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Money Judgement ?
Hi all I declared my self bankrupt in Dec'18 and discharged in Dec'19. Now, I just have been offered affordable housing from the a Housing Association. Housing officer sent me a long application form to complete via online. While, going through I found in the declaration form saying "Had any legal action taken against you…
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Barclays say I can claim my PPI
I'm a bit confused, I suddenly had all these letters from Barclays yesterday saying an independent company called Alley started the ball rolling for me to claim PPI on 26 different things like loans, credit cards etc I had over the years before I was bankrupt about 11 years ago. I rang the number on the letters, and they…
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Change in benefits and existing IPA
I went bankrupt around 18 months ago Currently pay £70 pm IPA Previous income Wages £530 4 weekly Working tax credits £95 PW DLA £330 4 weekly (high mobility, low care) I've just been moved onto pip and been awarded enhanced daily living and standard mobility which has increased my PIP benefits by around £110 every 4 weeks…
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Soa for Ipa purposes
Hi all My husband and I are both declaring bankruptcy next week and are worried about an IPA. I know we both have to go bankrupt separately but from what I've been told the separate IPA's will be looked at with our joint income is that right? I've done a SOA and would appreciate any advice I've not included all the debt on…
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Affording Bankruptcy
I've been trying all sorts of ways to raise money for the fees involved for my partner and I to go bankrupt, including setting up a justgiving page! But other than that, any advice? :)
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Dro and current bank account
Has anyone opened up a current bank account before a DRO and haven't had it downgraded or frozen? I'm currently with HSBC but they will be going down as creditors. I've also got a Co op cash minder account that I use for Bills only. ( I have no debt with Co op ). I have just opened a nat west current account but I've heard…
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DRO or DMP??
Right me again... I'm actually now unsure whether I should do a DRO. I've got a total of 5k in debt. It will take me around 5 years to clear at what I can afford on a dmp. Now would this be better than a DRO?? I guess that credit falls off 6 years after default. So wouldn't this be sooner than a DRO if I have already…
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IPA & Tax Code. What it means for me
Hello everyone I have a question about my tax code and paying an IVA. I currently earn around £360 per month working part time - when I filled out my I & E form, it was evident that I would be around minus £430 just to live so the OR told me that I wouldn’t need to let her know if I did overtime unless it was over £430…
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Debts
I am going to petition for bankruptcy soon due to spiralling debts but I can't work out how much I owe as most of my debts have been sent to collection agency so not sure how to find out, do I have to phone them, which I'm not too keen to do I've checked my credit report and they no longer appear on there. Any help welcome
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Bankrupt and Repo - Can we get a mortgage?
Hi, My husband had a repossession over 10 years ago and bankruptcy 7 years now. He now has an excellent credit score with no debts. I am slowly building up my credit score and am currently fair. He earns £45k a year and I earn £33k but have £15,000 loan. I did stupidly take out a payday loan a year ago. Would we be able to…
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CCJ 3 Years after Bankruptcy
Hello, I really need some help please as I'm a bit stuck and not sure where to turn to. I filed for bankruptcy back in December 2016 and was discharged in December 2017, 12 months later. Last week I checked my credit file and noticed a new CCJ was issued on the 31st July 2019 by the County Court Business Centre. I promptly…
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My bankruptcy is still haunting me
Hi everyone, Would be incredibly grateful for your advice regarding a really tricky situation that I am in and one in which I feel I might and should have a case against. Unfortunately, I went through a difficult time many years ago, and was previously declared bankrupt (for ~£15,000) back in April 2009. I still have…
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Discharged Bankruptcy and SC Vetting Clearance
I know this has been asked several times before, but I can't seem to find a definitive answer, maybe there isn't one! I have an interview next week and if successful the post requires SC vetting clearance. I was declared bankrupt in April 2018 and discharged April 2019, so only 9 months ago. Just wondering if i am wasting…
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Equity in Property post bankruptcy
If I had about 3k equity in my property, would I be forced to sell to realise this amount? What costs does the OR take into account before deciding on how much equity there really is? Do they take selling costs etc into account?
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Buying house equity from Mazars
Hi All Have been a keen lurker for a couple of years and have gained a huge amount of knowledge from the board before and during my bankruptcy. I am discharged next month and everything has been pretty smooth. The only outstanding thing I need to sort is the equity in my house. I jointly own the house with my wife and it…
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Newly bankrupt - quick question
Hi all, Hope you are doing well. I had a quick question. I received a letter from HMRC this morning and don’t know what to make of it. The situation I was declared bankrupt on the 14th of December 2019. I had left my employment on the 30th of November 2019 and received my last pay on the 12th of December which covered me…
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Before I press the Button..check list?
Hi all I have just a few more important questions to ask before I press 'GO' and wonder if there is a final 'check list' to go through just to see if I have missed something? The following questions are the ones that concern me the most and if anyone has any advise I would be VERY grateful. I"m just fearful of sending off…
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How far back will OR go?
I want to prep for my interview with the OR as want to be able to answer any questions they may have. Can anyone tell me how far back they might go and also what sort of questions they are likely to ask?
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Filling out BR form - Help!
Hi everyone I've just started my online BR application and have already got stuck :( I have three children, 21, 18 & 13. Both my eldest children are at University but are at home for 4 months per academic year and during this time are financial dependent on me alone. During term time they both live off their maintenance…
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Where to start? Help with SOA/BR
Hi there I am new here and would love some support/advice around how to go about dealing (finally!) with my debt. Very briefly, my debt has accumulated since my divorce and has been the result of having to 'top up' my outgoings every month for the last 12 years. I work full time and have raised 3 children, 1 of which is…
Discussions here cover two debt management solutions - Individual Voluntary Arrangements (IVA) or Debt Relief Orders (DRO).
