Ask a CCCS counsellor a bankruptcy question

philnicandamy

barbs5491 wrote: »

Hi back again. I contacted experian and equifax, both said my insolvancy was removed automaticaly after years as you said, however, I had applied online to Natwest, and in answer to one of the questions--have you ever been bankrupt I was honest and said yes! Experian said I should not have disclosed this information as it had been discharged. NatWest have obviously red flagged this information in some way, and THATS why the Co Op bank declined me today! Experian are annoyed to say the least that their name is being bandied about when its nothing to do with them, and have advised me to appeal their decision stating they were wrong to use the information as it was discharged 8 years ago, and no longer relavent. If they still refuse me an account, where do I go from there?

Problem with natwest doing everything online they usually will turn someone down if you answer "have you ever been bankrupt" go to your local branch & apply again for a basic account in branch & ask thye staff to process the paperwork by hand instead of using a computer...you WILL then receive an account (I did)

barbs5491

On the advice from Experian, I have made an appeal against NatWest declining my application, and told them to remove my insolvancy from their records and anywhere else they have recorded it as it is no longer relavent. Awaiting their decision.

barbs5491

I initllialy applied online, then went into local branch with all documentation 2 days later.

philnicandamy

any discharged bankrupt WILL usually be turned down if you apply online or the application is processed by computer...hence why I suggested you go to your local branch and start the process again from scratch

xLCWx

hello,new so sorry if a silly question, have court date for BR booked for next wednesday 21st april 2010. just worrying bout income/expenditure,wondering for some help?? ill post the list below if someone could comment?? theres three of us,husband,myself and one 8 month old,with one on the way! i have debt of 24k, negative equity, im going bankrupt, as i have most amount of debt,husband also owes just under 10k,we will attempt to sort his finances out after my br! ok, the list will follow....(thanks)...

xLCWx

MONTHLY INCOME ; STATUTORY MATERNITY PAY- £480.24
BASIC WAGE - £1098.00 (partner)
CHILD BENEFIT - £80.00
TAX CREDIT - £90.00
TOTAL INCOME - £1748.24
MONTHLY OUTGOINGS;
MORTGAGE - £646.06
GAS - £30.00
ELECTRIC - £35.00
COUNCIL TAX - £115.00
WATER - £33.00
TV LICENCE - £12.00
GROCERIES - £400.00
BABY MILK/NAPPIES - £65.00
HOUSE PHONE, INTERNET AND TWO MOBILES - £140.00
PETROL - £190.00
CAR INSURANCE - £75.00
CAR TAX - £17.00
MOT/SERVICE - £15.00
HAIRDRESSING - £20.00
CLOTHING - £50.00
DRY CLEANING - £10.00
PET FOOD(2 DOGS) - £30.00
PRESCRIPTIONS - £28.00
XMAS SAVING - £30.00
DENTIST - £15.00
HOLIDAY SAVING/EMERGENCY FUND - £50.00
PET INSURANCE/vet bills - £26.00
WINDOW CLEANER - £9.00
WASHING MACHINE INSURANCE - £5.50
SKY TV - £24.00
LIFE INSURANCE (2 POLICIES) - £43.00
TOTAL - £2113.56
INCOME £1748.24 -
EXPENSES £2113.56
= - £365.32.

KITTENPOP9

Hi, Me and hubby went BR last month and we are now thinking of giving up our house for volutary repossession. Could you please confirm that if we decide on this course of action then even if we'r discharged or undischarged any shortfall will fall will be included in our bankruptcy? Many thanx.

CCCS_Sarah

barbs5491 wrote: »

Hi back again. I contacted experian and equifax, both said my insolvancy was removed automaticaly after years as you said, however, I had applied online to Natwest, and in answer to one of the questions--have you ever been bankrupt I was honest and said yes! Experian said I should not have disclosed this information as it had been discharged. NatWest have obviously red flagged this information in some way, and THATS why the Co Op bank declined me today! Experian are annoyed to say the least that their name is being bandied about when its nothing to do with them, and have advised me to appeal their decision stating they were wrong to use the information as it was discharged 8 years ago, and no longer relavent. If they still refuse me an account, where do I go from there?

All banks in the UK sign up to something called the banking code. I have attached a link to a booklet that explains all the ins and outs of this for you. http://www.bankingcode.org.uk/pdfdocs/BANKING CODE.pdf

In section three (page 7) it states that if you specifically ask for a basic bank you should have one as long as you meet the criteria.

The following booklet lists most of the banks and some of the criteria they look for (page 5), so for example Coop will allow undischarged bankrupts and Natwest you have to be discharged which you are.

http://www.moneymadeclear.fsa.gov.uk/pdfs/bank_accounts.pdf

All banks have signed up to this, so you could try and writing a formal letter to them and ask if they can give you further information on their criteria and make a complaint. It may also be worth printing out these booklets and highlighting the relevant sections.

Are you specifically asking for a basic account?

Hope this helps
Sarah

CCCS_Sarah

xLCWx wrote: »

MONTHLY INCOME ; STATUTORY MATERNITY PAY- £480.24
BASIC WAGE - £1098.00 (partner)
CHILD BENEFIT - £80.00
TAX CREDIT - £90.00
TOTAL INCOME - £1748.24
MONTHLY OUTGOINGS;
MORTGAGE - £646.06
GAS - £30.00
ELECTRIC - £35.00
COUNCIL TAX - £115.00
WATER - £33.00
TV LICENCE - £12.00
GROCERIES - £400.00
BABY MILK/NAPPIES - £65.00
HOUSE PHONE, INTERNET AND TWO MOBILES - £140.00
PETROL - £190.00
CAR INSURANCE - £75.00
CAR TAX - £17.00
MOT/SERVICE - £15.00
HAIRDRESSING - £20.00
CLOTHING - £50.00
DRY CLEANING - £10.00
PET FOOD(2 DOGS) - £30.00
PRESCRIPTIONS - £28.00
XMAS SAVING - £30.00
DENTIST - £15.00
HOLIDAY SAVING/EMERGENCY FUND - £50.00
PET INSURANCE/vet bills - £26.00
WINDOW CLEANER - £9.00
WASHING MACHINE INSURANCE - £5.50
SKY TV - £24.00
LIFE INSURANCE (2 POLICIES) - £43.00
TOTAL - £2113.56
INCOME £1748.24 -
EXPENSES £2113.56
= - £365.32.

Hello,

Thanks for your budget and message.

I would recommend that you call for an appointment with these figures and we maybe able to get you straight through to a counsellor. Most of the figures are fine, there are a couple that are slightly high ie phones etc but your counsellor will discuss these with you.

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

Sarah

CCCS_Sarah

Falze wrote: »

Hi,

I am in the process of getting the money together to go BR and we have found a lovely rental for me, my partner and our 2 girls. Both of us are needing to declare BR.

We currently own our home, but the mortgage and 2 secured debts on the house (plus our unsecured) are crippling us and we have decided (with advise) to move out and rent.

The property is in neg equity, so I understand that any mortgage / secured loan shortfall will be covered by BR.

The rental is available from the 25th May'10.

Do we petition for BR before we move out or after we move out ? Does it make a difference ? What is the best way to do this ? Pro's and con's wise.

Any advise would be apprecaited.

Hello,

Sue has answered this for you through the private messages. Let me know if you have any questions.

Sarah