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What Does This Mean?
AllNancy
Posts: 284 Forumite
Hi,
Received a letter this morning from the Insolvency Service which reads as follows.
I am writing to inform you that your bankruptcy file will shortly be transferred to the regional trustee and liquidator unit for this office. The RTLU will deal with any assets remaining in your estate and payments that may be made to your creditors.
........................
They've taken my RAV and I start paying £50 per month from September 1st.
Do they want more?
My OR said that the RAV was the only asset they would want so what is going on? My daughter bought me a car. Will they want that as well?
Nancy
Received a letter this morning from the Insolvency Service which reads as follows.
I am writing to inform you that your bankruptcy file will shortly be transferred to the regional trustee and liquidator unit for this office. The RTLU will deal with any assets remaining in your estate and payments that may be made to your creditors.
........................
They've taken my RAV and I start paying £50 per month from September 1st.
Do they want more?
My OR said that the RAV was the only asset they would want so what is going on? My daughter bought me a car. Will they want that as well?
Nancy
Nancy 16 Membership No 147
BR 21st.May 2008.......Discharged November 2008
:j...so what?....... It's Life!
BR 21st.May 2008.......Discharged November 2008
:j...so what?....... It's Life!
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Comments
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It's a good sign and means that things are progressing. RTLU deal with assets such as nil tax codes and IPAs, means the OR has finished his/her investigations.0
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Oh good news nancy. As JCS1 says they have finished looking into your affairs so onwards and upwards towards discharge:beer:Free impartial debt advice available from: National Debtline - Tel: 0808 808 4000 | The Consumer Credit Counselling Service (CCCS) - Tel: 0800 138 1111 | Find your local Citizens Advice Bureau
Laugh at yourself and others laugh with you.Laugh at others and you laugh alone. BSC No 107:D0 -
It's a good sign and means that things are progressing. RTLU deal with assets such as nil tax codes and IPAs, means the OR has finished his/her investigations.
Really??????? You've just made my day. Thankyou! Well the IPA is all sorted and my bank starts paying on the 1st of next month. No one's mentioned nil tax codes
I did think about fighting the IPA considering how the price of everything keeps going up but decided that as the OR had allowed me petrol, insurance and tax on the RAV that they then took, I might be pushing my luck.
So does this mean there won't be a knock on the door for the TV???
NancyNancy 16 Membership No 147
BR 21st.May 2008.......Discharged November 2008
:j...so what?....... It's Life!0 -
No knocks nancy your tv is safe. I went bc in nov got my case transferred to the RTLU in jan got notice of ED in april. So well done you must be a simple case:rotfl:Free impartial debt advice available from: National Debtline - Tel: 0808 808 4000 | The Consumer Credit Counselling Service (CCCS) - Tel: 0800 138 1111 | Find your local Citizens Advice Bureau
Laugh at yourself and others laugh with you.Laugh at others and you laugh alone. BSC No 107:D0 -
Excellent news :cool:Get free advice before embarking on bankruptcy: CCCS 0800 138 1111 National Debtline 0808 808 4000
Business Debt Line 0800 197 6026 CAB Insolvency Service- 0845 602 9848"He who laughs last didn't get it!" :rotfl:BSC 134
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Merry_Gentry wrote: »Excellent news :cool:
It's amazing how a letter which had me panicking again suddenly gets turned around just with a few kind words.
I'll sleep tonight.
Many thanks all.
NancyNancy 16 Membership No 147
BR 21st.May 2008.......Discharged November 2008
:j...so what?....... It's Life!0 -
Thats great news Nancy. As Dalip says - onwards and upwards!
:j :j
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