Glossary for "Bankruptcy & Living With It"

davelacey

gettingitsorted wrote: »

AE = Alter Ego

Damn!!!
I thought it was 'Ardboiled Eggs.

tight_jock

IPOQ = Income payment order questionnaire. Also sent for IPA`s apparently. This is a good indicator to early discharge apparently.


Love your avatar Dave :beer:

fermi

SOA = 'Statement of Affairs'.

SOA in the context of this forum "Bankruptcy & Living With It" can refer to:

1) The DFW SOA

as advised in the sticky:

http://forums.moneysavingexpert.com/....html?t=107280

2) 'Statement of Affairs (Debtor's Petition)'

which is a legal document used in petitioning for bankruptcy.

http://www.insolvency.gov.uk/pdfs/forms/6-28.pdf

This is very different to the DFW SOA

The guidance notes for filling in this form are at:

http://www.insolvency.gov.uk/pdfs/forms/debtorsguidance.pdf

It must be submitted to the court with this form:

http://www.insolvency.gov.uk/pdfs/forms/form6-27.pdf

with the appropriate fees.

See: 'How to petition for your own bankruptcy' at http://www.insolvency.gov.uk/guidanceleaflets/dealingwithdebt/howtopetition.htm

3) Statement of Affairs - (I&E) for the Official Receiver in bankruptcy.

A statement of fair income and expenditure for the purpose of assessment for an IPA/IPO by the Official Receiver.

For example, used for filling in an IPOQ or completing item (2).

Again this is very different to the DFW SOA

fermi

SD = Statutory Demand

This is the first legal document issued by the court in the process of a creditor making you bankrupt. It is normally used simply as a threat by the creditor or their representative, and is rarely carried through.

See: http://www.insolvencyhelpline.co.uk/legal_issues_explained/statutory_demand.htm

fermi

RTLU = Regional Trustee/Liquidator Unit

Sounds scary :eek:

betterlatethannever

savagevixen wrote: »

OP - Original Poster

ADOPT= almost dampened our panties tittering:p :rotfl: think it means somethings quite funny...
Are we going 'OS' here..os=off subject.

savagevixen

betterlatethannever wrote: »

ADOPT= almost dampened our panties tittering:p :rotfl: think it means somethings quite funny...
Are we going 'OS' here..os=off subject.

....betterlatethannever....OP-Original Poster, refers to the person who posted the thread originally.....ADOPT:D

Richard_S

betterlatethannever wrote: »

ADOPT= almost dampened our panties tittering:p :rotfl: think it means somethings quite funny...
Are we going 'OS' here..os=off subject.

What a truly beautiful thought :happyhear

debt_doctor

Savage, I prefer your version of BTW !!! Rollin about LOL !

badmark

Feel like ive come home, thought i was the only crazy one on the planet