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Phone Contract

marcmac
marcmac Posts: 12 Forumite
in Bankruptcy & living with it
Hi

I am about to apply for bankruptcy but have a question about my phone.

I have a contract with o2 and it expires in december. This contract includes a phone. I dont want to lose the phone. Should I declare the contract as a creditor? Or is it a bill like gas and electricity? My wife can pay the contract until December. Any advice would be appreciated.

Thanks!
«1

Comments

  • 1worried1
    1worried1 Posts: 55 Forumite
    I had and still have a phone contract with 02, I went BR in Oct10 and have a rolling contract with 02 so it never really expires, but I have had no problems with them since being BR.
  • marcmac
    marcmac Posts: 12 Forumite
    Thanks for your reply. Did you list o2 as a creditor?
  • battyboimatt
    battyboimatt Posts: 622 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Hi Marcmac,

    I went Bankrupt last Monday and 02 are asking for the phone back, I did list them as a creditor
  • 1worried1
    1worried1 Posts: 55 Forumite
    No I did not list them as a creditor as I was up to date with my payments to them.
  • nomoneytoday
    nomoneytoday Posts: 4,871 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Is it a cheap phone, or an expensive smart phone?
  • Ineedaname
    Ineedaname Posts: 3,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I'm with Orange and didn't declare them as a creditor as I didn't owe them anything. In fact, the day I went BR I was £5 in credit on my last bill as they'd compensated me for something going wrong.

    I've still got the phone and the contract, OR isn't interested in it either.
    When I joined, I needed a name. The forum members gave one to me...I am INAN :D
    "Fortunes ebb and flow and a boat must move with the tide and be thankful that it floats." Judith Allnatt
  • marcmac
    marcmac Posts: 12 Forumite
    Its an iphone. I guess as I dont owe them any money I will not list them as a creditor. Thanks for all the replies!
  • dojoman
    dojoman Posts: 12,027 Forumite
    If they get wind of your BR they will close your account, didn`t use to be like this but o2 have now changed their t&c.
    :pB&SC No. 298
    Life`s Tragedy is that we get OLD too soon
    and WISE too late!
  • marcmac
    marcmac Posts: 12 Forumite
    So even if i dont declare it O2 can cancel my contract and I'll lose my phone? How would they find out?
  • nomoneytoday
    nomoneytoday Posts: 4,871 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    marcmac wrote: »
    It's an iphone.

    Isn't that worth couple of £100 towards your creditors?
This discussion has been closed.
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