The Bankruptcy Club & Supporters Club

Mike_St_Helens

bizzylizzy wrote:

I hope this is the right place to ask a few questions as I'm not a member of the club and don't have a number.
CCCS have advised that BR is the way to go, for me and OH. My head is spinning and I need to get a few things clear.
If we decide to do this should we stop payments to creditors now? Payments go by DD, mostly at start of the month. Should I tell them or just cancel the DDs at the bank? Would this tip off the bank that something is going on?
I am halfway through opening a new basic bank account, if I start proceedings should I tell the new bank?
Sorry for all the questions.

As long as you dont have debts with the bank that you...well bank with... then you should canx all DD's and save all the money you have,.... youll need it for after B day.

The bank wont bat an eyelid at you canx all your DD's... Do you have online banking... if so canx all online.

sandralovescats

Could I join and have a number please?

sandralovescats

Just a small tip for anyone who wants to shop online or use a "credit" facility. Myvesta introduce the Cashplus card which is a mastercard, is used like a mastercard - but there is no credit given. If you put £100 into the account, you have £100 to spend, etc. You can put money in via the post office, or via a retailer who uses the scheme. My retailer was a jeweller's shop where I live. It is brilliant! You can access your statement online and track what is going on. You can even have money paid in from wages, etc.

There is a £9.95 set-up fee and a £4.95 per month fee. Or you can pay £1 per transaction. Depends how much you are intending using it! There are no interest payments, since it is not credit.

It certainly gives you freedom back!

sandralovescats

I cancelled all of my DD at NatWest when I decided I was going to do an IVA and they did not even ask why!

Mike_St_Helens

James&Shell wrote:

Can i join as im a discharged bankrupt?

Im sorry its took me so so long....

Your #11

Please PM me if you need anything !

Mike

Mike_St_Helens

davethecue wrote:

Hi

I went br yesterday and would like to join the club on Rog2 recco.
if anyone wants to know any of the practicalities I will try and help
Whats my number ? ( comp illiterate will follow instructions from top of page)

howdy !!

#12 for you !!

Mike_St_Helens

sarah_skint wrote:

Hi - i have been looking for this thread glad you bumped it!! I shall await my number - I have another meeting to discuss my debts at the end of the month will hopefully know more then.
Sarah

Oh dear.... #13...

Thats a lucky thing though... reverse psycology !

Mike_St_Helens

sueshells wrote:

Hi Mike,

I'm newly bankrupt and greatly relieved. Happy and willing to advise and support anyone else based on my own limited experience.

Please may I have a number?

Thanks,

Sue:j

#14 for you.......

I should ask for fees !

Mike_St_Helens

don5 wrote:

hi mike.

im not but my close friend is stuggling along at every other option so do we count and whats our number please. perhaps you could email me regarding property and bankrupcy and how to save it as that is our fear .. to keep that as life is just a struggle..,

thanks mate await our number....

D.

Hiya Don.....

You are #15

Thanks

Mike_St_Helens

GrannyKnits wrote:

Hi i would like to join please, I was declared discharged last month after 6 months.

Went through an awful time before i actually decided to go ahead. Had helop and advice from CAB. The actual process was the easiest bit! In and out with the Judge and spoke to the official receiver on the telephone the next day. No income, no assets so straightforward really.

• Tip - I changed bank acount before I applied as one of the CC debts was with my bank and the could have closed it.

• The only real downfall now is not being able to have a debit card. (Can't use Tesco online and get all those points!) Don't ever want any cc's again so that's not an issue.

It did go in our local paper and London Gazette(?), nosey neighbours saw it but they were the only ones who mentioned it to me.

• The up-side is being able to buy things with cash, before all the money went on paying off the cc there was barely enough to buy food lt alone anything else. That's the vicious cycle we were in. It has lifted a weight off my shoulders although if i think too much about it i do still feel guilty.

So, if i can lend any support or advice I am more than willing.

• For anyone going through it now, or about to, there's plenty of support here. It will get better:D

Youre a sweet #16!!