The November Bankruptcy & DRO Club

confused76

fool_with_a_pen_75 wrote: »

Ahhh beginning to brick it a little now as tomorrow morning I will be in court.

My only hope is that the creditor turns up this time, last time they did not and so I walked away with the judge saying it was my lucky day! I knew somehow that it was not the end!!!!!

Anyway sure this for the best as I need to get closure!

I will update you all tomorrow.

FWAP (slightly quivering)!!!

hiya..i hope they turn up this time! i hope all goes to plan, make sure you update us tomorrow! i'm the day after, 19th, gulp! i'm scared now!

fool_with_a_pen_75

confused76 wrote: »

hiya..i hope they turn up this time! i hope all goes to plan, make sure you update us tomorrow! i'm the day after, 19th, gulp! i'm scared now!

Hi confused, I sure will and don't panic I have had a wierd day today, forgetting sometimes (althou I was at work which helped) and then remembering 'this time tomorrow, this time tomorrow' but that said at the end of it we are all going through it together aren't we, sure your day tomorrow will be a little wierd but not long now so hold in there!

confused76

fool_with_a_pen_75 wrote: »

Hi confused, I sure will and don't panic I have had a wierd day today, forgetting sometimes (althou I was at work which helped) and then remembering 'this time tomorrow, this time tomorrow' but that said at the end of it we are all going through it together aren't we, sure your day tomorrow will be a little wierd but not long now so hold in there!

hiya fwap it's good to be able to share with people who are going through the same thing, i'd go mad without this place! someone in work has just told me she's going br 2 weeks after me - we've spoken about money worries before. now whenever we see each other we're pulling faces and panicking together
i'm hoping tomorrow in work will go quick and noone asks me for anything:rolleyes:
good luck tomorrow, it'll be over before you know it! xx

cloverfan

dojoman wrote: »

Same day as me, you will be in good company then? :T

YEA!!! Dojoman!:j:j:j

Will almost be like going to court together:rotfl::rotfl::rotfl:

xx

dollparts

fool_with_a_pen_75 wrote: »

Ahhh beginning to brick it a little now as tomorrow morning I will be in court.

My only hope is that the creditor turns up this time, last time they did not and so I walked away with the judge saying it was my lucky day! I knew somehow that it was not the end!!!!!

Anyway sure this for the best as I need to get closure!

I will update you all tomorrow.

FWAP (slightly quivering)!!!

Aww all the best for tomorrow, hope it goes ok.

TotalDespair

Howdy all.

We should have gone BR this month unfortunately day before our BR date the company OH works for announced official redundancies:eek: and we pulled out due to him having maybe a large redundancy payout and a pension lump sum and thought we had better take a more better look at our situation.

Well we looked at our situation, wasnt that good as the OR would have had the redundancy payment lump sum and pension lump sum but last night OH came home with an offer of redeployment within the company which he wants to take.

This means his redundancy would be withdrawn and his pension would be safe, but the part he isnt liking means he losses his job title,but as he says whats a job title/position when a wage packet still is coming in. so I have one question to askand its this,

His new job means a drop in wages of around £5.5k a year....all the job changing about is provable with official documents etc and as OH said better any job than no job...
Would the OR look unfavourably at OH down grading his job?? I should think that taking a lower paid job and bieng in employment would be more better than NO job.

OH would still be within a IPA/O range and still would have the possibility of a BRU but thats better than bieng unemployed and no income to pay anything at all.

Have phoned the local court and they have dates available for the end of the month so we are going for it, just was wondering what the OR would think of OH taking a lower paid job and not the large redundancy payout that would have only wiped out 30% of his debts and his pension lump sum would have only wiped out about 5% of outstanding debts, whilst this new job woud give them a IPO for 36 months at least...

Hope you are all keeping well and warm on this chilly rainy dull day here in the Midlands

Lexie x

fool_with_a_pen_75

Hi ya all,

Popping in as promised well it is official this time...creditor showed up, so at least i was not waiting and wondering.... will post a few more details on as a post for others in main forum but so pleased that the beginning of the end has started!!!!!!

Thank you to everyone for every single piece of advice, felt so strong going in there kinda knowing what may happen.

Good luck to everyone else this month too, will continue to post as things progress but think that I am going to lose the car so that is the next thing to wait and see about.

love FWAP

Trying to get the kids to bed so I can get a glass of wine in my hand!

curly04

Can I join I went BR yesterday?
Thanks

scot88

I wanna join please. I should be BR by the end of the month. I wish I had found these forums long ago then I wouldn't have had to do this all alone. Never mind I'm almost there. Seems Scotland is a lot different procedure from England, less complicated and I dont have to go to court, for which I am very thankfull.

confused76

TotalDespair wrote: »

Howdy all.

We should have gone BR this month unfortunately day before our BR date the company OH works for announced official redundancies:eek: and we pulled out due to him having maybe a large redundancy payout and a pension lump sum and thought we had better take a more better look at our situation.

Well we looked at our situation, wasnt that good as the OR would have had the redundancy payment lump sum and pension lump sum but last night OH came home with an offer of redeployment within the company which he wants to take.

This means his redundancy would be withdrawn and his pension would be safe, but the part he isnt liking means he losses his job title,but as he says whats a job title/position when a wage packet still is coming in. so I have one question to askand its this,

His new job means a drop in wages of around £5.5k a year....all the job changing about is provable with official documents etc and as OH said better any job than no job...
Would the OR look unfavourably at OH down grading his job?? I should think that taking a lower paid job and bieng in employment would be more better than NO job.

OH would still be within a IPA/O range and still would have the possibility of a BRU but thats better than bieng unemployed and no income to pay anything at all.

Have phoned the local court and they have dates available for the end of the month so we are going for it, just was wondering what the OR would think of OH taking a lower paid job and not the large redundancy payout that would have only wiped out 30% of his debts and his pension lump sum would have only wiped out about 5% of outstanding debts, whilst this new job woud give them a IPO for 36 months at least...

Hope you are all keeping well and warm on this chilly rainy dull day here in the Midlands

Lexie x

hiya
i don't see why you would need to tell the OR that there would have been a redundancy payment if your OH had lost his job - he didn't lose his job so that options is no longer there. i can't see how losing a job can be preferable to downgrading in the current climate. i really don't think you have anything to worry about. you've got a steady income coming in and that's better than the uncertainty of redundancy. don't panic x