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Look here first - Bankruptcy Help: Important topics, factsheets and links

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  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    The figures above come from a source I have no way of verifying yet. So I wouldn't place any credence in them for now.
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
  • debtinfo
    debtinfo Posts: 7,012 Forumite
    welshladinthecity wrote: »
    Well thats good to hear. It was crazy that they were using figures from 2008/09, which was partly a period of deflation .. especially as food, utilitiy and transport (inc petrol) prices has sky rocketed in the last year .. and of course not forgetting the VAT increase this month.

    Maybe so but they have to have some system, and stick to it each year to maintain consistancy.

    That is why we always stress that each person should but down what they actually spend not just what the guidelines are, remember that the guidelines are there for the benefit of the examiner not the bankrupt
    Hi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
    Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.
  • anneparker
    anneparker Posts: 2 Newbie
    thanks for the information here.
  • parlin
    parlin Posts: 1 Newbie
    Awesome Information man.
    Proper and perfect detailing and Very nice guideline which are very useful for every one. Nice for sharing.
  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    SAFFYMAN wrote: »
    hi my wife and i are wanting to go bankrupt as we beyond our controll have accumalted depts with our current morgage is over one hundred thousand pounds ..for the past 16 months we have tryed to pay them but to no avail we think our only option now is declare ourselves bankrupt ..should we find a house to rent first ..then apply for br or do we do it befor ..we have no assets exept our home also a car wich my wife uses for work .im on sever dissablement allowence we have no savings at all would this be the best way forward for us..
    SAFFYMAN wrote: »
    hi would we beable to go bankrupt as we have over one hundred thousand pounds worth of debt this includes morgage could someone please give me some good advice on how to go about this in the correct way

    Hi. :)

    The questions would be better of in your own thread.

    I'll copy these posts over into one and be back with a link.
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    New thread is here:

    https://forums.moneysavingexpert.com/discussion/3142452
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
  • GoingUnder
    GoingUnder Posts: 84 Forumite
    edited 10 April 2011 at 6:09PM
    The new form 6.27 which is linked in the first post in RED seems to go to a form 6.7

    When I read the form it appears to be for someone petitioning someone elses bankruptcy, not for petitioning your own?

    Is this a mistake or is it the correct new form?
  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    Now sorted. :)
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
  • growleygrumps
    growleygrumps Posts: 31 Forumite
    Hi

    If you go BR can they take furniture/tv etc from your home. I appreciate if your car is of any value they can take that, but i just wondered if they could take from the family home.

    GG
  • wskdf
    wskdf Posts: 4 Newbie
    Harassment
    Homeless - what should I do?
    How can I complain about my lender?
    How can my landlord end my assured tenancy?
    How to avoid debt at christmas
    How to deal with business debts:beer:
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