12 Feb, an AoE payment went out of my Feb pay, it was sent on the 13th Feb and subsequently received by the council on the 17th Feb.…
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Natwest Contact less card
Hi. I've downgraded my natwest account to a basic select account with no overdraft before I start my bankruptcy. I've seen other posts saying they wont let you have a contact less card when your bankrupt. Is this true? Should I order another card before hand so I can still access my account? Thanks
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Confused about calculations of income/expenditure, and shared liability for my own debts with wife?
Hi! I have posted here before briefly but that was very early into the journey of seeking help. I have now had my 3 meetings with CAP who have proposed a budget based on household income/expenditure, e.g. my wife's income and my student bursary/maintenance loan. An important note here is that all debts are mine except for…
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Help please........IVA or BR for me please.....
Hello everyone, Please can someone shed light on this dilemma. not sure what debt plan to go for I earn about £541 extra a month and then often £300 a month in irregular overtime for NHS and I have to do it! And thats ok...but id keep some in an iva....so.BR or IVA..:) thanks [font=courier new][b]Statement of Affairs and…
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Off Set and Sequestration
Hi, I got a company to pursue some ppi's I had with RBS - some from over 20 years ago. RBS have come back with about £7k of offers.The PPI company get 10% (I know,I know ! ) I received a letter from RBS this morning saying they were going to pursue/look into offset because of my sequestration.My bankruptcy/Trust Deed was…
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Sale of Repossessed Property
The
Bankruptcy Trustee announced last month that at long last they are
going to sell the two houses which they have been letting on behalf
of Mortgage Express. Although I have an alert
on Zoopla and I've looked at several Auction Houses I can't find them
advertised anywhere. Do Bankruptcy Truistees
have some sort of Estate…
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Spending money before bankruptcy for repairs
Hi - I am preparing to file for bankruptcy in the next month or two once I have saved the money to submit - however our shower has just packed up and I was wondering whether I could use some of the monthly excess £ (as not paid my creditors this month) to replace the shower unit. Approximate cost to replace and fit is…
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Diary of a broken gambler
Hello all, I have been lurking on these forums for a while - I got some great advice here a few months back but stuck my head in the sand and carried on. Now I am going to face up to things and sort them out. I wanted to create a diary as such of my progression through BR as someone whose reason is Gambling. Please note…
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Timescale
Morning people Can I ask about timescale I was made bankrupt on the 17th Feb had phone call from examiner on the 21st Feb sent forms back a few days later haven't heard anything since is this normal? On letter from or it said didn't need another interview but might get a questionaire does anyone know how long that can take…
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newly discharged
hi all I was discharged couple of days ago and want to ask what now? will I get any notification via email or phone call? will I hear from anyone again? I had my interview with the bankruptcy people last year then not heard anything ever since. is that it? do I just "crack on" for next 5 years before my credit file…
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Do I suck it up and opt for BR if my creditor won't budge?
Long story very short, I've just been landed with a Stat Demand for £33k by a single creditor. Not a financial institution/gambling/retail. just a legal bill I can't settle. I've already tried to make appreciable payments towards it (was originally £45k) but they've failed due to irregularities in my self-employed income…
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Best IVA Company
Good evening everyone, Please could you help me out with your experiences of different IVA companies. I don’t want to choose a cowboy untrustworthy company. Thank you.
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To default or not
Hi guys, i could do with some advice. I've been given the option to default on one my credit cards because it has become very difficult to keep up payments. I have spoken to the credit card company about it and that I suffer from mental health problems. I'm currently barely making the minimum payment and due to my credit…
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Bank Account Question
I am preparing to go bankrupt - once I have saved the fee - and I have already opened an new bank account with the Coop and moved my salary there and all of the essential direct debits. If once I get paid i press the button on the application - and there is money in the coop account (to pay for the essential dd's - rent…
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Frozen bank account
Just wondering how soon after getting the BR order email your accounts are frozen? Thankyou
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In limbo
So I submitted my application, had a response back on the 5th saying approved and since then nothing. I'm still getting payment demand letters, emails, texts from creditors. Which I'm not stressed about as I've personally seen my name on the insolvency list. So I know it's real. My current account is still active, it's on…
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Lack of contact
I'm a bit concerned about the lack of contact I've had from the OR since I was made bankrupt in June 2019. I originally signed a council tax and NT code IPA, but this agreement was only until Jan 2020 which has now passed. My tax code from work has not changed to NT and I have had no contact instructing me to pay the…
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Lowell - Credit File Clean Up
I was discharged from bankruptcy in October 2019. I'm trying to clean up my credit file and Lowell are showing that I have 2 open accounts with them. Both show a default date going back to 2015 but they both show as 'open' and have a balance next to them. I contacted them via email to close the account and update them and…
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My bankruptcy & the affect on my wife - Halifax have issued a default against her!!!
Hi everyone. As the title suggests, I have recently been declared bankrupt. So far it's been totally fine and actually quite a relief but we recently found out that Halifax has issued a default notice on my wife's credit file because of our joint account. They did not get in touch with me (or her) to discuss this or ask if…
Discussions here cover two debt management solutions - Individual Voluntary Arrangements (IVA) or Debt Relief Orders (DRO).
7.3K discussions
41.8K comments
Most recent: DRO Approved - Pay rise and Universal Credit (joint) by sourcrates
27 February at 1:12PM
