The Bankruptcy Club & Supporters Club

davethecue

Well done Rog2. Glad everything went ok. Now you can start looking forward
Good luck

rog2

davethecue wrote:

Well done Rog2. Glad everything went ok. Now you can start looking forward
Good luck

Thanks a lot Dave - The world is looking rosier already - I've had a call from an old friend who wants to chat about a possible job - can't be all bad

dirtyepic

Hi, I declared myself bankrupt February 2000, with £24,000 worth of debt (this included student loans which weren't supposed to be included but I had my declaration forms checked and checked again at the court and they said they had to be included. Doh) If the student loans weren't included it would have brought me under the £20,000 mark and I would've been declared bankrupt for 2 years instead of 3.

I wasn't allowed a bank account as this was before the days of basic bank accounts. In each bank I was made to feel like a criminal. It was absurd that an ex-convict or (as I was advised) a person with no fixed abode were allowed bank accounts - I was not. I lived with my dad, I had a good, responsible job, etc but I was not allowed a bank account. I had to have my salary paid into my boyfriends account.

I know that if I hadn't declared myself bankrupt I would've killed myself. Or I would've attempted to.

I was suffering from severe depression, my health was suffering, my work was suffering, my relationships with partner, family and friends were suffering. It wasn't fair on any of them.

I don't regret the actions that I had to take to start again. It was the correct route for me. Although I think it was an awful long time to 'pay my debt to society' and the further 3 years to fully wipe my credit slate clean.

My 6years was up this February, I had to get a certificate of discharge (which I had to pay for!!!) but there was no-one to point me in the right direction. I learnt the hard way after trying to apply for a joint mortgage with my now-husband (faithful and ever-supporting partner!) then going through the credit checking agencies then some kind soul told me to approach the County Court to request my certificate.

I now hold a credit card (paid off in full each month), a store card (paid off in full), a bank account (co-operative cashminder account, electron card, dd allowed - no cheque book or overdraft).

This has been a long 6 and a half years and every time I think I am okay the past does raise its ugly head. But I am stronger but now so scared of money.

I would love to be a member of this club and hope that I could help anyone, even if it is just by telling my (rather vague) story.

There really is always a light at the end of every long, dark tunnel. There is always someone out there to help you, just ask.

I wish I had been told the value and danger of money at school, although when I left during 1984 girls weren't even allowed to do tech drawing or woodwork or motor vehicle technology, only cookery or needlework - they really were the dark ages!

I think it should be core subject in ALL schools. There is no age when you are too young to be taught. But then, why listen to me, I made the biggest money mistakes of my life!!!!

Cheers for being there!!!

Terri

Rgc_3

dirtyepic wrote:

Hi, I declared myself bankrupt February 2000, with £24,000 worth of debt (this included student loans which weren't supposed to be included but I had my declaration forms checked and checked again at the court and they said they had to be included. Doh) If the student loans weren't included it would have brought me under the £20,000 mark and I would've been declared bankrupt for 2 years instead of 3.

I wasn't allowed a bank account as this was before the days of basic bank accounts. In each bank I was made to feel like a criminal. It was absurd that an ex-convict or (as I was advised) a person with no fixed abode were allowed bank accounts - I was not. I lived with my dad, I had a good, responsible job, etc but I was not allowed a bank account. I had to have my salary paid into my boyfriends account.

I know that if I hadn't declared myself bankrupt I would've killed myself. Or I would've attempted to.

I was suffering from severe depression, my health was suffering, my work was suffering, my relationships with partner, family and friends were suffering. It wasn't fair on any of them.

I don't regret the actions that I had to take to start again. It was the correct route for me. Although I think it was an awful long time to 'pay my debt to society' and the further 3 years to fully wipe my credit slate clean.

My 6years was up this February, I had to get a certificate of discharge (which I had to pay for!!!) but there was no-one to point me in the right direction. I learnt the hard way after trying to apply for a joint mortgage with my now-husband (faithful and ever-supporting partner!) then going through the credit checking agencies then some kind soul told me to approach the County Court to request my certificate.

I now hold a credit card (paid off in full each month), a store card (paid off in full), a bank account (co-operative cashminder account, electron card, dd allowed - no cheque book or overdraft).

This has been a long 6 and a half years and every time I think I am okay the past does raise its ugly head. But I am stronger but now so scared of money.

I would love to be a member of this club and hope that I could help anyone, even if it is just by telling my (rather vague) story.

There really is always a light at the end of every long, dark tunnel. There is always someone out there to help you, just ask.

I wish I had been told the value and danger of money at school, although when I left during 1984 girls weren't even allowed to do tech drawing or woodwork or motor vehicle technology, only cookery or needlework - they really were the dark ages!

I think it should be core subject in ALL schools. There is no age when you are too young to be taught. But then, why listen to me, I made the biggest money mistakes of my life!!!!

Cheers for being there!!!

Terri

Hi Terri

I really appreciate you writing that post as it helps me clarify the stage your at after bankruptcy(the re building stage)

As for why listen to you after making mistakes????emm its excactly why people should listen....you have alot of knowledge that can help people and thats worth alot

thanks again and good luck:beer:

rog2

Hi Terry,

I read your post with interest, and I must say that it took a lot of courage for you to take the decision you did. The law has changed, since your BR and student loans are, now, excluded from bankrupcy, and the bankruptcy period is now reduced. Whilst this helps people like me, it does not diminish the heartache that you had to endure and I salute you for wishing to share your experiences for the enefit of others.
I am pleased to see that you are now back on your feet, and I am sure that Mike will issue your BCSC number very soon.
Welcome to the club.

Pobby

Just to say rog2,glad it went well for yiou.best of luck with the job.

GrannyKnits_2

Thanks James&Shell for the phone number, will try first thing tomorrow.

I was told that once I had been discharged I did not need to tell anyone about the br but as its only 7 months since br day (1 month since discharge) should I tell them any way? Sorry to ask so many (probably obvious) questions.

Good luck with the job rog2

sandralovescats

The br will be on your record for 6 years, they will find it anyway!

As I said earlier, the co-op aren't concerned about IVA's or Br.

Good Luck!

severussnape

hi everyone

rog2 i wish i had come on earlier so that i could have watched the news for a man in a black blazer trying not to be on tv, anyway we are really pleased that it went so well for you.

we also opened a cashminder account after the oh b.. but they couldn't open it in time for his pay so opened one at the abbey, well what can i say the bloke we saw was a crafty little !!!!!! as i am not br... he said put the account into your name as they don't credit check joint names ( the second name that is ) he did offer a normal account with check book and debit card but we said no. he did tell us to come back in 3 to 6 months and if there had been no negative activity on the account then they would up it to a normal account ie. the current one offering 6%. so in a few months time we will pop back and see what we can do.

we hope that everyone who declared themselves br.. today get a full nights sleep tonight:beer:

goonergirl

My advice for what its worth is try not to rush round getting a bank account the day after your BR .
this is my boring story.
my OH left me,for affair or two or three! just after our son was born I got further and further in debt putting nappies and milk etc buying prams and just other stuff to cheer myself up on credit cards, then I figured to get a loan and pay it all off BIG mistake. i was never behind on any payments all the while juggling to rob peter and pay paul!
Finally went to the CAB for help they were great had to go to one miles away as that was the only one I could get appointment at. The man had been through it himself and he filled all the forms for me and got a nice lady to come to the court with me. Done and dusted I felt soo good when I came out a huge cloud had lifted.
So went round the town (as I was told a few banks to try) to get a bank account. They all turned me down All of them went to get manager, all of them made me feel like criminal all shouted out you just been made bankrupt and you want us to give you account no sorry! I was humilated and on a right downer. I went home.
Waited till about a week later till I had my phone call from OR . He told me to try a couple more banks but wasn't allowed to recommend anyone.
So built up confidence and finally went into LLoyds they did let me have an account.
I was made BR in 2002 and ended 2 yrs later,( I think laws have changed now) Ive never applied for a discharge letter as it costs £60 and I haven't seen the point, another year and it should be off my record??!
Unfortunatley a year or so after my BR I let my OH back into my life and he has mended some of his ways, apart from his love or drink and fruit machines and now we do find ourselves in bigger mess than I was before but hopefully if I can get him to agree to BR (which I am filling forms in for now) we will be allowed no credit between us and we will be able to live a credit free life style.
Please don't ask how anyone could let that happen twice in their lives its a question ive asked time and time again, and the reason I cannot face to go back to the CAB, God what would they think, how stupid can a person be??
But it is ok the worst part of it all I think was waiting for the phone call from the OR they were lovely on the phone but I did worry / do worry that they will think Im lying and there something they will say you are stupid person what have you done with all this money!!
But ..
you would not believe that feeling when you walk out of court with it gone and you can breath and sleep!!
Sorry to run on don't suppose that nonsense will help anyone but all Id say is when you come out of court don't depress yourself searching for bank account in a rush. Most important bills can be paid at post office anything which must have a DD like car insurance you can prob pay from a friend/relatives account for a while .
Good luck all
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