BR or not BR...that is the question

nik_k

mr_john wrote: »

I have waited just over 2 months for my appointment as well, so im in the same boat, but getting good advice from here so im sure you will.

john

Thanks for the positive vibe John I am hopeful of some good advice!

nik_k

Have just entered all my details on the CCCS online debt remedy screens, but of course they close at 8pm, and are only available Mon-Fri...grrr!!!

headoutofsand

nik_k wrote: »

Have just entered all my details on the CCCS online debt remedy screens, but of course they close at 8pm, and are only available Mon-Fri...grrr!!!

They need more volunteers, the problem being it takes months of training and even more months to get clearance off the CRB ( gone to far with it) and getting worse agencies.

nik_k

headoutofsand wrote: »

They need more volunteers, the problem being it takes months of training and even more months to get clearance off the CRB ( gone to far with it) and getting worse agencies.

LOL...I'm sure we could go on for pages and pages about the supidity of the current (over)reliance on CRB checks :mad:

Just means that I'm gonna be looking for some sound advice on here over the weekend, so bring it on guys!!!

nik_k

Any advice then folks?

Joint BR would give us the clean slate, and would also allow us to deal with the repossesion by effectively writing off the shortfall caused by being in negative equity. As I understand it, it may also allow us to remain in the property for longer than if we were to just allow the mortgage company to repossess.

Our current income would possibly, albeit a very small chance, allow us to resume the mortgage repayments, but I cannot see that we would be able to commit to repaying the arrears on top of the monthly subscription. Therefore, is there really any point in proposing anything to the mortgage company at the repo hearing if joint BR is not the decided option?

If joint BR is decided upon, is there any need to get this done before the repo hearing (19 August)? Obviously there is an ever-decreasing period of time between now and then.

In addition to the level of debt given in my opening post, we are also in arrears with our Council Tax, although repayment of this has been agreed with our Civil Enforcement Agency (Bailiff). If only my wife was to go BR, would her BR cover half of the CT arrears, or would I pick up her liability?

What are the restrictions which BR would have on my future employment prospects if I were to also go BR? I am AAT qualified, so would need to be sure that BR would not adversely affect any prospects. In terms of accountancy/finance jobs, is it only cash-handling jobs that would be restricted? How long would any restriction last for?

I just need some advice folks...and am looking to get advice from as many different 'corners' as possible.

headoutofsand

I believe a BR ( this may only apply to business BR?) cannot be an accountant and may find it a problem in some financial services. Please hold on as some posters come in at different times of day. Being today was a nice rare sunny day some may be out reveling. So hang on in there Nik;)