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Bankrupt today

JUSTABOUTTO
JUSTABOUTTO Posts: 8 Forumite
Combo Breaker First Anniversary
in Bankruptcy & living with it
Just thought I would let you know about my day. Got to court at 9am. Saw clerk at 9.30, very informal, just like being in the queue at the post office. Handed my papers over, told to go upstairs. Waited about 20 mins. Went into room, saw lovely judge, declared bankrupt at 10.21am.
Went to OR office, will be in touch with me within five days.
All in all, not what I thought it would be.
Everyone was very nice.
«1

Comments

  • dawn2dusk
    dawn2dusk Posts: 529 Forumite
    Hi justaboutto, it must be a relief for it to be all over and done with. Glad it all went ok for you.:T
    Amazon No:17

  • Tr@cker
    Tr@cker Posts: 532 Forumite
    How do you go on now then just cash for everything ? What of those who normally have their wages paid straight into a bank account who are bankrupt, what do they do ?
  • Xbigman
    Xbigman Posts: 3,898 Forumite
    Uniform Washer Combo Breaker First Anniversary First Post
    Anyone going bankrupt now opens a basic bank account and pays cash most of the time. Direct debits are still usable but the utility companies will switch your meter to prepay, or you switch the account into partners name.

    JUSTABOUTTO
    Good luck. Look to the future now and not the past.
    Regards



    X
    Xbigman's guide to a happy life.

    Eat properly
    Sleep properly
    Save some money
  • rog2
    rog2 Posts: 11,650 Forumite
    Combo Breaker First Post
    Well done JUSTABOUTTO - that's the most difficult part over - enjoy your fresh start.
    I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
    If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.

    HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7

    DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS
  • rog2
    rog2 Posts: 11,650 Forumite
    Combo Breaker First Post
    Tr&#64 wrote: »
    How do you go on now then just cash for everything ? What of those who normally have their wages paid straight into a bank account who are bankrupt, what do they do ?

    BLATANT PLUG - there's loads of advice over on the BANKRUPTCY CLUB and all are welcome:beer:
    I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
    If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.

    HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7

    DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS
  • scootw1
    scootw1 Posts: 2,165 Forumite
    Xbigman, you say the utilities companies will switch to prepay. I am currently on DD. Will it cost to switch the meter over? Will the whole bill outstanding at the moment be payable before that happens?
  • Tr@cker
    Tr@cker Posts: 532 Forumite
    Rog2, you're a blatant paranoid numpty!
  • rog2
    rog2 Posts: 11,650 Forumite
    Combo Breaker First Post
    Tr&#64 wrote: »
    Rog2, you're a blatant paranoid numpty!

    How true (if I knew what it meant) :beer:
    I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
    If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.

    HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7

    DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS
  • Mike_St_Helens
    Mike_St_Helens Posts: 3,414 Forumite
    Well donr on a very stressful day,. Mine was Monday... See the world doesnt melt after BKY....

    there is loads of asvice on the Bankruptcy supporters thread.
  • im1dful
    im1dful Posts: 117 Forumite
    scootw1 wrote:
    Xbigman, you say the utilities companies will switch to prepay. I am currently on DD. Will it cost to switch the meter over? Will the whole bill outstanding at the moment be payable before that happens?

    If there is an outstanding bill, it will be a debt in the bankruptcy and so you are not allowed to pay it (even if it is requested). That is assuming that it is in the bankrupt's name only, if it is in joint names with a non-bankrupt partner, that person is liable for the full amount.
This discussion has been closed.
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