Delayed BR

shaunnortheast

Ive spoke cccs bankruptcy was the way i was advised to go was ment to be in court on the 9th couldnt afford the fees rescedueled for the 25th still looks bad may have approx £200 by then, Ive canceled all my direct debits and am not making any paymnt towards my debts should i continue to do this as it may take me a while or should i send token payments??

your advice please

shaunnortheast

And also just recived a leter from the bank £246 of charges in jan aint that a joke needless to say ive opened a new account

sieve

Personally I wouldn't bother sending token payments at all at this stage as it will only delay the inevitable. If the OR questions it just say you had to save your BR fees up somehow so the debts were sorted before they got any bigger.

Open a co-op account, get everything paid into there, then you can save without having to worry about your savings getting eaten by bank charges.

philnicandamy

I agree....token payments not much use tbh as sieve said it's only delaying the inevitable
Creditors will take a few weeks before they realise somethings wrong....be prepared for letters & phonecall hassle

shaunnortheast

Thanks sieve,
ive already opened a online account with one banking,

Bring on the court date, going to spend the next month eating gruel but it will be worth it in the long run

shaunnortheast

Yeah im already getting the calls,

fiveyearplan

One banking? Are they bankrupt friendly? The only ones we know about on here are Barclays and Coop. When you do manage to save the fees be sure you don't leave any money in that account as it will likely be closed by the bank.

Are you entitled to any benefits? Have you looked on https://www.entitledto.co.uk? Do you have anything you can ebay?

fiveyearplan

shaunnortheast wrote: »

Yeah im already getting the calls,

You can ignore the calls. None of my creditors accepted or acknowledged my offer of £1.00 token payments. I'd just try and save as quickly as possible for BR.

How much is your total debt?

shaunnortheast

22.5k total debt mainly from a failed business venture, all personal unscured. ive got a few things im thinking about ebaying. ive checked entitled to and im not eligble for anything. thanks for all the advice. I told one banking i was planning on BR and they didnt seem to mind but as it will get closed on the day i will prob go co-op

Simpsona

Hi Shaun,
When you booked newcastle court did they take much info? When I rang they offered 25th Feb but I panicked and thought that didnt give me enough time to get sorted so asked for the following week and they gave me March 6th. They then took only my name (even tho joint BR) and a contact telephone number and that was that? I was expecting them to take my full details, maybe NI number address etc? Panicking incase I havent booked it properly now? They did give 2 times slots 10 mins apart but said they would just see us together.

shaunnortheast

It's Darlo where im going, They done the same to me name, number take care see you soon bye. was very sureal. also gave email adress and recived confirmation the next day,