The Bankruptcy Club & Supporters Club

Mike_St_Helens

scootw1 wrote:

You will have to 'smufggle' the money back to your GF, You are not supposed to pay anyone anything you owe once you know wyou are going to be insolvent.

Just bbe carefule ie : Dont draw out £2k and give it to her.....


Oh, no, its only a couple of hundred and she did say that she will accept a bit back each month. I can pay her that back from any surplus I have after the bankruptcy if need be. The surplus is mine to do with as I want yes? The question was, if I was to cancel the IVA now can I leave it until December pay to submit the forms or will thsi be seen as "you're having a luagh"

Oh, by the way, does the court ask for your bank statements for the last couple of months?

If you are sure its what you want, Canx the IVA ASAP....

You can spend what money you have left on what you want.

The court wont want bank statements, The OR might.

sandralovescats

goonergirl wrote:

ok
another dumb BR question
Ive filled in another bit on the online BR forms (was doing the hard copies sent from court but already made several mistakes so Online seems easier!) but ....
Just noticed at the bottom said I registered 31 october will the OR see that bit? only it will it look a bit strange that I registered Oct but didnt do BR till about jan/feb time? and how long do they stay online?

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The forms stay "live" for six months online.

I don't think the OR will think about the date on the original registration .

goonergirl

sarah_skint wrote:

i told the OH it looks though he might lose the car - he is not a happy bunny going through parkers it says it is worth around 4k although, the original car we brought which went on my cc cost 4500 we had since changed this as we now have 4 kids hence a bigger car - the other half took out the remainder of his isa and used it to upgrade so to speak for this car and I think if he lost it now I may well lose him too.

aren't men (sorry not all of you!!) a pain
My OH is just the same ! keep saying we better not lose the car!! I won't be happy if they take the car!!! god we ve had old bangers before and no im not keen on losing it but.... if that the way it gotta be! but it don't help cos it adds the feeling of its 'your' fault!

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sarah_skint

Talking of street corners,... Rght my job involves me driving around very dodgy areas (really !).. I was doing a report in a street last night, Guess what... Only a tap art the window asking if I was looking for business !!!

Should have asked how much, I could have told you the going rate to charge then,.....

:rotfl: :rotfl:

sarah_skint

wow ;looking at my bankstatemnets for the first time 64k in 63.5k out, then another loan, i was really blinded by all this. It's only just starting to strike home the actual extent of it all and i will be relieved when i come out at the other end and have a good nights sleep!!!

scootw1

But if I was to cancel the IVA now, wouldn't the IP be on my back over the next month to get the bankruptcy sorted out? i have to inform them so surely the creditors would be informed?

Mike_St_Helens

scootw1 wrote:

But if I was to cancel the IVA now, wouldn't the IP be on my back over the next month to get the bankruptcy sorted out? i have to inform them so surely the creditors would be informed?

Yeah... But just tell him exactly what you are doing....

What can he do.. apart from kneecap you ?

scootw1

Anyone comingback to me on the other question about the three month rule? about the creditors making you bankrupt?

Mike St helens. So you're saying I just tell Ip I'm ending arrangement and thenfile for bankruptcy whenever?

Mike_St_Helens

scootw1 wrote:

Anyone comingback to me on the other question about the three month rule? about the creditors making you bankrupt?

Mike St helens. So you're saying I just tell Ip I'm ending arrangement and thenfile for bankruptcy whenever?

Thats what I would do. Im not feared of any IP.. They dont have a hold over you. Everyone is different though. What on earth is the point in you paying more into a failing IVA - None.

scootw1

I will stop the IVA straight away but I needed to know how long it could be before I file.