-
Bankrupted with Financial Control Conundrum
My creditors are my sisters who I took to court because the evidence I have is that they have been Trustees of Trusts and have been dishonest. Despite (amongst so many other things) it turning out that there is another Trust, the judge believed they are really honest people who would not deprive me of my inheritance, at…
-
CVL/inheritance
One of my sons has come to the end of a CVL (creditors vol liq??) and 'seems' to be completely free of his Ltd Coys massive debt.(Sole director). Bar any future credit reference problems, it seems amazing that you can avoid a debt of this size. (Incls HMRC, paye, bounce back loans {no director guarantee!). If it was a…
-
Pre-Employment Credit Check - Ex Bankrupt
Hey All, I’ve just been offered my dream job after building up my career following bankruptcy 9 years ago. This is the first time I’ve experienced this but the offer is subject to satisfactory credit history (not financial services industry but a fairly senior management role). My credit report is clean & the bankruptcy…
-
Huge debts.. Desperate for help and advise
In 2021 I set up and ran my first business which ended in disaster and has landed me with huge debts. Some of my debts are from my first year trading as a sole trader and I have full liability. I switched and traded as a company in my second year and the company is also being persured for other debts, some of which I have…
-
Which company to use for DRO
hello, I’m currently in the process of applying for a DRO. At the moment I’m dealing with Citizens Advice and have been since February. My original case worker has left and I’ve been passed to someone else who has been very delayed in sending out the paperwork. I finally received this last week after waiting 5 weeks for it…
-
IPA
I am trying to remember the timeline of what happened in my B I feel like there were some discrepancies on my B form and the IPA - i.e i had put on the B an expenditure but that had changed in my IPA Could anyone tell me how long an IPA last- i recall three years? Does it usually start from the date of declared B. Also is…
-
Bankruptcy
Sorry for the rant Why is bankruptcy so complicated, I thought the whole idea of going bankrupt was to finally have peace and be able to move on I cannot understand why there is nothing in place to help you when you have issues with your trustee mine will not communicate or provide me with relevant information my requests…
-
Coming up to 6 years, what's next?
After a great financial history, buying houses, doing them up and selling them to climb the ladder, responsible management jobs, but health failing, losing my parents (adding inheritance to good savings), owning my own business, I allowed my boyfriend to take over managing my business because I was really struggling with…
-
I+E during first year of bankruptcy
Hi, has anyone had any experience of being asked for an income and expenditure form during their first year of bankruptcy? Is it hit and miss or is it done say 6 months in?. Cheers.
-
IVA credit file
Hello looking for some help as I’m going round in circles with Equifax and pay plan. in 2022 I signed up for a Iva it went to court and got it setup I never made one single payment and I cancel the IVA a day after it went to court as I managed to setup re payments with the companies I owed money to which was a lot more…
-
DRO and bank frozen help?
I started the process for a DRO last week. They advised me to open a new bank account as my overdraft with Halifax would be listed in the DRO so my current account could possibly be frozen or closed. I applied for a new bank account with First Direct on Friday 19th April, I didnt hear anything back until Tues 23rd, and…
-
Bankruptcy question
I have a very close friend who is considering bankruptcy as his only option. He was renting privately but due to a breakup he couldn't keep the rent payments up so gave notice to the landlord. He bought a cheap 20 year old static caravan through 2 separate loans which was fine until last month when he was made redundant. I…
-
Assignment of deed
Hello all, Back in 2009 I declared bankruptcy which was discharged 12 months later. I am now in an inheritance dispute with siblings and I have prove that the trustee in Bankruptcy is not interested in the property which i was beneficiary too at time of B but I didnt declare it as it was still unsure who were the…
-
IVA Settlement Question
Hi, My partner is due to settle my IVA soon and the creditors meeting has been arranged for a few weeks time. I'm currently half way through a 60 month agreement. My IVA repayments come always come out of my Halifax account and I have provided the Debt Supervisor with copies of my Halfiax statements and payslips to the end…
-
statutory demand/charging order are they the same.
im in need of some advice regarding being issued with a statutory demand order from dcb legal the debt is £8k inc charges.at present nothing as been done but they have a court order that allows them to issue it by email as ive moved and they dont know where i live. my concerns are that im told they can declare me bankrupt…
-
DRO and owed tax/owed Nat Ins...
Is outstanding income tax and outstanding National Insurance included in a DRO?
-
question about bankruptcy
hi everyone just a couple of questions regarding bankruptcy, i have seen a couple of debit advisors in my local area [fully regulated] after writing to all the people i owe money my options are rather limited [had D.P.R few years ago] cant have another not been long enough [discharged], only thing I have been told is apart…
-
Salary sacrifice car in bankruptcy
Hi all, I am considering buying a car through my salary sacrifice as the one I own (no finance) needs work I can’t afford and this is the cheapest way - no deposit or credits check and insurance/road tax all included. Current car worth maybe 3k max. I will be applying for bankruptcy at some point soon so I don’t know if…
-
Thinking of Bankrupcy - Can anyone help
Hi All, I need some help with a question concerning bankruptcy and housing in the UK. I currently have a £25K debt which has accumulated from credit cards and loans over a period of 4 years. I am thinking of going bankrupt as I lost my job about a year ago and I am struggling with all of this mentally and need a clean…
-
Anulment is supossed to return you back!!! i need to know im not the only one going through this!
Background of where we are up to: My husband owed HMRC - awful, yes, but we knew we had to pay them somehow. It was non-payment due to hitting some really hard times owning a fishing trawler, and he was the skipper, boat has long since been sold thankfully. Fast forward to HMRC coming knocking, threatening bankruptcy, and…
