Ask a CCCS counsellor a bankruptcy question

CCCS_Alan

sportie wrote: »

Thank you Alan

Hi Sportie

A shortfall on a property can be included into a person’s bankruptcy. If only one of them went bankrupt, the other person would become solely responsible for the debt due to joint and several liability.

It would all be down to keeping things separate. So if you don’t have any joint accounts or apply jointly for credit your files would stay separate.

Hope this helps.

CCCS_Alan

CCCS_Alan

scatty_and_scared wrote: »

I am just starting the process of going bankrupt, having been to the CAB for their advice.
They gave me a template letter (they don't have time to help more, although I did ask them to represent me ), and told me to write to everyone to make token payments as the first stage.
I've just sat down with all the paperwork, and find that I've got so many letters from debt collectors (I've got 3 different companies just from one debt, and only been suffering problems with paying for 4 months!!! Let alone all of the others!) that I just don't know who I'm supposed to contact.
Do I just write to the original credit card companies etc., or am I supposed to write to the debt collectors too? With the same letter? All of them, or the most recent ones (no, no letter informing me who is managing my debt now)?
I'm totally despairing, and not coping at all!
Really hoping you can help!

Hi Scatty and Scared

First you are doing your best to try and sort out the situating, so no one can ask any more from you.

I would suggest sending the letters to the people who contacted you most recently. If they respond and say they are no longer dealing with it, they should advise you who is dealing with it now.

Hope this helps.

CCCS_Alan

CCCS_Alan

Desperate+Depressed wrote: »

CCCS,

I have twice today given my personal email address and mobile no. for a member of your Bankruptcy Team to contact me.

What is the normal waiting time to receive a call/email from them?
I have sooooooo many questions to ask before I make a final decision.

You (CCCS) have already advised me that my best option would be Bankruptcy

Many thanks

Hi Desperate+Depressed

Sorry about the delay at the moment. Our bankruptcy team also deal with DRO so at the moment they are extremely busy. If your information has been passed on, it is unfortunately a waiting game of dealing with people in order of contact but they will get around to you.

Regards

CCCS_Alan

CCCS_Alan

stapeley wrote: »

I,ve been served SD by a creditor , they are one of three that are chasing me . I can not pay any of them. I,ve done a CCA request on all of them , none has supplied a CCA . The one who served the SD only sent a copy of a Application form . My question is as they are all unsecured, I have no assets and very low income ,should I let them pay for the bankruptcy . Would save me the cost and I could start afresh ?

Hi Stapeley

A lot of creditors issue a SD with no intention of following it through as this could be just a scare tactic. If you had sought advice already and been advised that BR is your best option and if the SD goes through, this could save you the cost of going down this route yourself.

To see if BR would be a viable option for you I would suggest using our online advice facility Debt Remedy. Debt Remedy would assist you in completing a financial statement and you would be provided with tailored advice on the best way to deal with your situation. Click here to go directly to Debt Remedy.

Hope this helps.

CCCS_Alan

washappychick

Hi Sue

Thank you for your reply.

I have posted my budget.

The £200 is what my son pays who is working but he is on an apprenticeship and doesn't earn that much.

My other son was made redundant in March so does not contribute.

I have a 70 round trip to work everyday, which is why my petrol bill is so expensive, but I cannot afford to move nearer to my work and if I did my son would not be able to afford petrol to his work.

I would appreciate your thoughts on my budget.

I did have advice from a solicitor in January concerning the joint bills with my ex and he advised I should go bankrupt, I also spoke to the CAB and they advised the same. It has taken a while for me to accept but now I'm resigned to it.

I'm scared to death tho that things are going to get even worse.

I would appreciate any advice you can give.



Household Information[/b]
Number of adults in household........... 3
Number of children in household......... 0
Number of cars owned.................... 1

Monthly Income Details
Monthly income after tax................ 1612
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 200
Total monthly income.................... 1812

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 695
Management charge (leasehold property).. 0
Council tax............................. 119
Electricity............................. 30
Gas..................................... 45
Oil..................................... 0
Water rates............................. 31
Telephone (land line)................... 24
Mobile phone............................ 26
TV Licence.............................. 27
Satellite/Cable TV...................... 0
Internet Services....................... 24
Groceries etc. ......................... 300
Clothing................................ 30
Petrol/diesel........................... 250
Road tax................................ 20
Car Insurance........................... 42
Car maintenance (including MOT)......... 50
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 30
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 20
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 20
Lenses...................................16
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 10
Total monthly expenses.................. 1809


Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 700
Other assets............................ 0
Total Assets............................ 0

Secured Debts
Description....................Debt......Monthly.. .APR
Mortgage Top-ups Loan...12,000..187

Unsecured Debts
Description....................Debt......Monthly.. .APR
Nat West Mortgage........107,000...640.....
Nat West Loan...............23,000...553....
Barclaycard...................2,500.....45
Safestyle Windows & Doors..1650...33
Total unsecured debts..........134,150.........1,271.........-


Monthly Budget Summary
Total monthly income.................... 1812
Expenses (including HP & secured debts)..1809
Available for debt repayments...........6
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 0

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -0
Net Assets.............................. 0

Kuggers

Hi. I have recently been offered a new job and one of the conditions is a successful CRB check. My bankruptcy started in July 2009. Will this affect the CRB check?

philnicandamy

CRB checks will not show up bankruptcy......IF they ask on the forms have you ever been BR then you would have to say yes

CCCS_Sarah

washappychick wrote: »

Hi Sue

Thank you for your reply.

I have posted my budget.

The £200 is what my son pays who is working but he is on an apprenticeship and doesn't earn that much.

My other son was made redundant in March so does not contribute.

I have a 70 round trip to work everyday, which is why my petrol bill is so expensive, but I cannot afford to move nearer to my work and if I did my son would not be able to afford petrol to his work.

I would appreciate your thoughts on my budget.

I did have advice from a solicitor in January concerning the joint bills with my ex and he advised I should go bankrupt, I also spoke to the CAB and they advised the same. It has taken a while for me to accept but now I'm resigned to it.

I'm scared to death tho that things are going to get even worse.

I would appreciate any advice you can give.



Household Information[/b]
Number of adults in household........... 3
Number of children in household......... 0
Number of cars owned.................... 1

Monthly Income Details
Monthly income after tax................ 1612
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 200
Total monthly income.................... 1812

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 695
Management charge (leasehold property).. 0
Council tax............................. 119
Electricity............................. 30
Gas..................................... 45
Oil..................................... 0
Water rates............................. 31
Telephone (land line)................... 24
Mobile phone............................ 26
TV Licence.............................. 27
Satellite/Cable TV...................... 0
Internet Services....................... 24
Groceries etc. ......................... 300
Clothing................................ 30
Petrol/diesel........................... 250
Road tax................................ 20
Car Insurance........................... 42
Car maintenance (including MOT)......... 50
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 30
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 20
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 20
Lenses...................................16
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 10
Total monthly expenses.................. 1809


Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 700
Other assets............................ 0
Total Assets............................ 0

Secured Debts
Description....................Debt......Monthly.. .APR
Mortgage Top-ups Loan...12,000..187

Unsecured Debts
Description....................Debt......Monthly.. .APR
Nat West Mortgage........107,000...640.....
Nat West Loan...............23,000...553....
Barclaycard...................2,500.....45
Safestyle Windows & Doors..1650...33
Total unsecured debts..........134,150.........1,271.........-


Monthly Budget Summary
Total monthly income.................... 1812
Expenses (including HP & secured debts)..1809
Available for debt repayments...........6
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 0

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -0
Net Assets.............................. 0

Hello,

Thank you for your reply. There does not seem to be any major issues with your budget. There are a couple of areas that could be tweaked i.e. your medicines and prescriptions – you could maybe look into a pre payment certificate, I have attached a link to their website, as this would save you a little bit of money every month http://www.direct.gov.uk/en/Dl1/Directories/DG_10011173

I would recommend that you come for an appointment, and then we would be able to help put your mind at ease and discuss bankruptcy in detail. We also do have a bankruptcy support department that could help you complete the bankruptcy forms if needed.

If you would like an appointment, please call 0800 138 1111

CCCS_Sarah

Kuggers wrote: »

Hi. I have recently been offered a new job and one of the conditions is a successful CRB check. My bankruptcy started in July 2009. Will this affect the CRB check?

CRB is, as far as I am aware for criminal offences not to do with credit, so I can’t see it been a problem as going bankrupt is not a criminal offence.

Good luck with the job!

tosh01

I ahve been in contact with the cccs and have been advised to look at going bankrupt - when i spoke to the councillor she said that if i was to go bankrupt that it would not be announced in my local paper and would only be announced in the london gazzette and on a online site, however i have since looked on various sites about going bankrupt and the majority state that it will be announced in my local paper.
What i need to know before making my decision is will it go into my local paper or not ??

thanks