Ask a CCCS counsellor a bankruptcy question

bornjoyful

I'm sorry if this has been asked before but can overdue tax return fines be put into a DRO ? what about a small overpayment by Working Tax Credit which may have got bigger (scared to look) or last years fine for forgetting to declare SORN?
There seems so much to do it is not worth finding out exactly how much the above 3 may now be if it cannot be included in the DRO. many thanks.

mrsc184

Hi

I was previously on a dmp with the cccs, I came off this plan as I was about to declare myself bankrupt, the only reason I haven't done it sooner was because of the cost.
At the time of cancelling the dmp I thought I was going to have to cash to do the br however this fell through and it may be another couple of months before I can afford to do this.
I had a letter from wescot r.e one of my debts saying the would be taking 'door stop collection visit' if I did not respond.
Could you please let me know what I should do, I was thinking I could send them a letter letting them know I was due to go BR?

Thanks so much in advance

CarolAnn49

Hi, Pavan,
My daughter has serious health problems and I am her full-time carer. As she frequently spends long periods in hospital, she asked me some years ago to be a co-signatory to her bank accounts (not a joint account holder) so that I could sort out any problems that might arise and save her running up charges for going over her overdraft limits if necessary.
Over Christmas, 2009, she was moved into a disabled flat more suited to her needs, and was promised financial help and grants to refund removal costs, decorating, rental costs and other expenses, which failed to materialise after she'd overspent on her overdraft. To cut a long story short, she struggled to pay her bills over much of last year, eventually resorting to a repayment plan set up by the CAB, and most of her creditors, including Lloyds TSB and Natwest, accepted payment at £1 per month.
However, Natwest have continued to send out demands for full payment of £1780, charging £30 a time for each letter they send. On top of that, they also insist that I have a joint account with my daughter, and that I am equally liable for payment, so I'm also receiving £30 letters from them, demanding that I also pay £1780. Within the last week, Lloyds TSB have now decided to demand full payment of their credit card debt, some £8000, although both banks have been paid monthly by direct debit, as arranged.
My daughter now feels her only option is bankruptcy, but we are both concerned about my position in this. We have never had a joint account, we had no need for one and were not aware that Natwest had somehow signed us up to one, when my daughter specifically said that she did not require a joint account.
Hope you can advise us, my daughter is on benefits, I receive a state pension and we have no way to find such amounts of money.

Bella132

Hi There,

Hope someone can help......

I partner went backrupt quite a few years ago due to a business failing.
It is now 6 years on, and we are getting married and desperately want to buy a house. Will he be able to get a mortgage. He has the proof that his bankruptcy has ended and he has no debts at all.
He has a bank account and a mobile phone contract in his name.
He is on a good salary with very little outgoings due to moving back to his parents during the bankruptcy.

Will he get a mortgage??? Where do we start to look??

Hope someone can be of assistance

Thanks

Bella132

technofish

Hi, my wiife and I are seperating and our financial situation is pretty damn bad. We've already split and living with each owns parents although we still own the house at the time of writing, tho due to the situation iit's only a matter of time.

I've been to Citizen's Advice (after a month of waiting!) and genuinley feel I'm no further forward and am getting more and more frustrated and desperate to make progress. Because I was a few Ref numbers short he's claiming he can't do anything until I retrieve them from the companies. My main problem is my wife destroyed the letters and stuff and I was blissfully unaware any of this was happening.

I'm getting more and more to the point of just giving up and waving the white flag as I really can't see a way out of this however from reading these forums, the first sentence on the bankruptcy board is if you haven't been given advice to do so you may be refused. CAB never advised me anything and feel this saga will be going on forever if I leave it in their hands.

I really don't know where to turn next.

Please help

Cheers

PH1LL

Hello I went BR just under a year ago.

I jointly owned a property with my (soon to be) ex wife. Before i wenty BR i signed the deeds over to her and have not lived there in 2 yrs. Abbey still have my name on the mortgage and refuse to take me off unless she re applies for a new mortgage - which wont happen as there is neg equity and her salary is low. I i had this mortgage before going BR, does this mean that i am no longer repsonsible for the outstanding balace? I am under the impression that once you go BR all outstanding debts are wiped - does this apply to property and secured debt too?

Thannks

Phil

dom7777

I am six years out of bankruptcy and all have disappeared from my record. There was one debt £400 that was 18 months later that is still outstanding as default. I am sure it is stopping me get credit. If I paid it would my rating still be rubbish as it defaulted or would I best better off waiting until next year and the six year rule would apply...

Many thanks - Much appreciated in advance - DB

sarm24_2

Hi,
I am in about £26,000 worth of debt which is solely in my name. I am married with 3 children and we live in a council house. I am self employed bascially doing computer clerical work at home, I earn about 600pm, my husband is a self employed plumber currently still going to college once a week. My husabnd currently pays towards the finance for his work van and credit cards which he uses for his business. We have managed to get back on track with our rent arrears and are not outstanding with any priority debts. We have a family car which is in my husbands name which I use for shopping and weekly to goto the office for work. We moved from a flat to a house over 2 years ago and this and my husbands lack of work forced us to get behind with bills. So when we put a budget plan together, we concentrated on paying priority debts and wrote to my creditors which we could no longer pay. These include loans,credit cards,catalogues, store cards and over draft(The large amount is with Lloyds whom I bank with and have the overdraft). I've since not used my bank, and all monies and direct debits now come out of my husbands account. We receive working tax and child tax credits. According to our budget planner with all our ingoings and outgoings there is no spare cash to pay my bills, although I've agreed since having a ccj filed against me to pay a £1pm to my creditors. I have a soloctitor helping me with this matter, but would like some further advice and your opinion whether you believe bankruptcy is a option for me ? My solicitor thinks I should not go down this route she believes I'm still young (34) and have the means in the furture to pay it back. After her feedback I'm left feeling quite scared about this option but at present can not see any light at the end of the tunnel, a £1 pm will take a lifetime to pay off and still I receive phone calls and letters. Not all the creditors have agreed to £1pm so they constantly call. We don't currently have enough to pay into a IVA, but if we did is this any better than bankruptcy...I'm confused to know what to do and what are my alternatives...I'd welcome any advice you have.
Many Thanks

StepChange_Pavan

bornjoyful wrote: »

I'm sorry if this has been asked before but can overdue tax return fines be put into a DRO ? what about a small overpayment by Working Tax Credit which may have got bigger (scared to look) or last years fine for forgetting to declare SORN?
There seems so much to do it is not worth finding out exactly how much the above 3 may now be if it cannot be included in the DRO. many thanks.

Hello bornjoyful and thank you for your post.

Each of these can be included in a DRO, provided that your total debt is below £15K.

However, if the tax credit overpayment was because you didn’t declare your income properly or was claimed fraudulently, this might not be included.

If you need more information, I’d recommend that you call our helpline and we can refer you to our specialist DRO team.

Kind regards,
Pavan

System

mrsc184 wrote: »

Hi

I was previously on a dmp with the cccs, I came off this plan as I was about to declare myself bankrupt, the only reason I haven't done it sooner was because of the cost.
At the time of cancelling the dmp I thought I was going to have to cash to do the br however this fell through and it may be another couple of months before I can afford to do this.
I had a letter from wescot r.e one of my debts saying the would be taking 'door stop collection visit' if I did not respond.
Could you please let me know what I should do, I was thinking I could send them a letter letting them know I was due to go BR?

Thanks so much in advance

Hi mrsc184 and thanks for your post.

A door step collector has no more powers than a collection agent calling on the phone. These are not anything like court appointed bailiffs. Creditors often threaten door step collectors in a bid to get you to make contact with them by phone.

I would recommend that you update your creditors with your intentions to go bankrupt.

I hope this helps.

Kind regards
Mat