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

Jenna3

wskdf wrote: »

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:

Your best to contact the locL council and tell them what's happening but don't leave your rented place cause the council will say you have made yourself homeless and won't do anything for you. Your land lord will have to take you to court to get you out, and the council will re home you. that's what happened to one of my family members. I hope this helps a bit.

fermi

Jenna3 wrote: »

PLEASE HELP !!!

Hello I am in a bit of a dilemma

Hi.

This would be better off in it's own thread, so I'll move it into one.

Here --> http://forums.moneysavingexpert.com/showthread.php?t=3228016

adamantfan

thankyou everyone who has taken the time to write down all of this information.... xxx

fermi

The Insolvency Service website has now moved to the BIS site, so many links are now out of date.

The new site is here:

http://www.bis.gov.uk/insolvency/

Publications can be found here:

http://www.bis.gov.uk/insolvency/Publications

The Technical Manual, Case Help manual, IPA calculators etc can be found here

http://www.bis.gov.uk/insolvency/contact-us/FOI/decisions

Links in the sticky will be updated soon.

fermi

Links have been updated.

Please let me know if I missed any or they don't work.

As there is a lot more on the new IS site, there may be extras to add later on. If you see anything on the IS site while browsing that you think would be useful to link to, please let me know.

Andy-1_2

Please can someone give me sound advice on the following:

I have unsecured loans & credit-card debts of about 60,000. I have been advised that due to my circumstances and no income, I should file for voluntary bankruptcy. I have read and understood the bankruptcy guide provided on the UK Insolvency website. What I need to know are the following points.

I have a joint mortgage with my wife. The voluntary bankruptcy guide clearly stipulates that I can carry on paying my mortgage and live in our property. It also states that my wife can buy my share of the property for which the law allows time upto 12 months.

My questions are:
Q: I want to know if this is correct and the law allows for the partner to buy the share and allows time for 12 month.

Q: What will be the property valuation method. Will the court officer value it through local estate agents after 12 months or will they work out my share based on some other method.

Q: Will our Mortgage company get alarmed once the bankruptcy officer writes to them to inform that one of the joint mortgage holder has filed for bankruptcy. Will they have any objection to this and will this break any rules of agreement by which case they may cancel our mortgage with immediate effect.

I would highly appreciate your good advice.
Thanks in advance.

IF

Andy-1 wrote: »

Please can someone give me sound advice on the following:

I have unsecured loans & credit-card debts of about 60,000. I have been advised that due to my circumstances and no income, I should file for voluntary bankruptcy. I have read and understood the bankruptcy guide provided on the UK Insolvency website. What I need to know are the following points.

I have a joint mortgage with my wife. The voluntary bankruptcy guide clearly stipulates that I can carry on paying my mortgage and live in our property. It also states that my wife can buy my share of the property for which the law allows time upto 12 months.

My questions are:
Q: I want to know if this is correct and the law allows for the partner to buy the share and allows time for 12 month.

Q: What will be the property valuation method. Will the court officer value it through local estate agents after 12 months or will they work out my share based on some other method.

Q: Will our Mortgage company get alarmed once the bankruptcy officer writes to them to inform that one of the joint mortgage holder has filed for bankruptcy. Will they have any objection to this and will this break any rules of agreement by which case they may cancel our mortgage with immediate effect.

I would highly appreciate your good advice.
Thanks in advance.

Andy please look at the thread you have started:-


Click here.........> http://forums.moneysavingexpert.com/showthread.php?t=3408223&highlight=

waderr

WOOOW WOOOOW WWOOOOW what an idea and i learnt a lot from this. This is an very useful and very imporntant info.

chipdouglas

Hi,
None of the links for the calculators are working:

• Income payment - Household spending
  Spreadsheet showing average UK spending calculated from the Office of National Statistics publication ‘Family Expenditure Survey’
• IPA calculator Pre 01 December 2010
• IPA calculator Post 01 December 2010

I could really do with the IPA Post Dec 2010 one.

Thanks

fermi wrote: »

Links have been updated.

Please let me know if I missed any or they don't work.

As there is a lot more on the new IS site, there may be extras to add later on. If you see anything on the IS site while browsing that you think would be useful to link to, please let me know.

fermi

Does this work for now?

http://dl.dropbox.com/u/26548618/IPACalculatorPost2010.xls