IT'S OVER! From debtmonkey & debtmonkey1a!

debtmonkey_2

Hi all,

NOW DISCHARGED! Full year I'm afraid & a BRU undertaking for 3 years (which I don't think is fair BUT on taking lots of advice you don't have a hope in hell of contesting it)-which won't affect my life in the slightest...my credit file is knackered anyway!

Thanks to all on here for help/advice.

To any newbies/lurkers.....if you have crippling debt that will take you longer than 6 years or so to clear & have no discernable assets/equity in your house-DO IT. For me it was 45 mins at court & 2 x 1 1/2 hour OR visits. SO WHAT! 1/2 a day out of a year to clear 1000's of pounds of debt.

So...in my opinion-FORGET THE MORAL ARGUMENTS-your mental health & future is THE MOST IMPORTANT THING.

I now have a new job to start soon-NO DEBTS -in fact as I share a flat my total outgoings including food are under £400 a month!!

The year has flown by....I feel SO lucky when I hear people at work moaning about credit card bills etc!!!

So ....to end I;d say ...without being flippant the PROCESS is EASY...& nothing to worry about!

Good luck all...will keep popping in from time to time..& of course remember to gwt advice from the relavent charities (!)

peachyprice

Woo hoo, congratualtions!!!
Shame about the BRO, what did you get it for, out of interest, cos I think you're the first one we've had here.

debtmonkey_2

Without going in to too much detail (security & all that!) in a nutshell the BRU was because I apparently knew I was insolvent at the time of taking a further secured loan??! This 'loan' was in fact a 're-written' secured loan as I was in arrears to w*****e finance (rip off high interest 2)%+ APR merchents!) so although on paper it was about £3k all but £800 was used to clear arrears!!!!

From what i can gather more & more BRU/BRO'S are being given out...wander if the insolvency office is unofficially targeted??!

peachyprice

Oooh that's harsh!

shadowdragon

Congratulations on your discharge.

tigerfeet2006

As one finishes another one starts.

All the best for a debt free life debtmonkey.

PixiePie

Congrats for seeing it out - can I ask when you heard about the BRU for the first time? My OR threatened me with one when I had my interview last Sept (went BR 31/08) but I haven't heard anything more since and whilst I don't exactly mind logically about getting a BRU, it's a mental thing I guess that I want it all over and forgotten about, so am back to feeling like I did pre-BR with the sickness everyday of 'whats going to come through the letter box' - if I just knew it would be easier, or if I just knew when I was likely to know/when the letter would be coming.

I've heard 6 weeks before AD, which would be in about 2 weeks time I guess - was that correct on timings for you?

Thank you in advance, and well done again, tis all over now

debt_doctor

Hi, glad its all worked out for you, very unfair BRU.

DD

fermi

Congrats on the AD.

Pain about the BRU.

PixiePie wrote: »

I've heard 6 weeks before AD, which would be in about 2 weeks time I guess - was that correct on timings for you?

I think it's either 2 or 3 months (can't remember which) before AD that they have to start the paperwork for a BRU.

It has to be quite a while before AD, so that there is time to go through the court process of getting a BRO if the BR won't sign the BRU.

G-G_4

Congratulation! & as you say, your credit file is knackered for 6 yrs anyway, so what does it really matter :laugh:

x

haggisAThome

congrats dude :j :T :beer: