Ask a CCCS counsellor a bankruptcy question

Godiva500

Hi
I am going BR, and have a small surplus each month.
Am I right in thinking that if both myself and my husband are on pensions with no other income, that an IPA would not be allocated anyway?

I also would like to ask - on the BR form to fill in, it asks about tax paid in employment etc. I pay tax on my pensions. Where do I put that, or don't I?

saf1976

Hi,

I am going BR and have a mobile phone contract. I sold the mobile phone when I started the contract as I have an older mobile which I was happy to use.

Can I add this to the debts to my creditors and include it as part of the BR.

I would then use a PAYG sim instead.

Thanks
SAF

SammyB_2

Hi,

Please can you help me with this, I forgot to ask when I was on the phone with the CCCS this morning discussing my impending bankruptcy.

I have two savings accounts set up for my children, I use it when they are given money as gifts from family and friends. They each have aroung £350. Will they lose this when I go bankrupt? The money is not mine, but the accounts are set up in my name for them as they are only 3.

I would hate for them to go without due to my stupidity. Please let me know whether or not the money is safe. If not, am I entitled to withdraw it and keep it until I can set up more accounts for them?

Many thanks,

CCCS_Sarah

debrag wrote: »

So I've been thinking again about a DRO but I have a few questions

1) will my bank account be checked every month?
2) how does income vs surplus work? Income will increase/decrease depending on the number of weeks in a month being paid weekly/hourly. So some months I could be under the limit but some I could be over.
3) After the 12 months will I be debt free or could I still have some debts?

Blind as a bat has beaten me to it!

CCCS_Sarah

flower1967 wrote: »

hi there

i've recently gone bankrupt, all seemed pretty straightforward, and have been told i may not need to be given an ipo/ipa cos of income level etc.

will the OR keep a close eye on my bank account during the next 12 months?

i want to send some money to my family overseas

many thanks

Hi Flower,

When your budget was worked out by your OR there should not have been too much surplus left over as the money will be needed for your living costs.

As an undischarged bankrupt the OR could look at your finances at any stage and if there have been any changes to your budget, you would have to inform them as soon as possible.

Sarah

ccvictim

sarah are you finances checked prior to release?
i.e your circumstances did change but you did not tell them!

CCCS_Sarah

gibo wrote: »

Hi I went BR in dec2004, I was in the middle of a divorce at the time and had a joint loan with my ex.
I am looking at cleaning up my credit report and have noticed that i'm still linked to my ex on my credit reports and she has defaulted on payments on that loan. how do I get her removed from my credit reports?
On other accounts of my own it is showing current balance's of £2783 and £1300 etc should these be marked as settled or something?

Hello,

You would be able to write to the credit reference agencies and ask for a notice of disassociation. I have attached a link to Equifax’s website and there is an online form you can use. You would need to also do the same with Experian and Call Credit.

https://www.econsumer.equifax.co.uk/consumer/uk/sitepage.ehtml?forward=gb_cpo_faq

Hope this helps

Sarah

CCCS_Sarah

saf1976 wrote: »

Hi,

I am going BR and have a mobile phone contract. I sold the mobile phone when I started the contract as I have an older mobile which I was happy to use.

Can I add this to the debts to my creditors and include it as part of the BR.

I would then use a PAYG sim instead.

Thanks
SAF

Hi Saf,

If you’re no longer using that mobile then the debt would also be included in your bankruptcy.

Sarah

CCCS_Sarah

SammyB wrote: »

Hi,

Please can you help me with this, I forgot to ask when I was on the phone with the CCCS this morning discussing my impending bankruptcy.

I have two savings accounts set up for my children, I use it when they are given money as gifts from family and friends. They each have aroung £350. Will they lose this when I go bankrupt? The money is not mine, but the accounts are set up in my name for them as they are only 3.

I would hate for them to go without due to my stupidity. Please let me know whether or not the money is safe. If not, am I entitled to withdraw it and keep it until I can set up more accounts for them?

Many thanks,

Hi Sam,

Sue has answered on the other thread for you, let me know if you have any other questions.

Sarah

CCCS_Sarah

ccvictim wrote: »

sarah are you finances checked prior to release?
i.e your circumstances did change but you did not tell them!

Blind as a bat has answered this this one, I have quoted their response

blind-as-a-bat wrote: »

Just to clarify CCCS_Sarah's reply, the OR does not normally ask for you to prove anything, they do not usually ask for proof of income or expenditure during you BR period.

The only exeption is some OR's have been known to ask for wage slips when the IPOQ form is returned near the end of BR, but not always

But the point CCCS_Sarah was making is they CAN if they wish, at any time up to your date of discharge, or even after, but only for info upto your discharge date, unless you have an IPA but normaly that would only happen if they either suspect you have not updated them, or someone was to report you for living beyond your supposed means (trust me it has happened:rolleyes:)