Ask a CCCS counsellor a bankruptcy question

System

LearningSlowly wrote: »

Also, will my job make a difference?

Hi and thanks for the update,

Bankruptcy can have an affect on some forms of employment, you would need to check the terms and conditions of your employment contact in regards insolvency.

I hope this helps.

Kind regards,

Mat

LearningSlowly_2

CCCS_Mat wrote: »

Hi LS and thanks for your post.

It sounds like you would benefit from some free and impartial advice.

Any debts that are in your partners name will be seen by creditors as his responsibility. However, I’d advise looking as a couple at what solutions are available to you both.

If you petitioned for you own bankruptcy only debts in your name would be included in the bankruptcy, any debts in your partners name would be his responsibility to service.

I would initially look at the situation jointly (if you can) and then look at what debt solutions this presented. It would be useful initially to look at a joint household budget.

If your partner is not willing to look at a joint debt solution due to the possible impact on his credit rating you should give us a call directly for more advice.

If you do wish to work together then I’d suggest that the first thing to do is visit our online debt advice service Debt Remedy to help you find a solution to your debt problem quickly.

Debt Remedy will assist you in completing a financial statement with information on your household, employment, income, expenditure and debts. From this the service will automatically determine your options.

To help you fill in the form, it’s best to gather together information about:
• Your income
• Your expenditure
• The creditors you owe money to

You’ll receive a downloadable advice booklet providing a tailored solution for you based on your current circumstances and advice on ways you may be able to improve your situation.

If you’re not confident with computers or would like to speak to an advisor then you’re welcome to ring our free Helpline on 0800 138 1111. We’re open Monday to Friday 8am - 8pm.

If you phone us it may be possible to refer you directly to a counsellor for immediate advice. Alternatively, we will arrange for an appointment to be booked at a time convenient for you.

I hope this helps.

Kind regards,

Mat

Thanks for the reply, appreciate the input. I tried contacting the CCCS, but they simply told me it will take me 20 years to clear and I should cut back on my outgoings to get there sooner, which missed the point I'm unable to meet my monthly outgoings. They also gave me problematic advice earlier in the year that has compounded my/ our problems. Is there an alternative, more reliable source I could gain advice from?
Thanks again for your help,
LS

philnicandamy

If your not getting along with CCCS try your local CAB or national debtline

tigerfeet2006

LS, not really aquestion for the CCCS advisors where to seek other advice.

The other sources of help recommended are National Debtline or the CAB. Their contact details are in the first post of the sticky marked Look Here First: Bankruptcy Help.

For what it is worth the advice that CCCS Mat has given you in his post is spot on.

2commakid

Someone wrote on another thread they were quizzed about 'the incursion date' for credit cards debt, I've had credit cards for many years, don't know the dates I opened them, but the most recent balance transfers were about a year ago, so would this be the date I should write on the form?

IF

2commakid wrote: »

Someone wrote on another thread they were quizzed about 'the incursion date' for credit cards debt, I've had credit cards for many years, don't know the dates I opened them, but the most recent balance transfers were about a year ago, so would this be the date I should write on the form?

I would write an guestimate when you first received your credit cards.
Put the year then approx in brackets after and that should be fine.

2002 (Approx)

Best wishes
If...x

bvecki

My husband was made bankrupt in february 2009 and discharged the following year. He had a personal loan with Intelligent Finance with his ex partner which was included in the bankruptcy. Intelligent Finance are still pursuing his ex partner for the debt but because all the letters etc still have both their names on them she just forwards them to us. Intelligent Finance call our landline number to speak to her and although he has spoken to her to explain it is no longer anything to do with him it doesn't stop. Is there anyway his name can be removed off Intelligent Finance's correspondence as we just want to move on with our lives. I.F. are no help at all.

System

bvecki wrote: »

My husband was made bankrupt in february 2009 and discharged the following year. He had a personal loan with Intelligent Finance with his ex partner which was included in the bankruptcy. Intelligent Finance are still pursuing his ex partner for the debt but because all the letters etc still have both their names on them she just forwards them to us. Intelligent Finance call our landline number to speak to her and although he has spoken to her to explain it is no longer anything to do with him it doesn't stop. Is there anyway his name can be removed off Intelligent Finance's correspondence as we just want to move on with our lives. I.F. are no help at all.

Hi and thanks for your message.

You should write to Intelligent Finance and enclose details of the bankruptcy and request that your telephone number be removed from their systems. You should send this letter recorded delivery.

If the calls continue after this I would recommend raising a complaint.

I expect a large part of this is to do with Intelligent Finances internal systems and they may not be able to remove your husbands name from correspondence pertaining to his ex partner’s liability for the loan, but they should not be calling or writing to him directly.

Your husband’s ex partner is now fully liable for the whole outstanding debt.

Our blog on joint debts might help them understand their position.

http://moneyaware.co.uk/2011/09/we-got-a-joint-loan-now-weve-split-who-has-to-pay/

I hope this helps.

Kind regards,

Mat

Drreamsurfer

removed as answered

mikewjones_from_wales

How does a person go bankrupt if they cannot afford the cost of going bankrupt.

Person doesnt qualify for DRO as debt too high.

Ideas please would be great.