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'Windfall' just before BR
Skint_Chick_2
Posts: 4 Newbie
Hi
It's my first time posting but I have found this forum invaluable over the last few weeks.
I have already taken advice from cccs and national debtline and they both agree that BR is the way to go.
I'm currently in the process of getting the money together for court fees etc.
A couple of days ago I found out that I have been awarded a settlement from my divorce a few years ago. (It's not a huge amount in the grand scheme of my debt - £6.5k and over £40k debt)
I don't think it is worth offering f & f settlements is it? They would only get 15p in the pound.
My question is what to do with this money (if it arrives before BR).
Should I keep it in a seperate account for the OR to split as he wishes? Should I draw the cash out and give it to the court when I go?
(I think I know the answer to this, but will ask anyway!) I currently have no kitchen, we are trying to save up for one but it will take years at this rate (we literally have a sink, cooker, washing maching and fridge in a 'room' - I can't call it a kitchen), and I am expecting our first baby in the summer. Could I use a little of this money towards the kitchen and take pictures as proof and keep receipts to show the OR?
The kitchen issue is just the tip of the iceburg to be honest. We also have no flooring in anyroom other than the bathroom and nothing on the walls bar bare plaster. The only habitable room is the bathroom :-(
It's also not my house (it's my partners) so I guess I can't be seen to put too much money towards it.
Any advice would be very welcome
x
It's my first time posting but I have found this forum invaluable over the last few weeks.
I have already taken advice from cccs and national debtline and they both agree that BR is the way to go.
I'm currently in the process of getting the money together for court fees etc.
A couple of days ago I found out that I have been awarded a settlement from my divorce a few years ago. (It's not a huge amount in the grand scheme of my debt - £6.5k and over £40k debt)
I don't think it is worth offering f & f settlements is it? They would only get 15p in the pound.
My question is what to do with this money (if it arrives before BR).
Should I keep it in a seperate account for the OR to split as he wishes? Should I draw the cash out and give it to the court when I go?
(I think I know the answer to this, but will ask anyway!) I currently have no kitchen, we are trying to save up for one but it will take years at this rate (we literally have a sink, cooker, washing maching and fridge in a 'room' - I can't call it a kitchen), and I am expecting our first baby in the summer. Could I use a little of this money towards the kitchen and take pictures as proof and keep receipts to show the OR?
The kitchen issue is just the tip of the iceburg to be honest. We also have no flooring in anyroom other than the bathroom and nothing on the walls bar bare plaster. The only habitable room is the bathroom :-(
It's also not my house (it's my partners) so I guess I can't be seen to put too much money towards it.
Any advice would be very welcome
x
0
Comments
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Duplicate thread, can this one be deleted please?When I joined, I needed a name. The forum members gave one to me...I am INAN
"Fortunes ebb and flow and a boat must move with the tide and be thankful that it floats." Judith Allnatt0
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