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Before I click submit.
Ok I’m good to go, online form filled out and money ready to pay. Thanks for everyone’s help so far. But I’m slightly worried that I’ve missed off/forgotten a debt? What happens if I come across another letter or phone call between now and my interview? Can I add it then.
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Wages question.
Not sure what to put on my income. Basically I’m a hgv driver and get paid hourly and weekly. So some weeks I’ll earn X then I’ll earn Y amount etc etc. Shall I put an average, the lowest I earn or the highest I earn? Thanks
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POA when discharged from bankruptcy
Morning, Today is my discharge from bankruptcy day!! (Phew). I could just do with a bit of clarification over Power of Attorney. I have had POA for my Mother in Law for a few years, and know that during bankruptcy all rights are revoked regarding property and affairs, but not health and welfare. What I can't find any info…
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Credit file cleanup windfall!
Utterly bizarre thing happened today... after using the copy-and-paste email in the sticky and emailing it to Tesco Bank, asking them to update my credit file (to set a defaulted loan to 'settled' after discharge) they've send me a grovelling apology and a £50 cheque in the post - astonishing!!! :beer: What do I have to do…
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A stayed CCJ from before BR?
Stayed means?.... it says "Stayed "until further notice"? Is the CCJ dead and buried? its a car debt or lease thing
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Both going bankrupt.
Hi me and my partner are going bankrupt, we’ve tried IVA and DMP both failed. My main question is when filling our outing going do we split them 50/50 or put the full amount on both! ie rent, council tax etc etc
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Weird intellectual property question
If say, a musician went bankrupt, and after discharge a song they wrote decades ago (but never performed) became a commercial success, could the proceeds be claimed by the OR?
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Discharge and payment thingy
Up to what point are the IS likely to want a repayment plan (3 years) from a BR? at his discharge or is it possible after? A mate has had no job offers for 9 months and is due an automatic (1 year from BR) discharge in a month and has had 2nd interview for a job (albeit not very well paid)..
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Three letter thingy
What do you know about applying for sold debts to be written of (etc)?
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Being a trustee when have BRU
My nan is looking at altering her will and the possibility of putting some money in a disabled persons trust for my mum for the future as she's disabled I think you need to have two or more trustees? Would there be any restrictions of be being a trustee with my sister? I was discharged last year but have restrictions till…
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Mobile phone contract
Hi everyone I went bankrupt on 16th June and my 2 year mobile contract with EE ends on 19th July. I’ve never missed a monthly payment so do you think EE will allow me to move on to a pay monthly SIM contract as my phone is now paid for? Any thoughts or similar experiences much appreciated. Bella
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Advice on bankruptcy and car please
Hi all Just wondered if I could get a little advice please. I'm seriously considering bankruptcy. I'm currently getting ESA, Housing Benefit and full PIP (care and mobility) I have my own car that is valued around £2500-3000 (according to Parkers, although I think its closer to £3500 from used prices in the area. I…
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Help needed, please!
Hi everyone, Any help would be greatly appreciated. I've rewritten this about 10 times to try and make it as concise as I can (and will probably edit it loads where I think I sound bad) but imagine it's probably still a long read, sorry! Situation I've got just over £45k in debt, going up every month - I don't think it's…
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Are payments under a CCJ/existing loan agreement classed as preferential payments?
Hi, I thought I would create a separate thread for this question for the sake of Google searchability for other people doing research into this area. The basis of this query can be found here: forums.moneysavingexpert.com/showthread.php?p=75971318&posted=1#post75971318 For those that do not want to read the background of…
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SOA Child Maintenance accepted outgoing?
Hey guys! Just a quick question do the OR accept child maintenance as an outgoing. The agreement is a mutual one between parties, no court order. The amount we pay is slightly above CSA recommended amount. Thanks in advance :-)
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Help with Income payment agreement figures
Hi I am currently going through the bankruptcy process. I have been working with CAP (Christians against poverty), have received all my final paperwork to do my bankruptcy and only now have they told me i will have to pay into an IPA. Even though i have been dealing with them for the past 8 months. I am a single parent…
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Selling beneficial interest to spouse - house in spouse's sole name
Hi all, Found lots of helpful info on here over the years but can't quite find a definitive answer to my question in my research so thought I'd post up! 10 years ago I defaulted on multiple credit agreements (combination of having too much money as an early-20 year old, being irresponsible with my borrowing, and then…
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Advice on Scottish power debt
Hello I am going down the path of bankruptcy in Scotland. One of my creditors is Scottish Power who supplies my electricity. Does anyone know how it will work having them as a creditor? Will I need to get a new supplier? Any advice. Thanks
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OR 'closing file'
I went BR in January 2019. As part of a more responsible approach to finances I have joined my work pension scheme (I'm 53 and don't have a pension!). My pension contribution means that I won't have an IPA (originally set at £30pm). The OR has asked me to send proof of pension payments once they start and said "Then we can…
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It has come to filing, last resort
Hi, We are seriously thinking of filing for BR today. Due to poor income from self employment in the past and family illness we now have CC and loan debts totalling £40000+ and monthly payments going out are around £900 without any dent being made. All balance transfer options have been exhausted. This has been tried…
Discussions here cover two debt management solutions - Individual Voluntary Arrangements (IVA) or Debt Relief Orders (DRO).
