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British Gas
I did have £200 owing to british gas (for usage, not non payment) so they increased my monthly payment a bit to cover my usage and pay back the £200. Today I've come home to a bill saying my new monthly payment is doubling and I'm £300 in debit. How does this work with bankruptcy when I push the button next month? Is the…
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Pension scheme Bust
Hi My Father paid into a pension scheme for 25 years and was then told they had gone bust. Is there anything he can do? Thanks Jen
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Bankruptcy and furniture
Hi, Do I put my furniture - tv / sofa down as assets? Is the OR interested in what these cost? Thankyou
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Bankruptcy, OR bank Accounts.
HI: I'm considering declaring BR. I need to know if I d not declare all my bank accounts to the OR, do they have any means of finding out which banks I have accounts with ? Is there like a central database of bank account numbers that they can access to discover such information ? I hope someone here knows the answer to…
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Swapping energy supplier
I’ve just made bankrupt and forgot to add my utility company. Once I do this, I know it’s very likely they’ll want to install a pay as you go meter. I desperately don’t want one installed. Has anyone been in a similar situation and swapped to a new supplier without having to agree to a pay as you go meter please?
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forfeiture clause
I was made bankrupt in 1995 and will turn 65 soon. I have found out that I was never discharged and that it was held open "indefinitely" according to the Insolvency register. I have no idea of, nor can I recall, of the reason. I have also found out that I have a works pension due which could pay out 18k tax free. The…
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SOA and buying tools for my trade and other professional costs.
As im self employed working in the construction industry where on the SOA form do I enter monthly tools for my trade,accountancy fees and other professional costs ?
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Engagement Ring
Please could anyone help In September I bought my girlfriend an engagement ring on interest free finance, could anyone please advise, if I go bankrupt would I need to return the ring? I haven’t proposed yet so it’s still in my possession. I pay £38.00 a month and when I checked my credit file last week, the finance…
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Adding Bankrupt partner to account
Hi Looking for some advice please? My wife went bankrupt and came out her first year in January. Up to this point we have never had any financial ties and I have a good credit rating. Now that we live together and she has come out of the bankruptcy, recognising it is on her file for 6 years, it would be practical to have a…
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nearly discharged and best decision ever!!
hi all I am currently 3 weeks away from discharge from BR and honestly say its brilliant for me, all the stress gone. I was first looking at an IVA due to not understanding the processes and was quickly hounded by several Iva firms trying to convince me to go with them. a chance conversation with a solicitor next door…
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Do I tell my creditors?
I've taken the plunge and filed for bankruptcy today.. I'm currently receiving calls/letters daily from my my creditors for missed payments.. I have answered one call but refused to confirm my identity as the bank couldn't prove it was them that was calling.. (I'm sure it was though) Now should I contact them and say I…
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IVA help please
So, I’ve been a bit silly. After losing my father suddenly I had a bit of a mental breakdown and managed to get myself into 20k debt over a couple of credit cards and a loan which I took out before he passed away. My circumstances changed very quickly and I found myself falling behind with payments. I did an online thing…
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Bankruptcy, IPA, TAX - HELP!! :(
Hello everyone. I am new to this board, maybe someone can help me :) . I went bankrupt this year and did not have enough income to have an IPA but the OR did say I may be chased in about 4 months time to see what my situation is, apart from that everything else was a little vague. I have received a letter which I need to…
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Employment and Insolvency/ Bankruptcy
Hi all, Posting this here as I am hoping someone will know. Once you have been discharged from being insolvent or bankrupt can you work in crime prevention roles either publicly IE police or privately with companies such as banks, payment processors and companies that work with other companies regarding corporate crime…
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advice - no longer req
Apologies I’ve removed my post
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How long for BR order to be granted
Hi everyone, I submitted my BR application a couple days ago and just wanted to know how long it took for people's to be granted. I have no home or assets so shouldn't be too complicated. I only ask as I've got creditors including enforcement agencies now chasing me for the debt and I don't want any showing up at my home…
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IPA after discharge date
Due to be discharged 25/02/2020.
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Taxi driver
hi there everyone , im a ph driver also looking at going bankrupt . I have about 20k debt and I own my own car worth about 5k will they try to take this off me … can anyone give me some advise plz
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Debt free at last
I've seen
a few of these posts over the last year so thought I would add my story to
hopefully give others some hope. First, a year seems like forever when it's in
front of you and a week when it's behind you! After
much deliberation and thought I declared myself bankrupt on 18th February 2019,
debts had been eating away…
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nearly ready to go Bankrupt, any taxi drivers out there
hi just got off the phone from cccs waiting for a call from the bankruptcy support team, really going to go bankrupt. Scared to death for various reason s like the loan I took out a few weeks ago to live on when my tax credits stopped, was going to repay it from my whip lash money but advised not to as can also be seen as…
Discussions here cover two debt management solutions - Individual Voluntary Arrangements (IVA) or Debt Relief Orders (DRO).
