Welcome Newbies and Lurkers

dojoman

solventsoon

dojoman wrote: »

Same here SS, don`t know where this heatwave has gone!

It arrived here finally, Dojo it's been roasting this afternoon, loving it though!:D

Hope it arrived with you finally?

ifwisheswerehorses... wrote: »

A late afternoon bump from me

Hope you've all had this sun :dance:

I have indeed, If, it's been glorious this afternoon:j:j:j

solventsoon

Good morning all
Hope everyone is well on a sunny Monday morning:D

charlie1302

Hello i am new to this forum and i am looking for advice

here is were i am

3 years ago a friend told me to speak to his friend who was an accounts manager for a bank about setting up an account which we did

he then after changing our account over got us to change our mortgage to them

we had a previous mortgage of 274k but he said to get the better deal take out a loan with us and pay off 30k of your old mortgage which we did

now 3 years on our mortgage changes from intrest only to repayment and jumps up 800 per month so along with the loans we took out with them means we no longer have amy money to live on even if we cut back on all but the essentials

i have contacted the bank and asked for help and they have declined but during the conversation they were amazed that we took out a loan to pay off our old mortgage-and a very bemuzzed account manager said they would look into and call me back-no call yet

i feel like going bankrupt as i see no way out of this mess which i feel is prtly the banks making.

now i know i am old enough to understand what i am signing for and i think we got carried away with the so called good advice-but i think there was something untoward done to get our mortgage

we just want to hand them the keys back and tell them to swivel but looking into the ramifications i am not sure if its worth it.

any advice would be great

dojoman

Hi Charlie, welcome to the forum:)

Please contact one of the charities below, they will offer free and impartial advice.

https://www.nationaldebtline.co.uk/
https://www.citizensadvice.org.uk/
https://www.cccs.co.uk/



Below is a link you may found helpful about going BR?

https://forums.moneysavingexpert.com/discussion/1056083

dojoman

dojoman

And another bump!!!!!!!!!!!!!!!!

solventsoon

And another bump from me.

Sorry I haven't been around much today, Dojo, busy at work, Mondays are always bad:(

Hope you're well today?

solventsoon

And another quick bump

IF

Welcome to the Bankruptcy Board.

Hello and Welcome, Many of the posters on here have been through bankruptcy. They will be able to help, advise and also offer you support. We do have poster's who have/do work for the OR and Debt charities too.

Written by Fermi our board guide:-
Many people find that debt and bankruptcy is the cause or result of a period of great distress and anxiety in their lives. For some this can reach a stage where it is difficult to cope. So I would remind you that The Samaritans are available to help you through your troubles if the emotional side threatens to become overwhelming.

Helpful Links and Information.

To post your question go to the top left hand side of BR board, opposite the page numbers and press the "New Thread" button as shown below:

And type in the Title to your thread. If your post doesn’t get answered straight away please don’t lose heart, it’s often due to not being a 100% sure we would be giving the correct answer. If you find your post is not answered and it’s on page 2, please ‘bump’ your post back up the board.

We often ask you to post your SOA so we can see if you have included what you need to:-
MSE SOA Calculator - Click here Select the MSE format at the end. Copy and paste onto your thread.

For ‘essential’ BR info this is Fermi’s sticky - Click here

BR Abbreviations - Click here

IVA & DRO Board - Click here

If you are new/old to this board and receive/see a comment that is not helpful or insensitive please don’t let it put you off posting, often these comments are made by people who don’t normally contribute to this board and don’t speak for us.

What to do if you get an insensitive or hurtful comment - Click here


Best wishes
If...x