Can I Travel Abroad Why I Am Bankrupt

savagevixen

Broken_hearted wrote: »

Or on the other hand she doesn't like people who cheat the system, try to fool the OR or use bankruptsy for personal gain. No I wouldn't like to go bankrupt, the debt I have is very small. I've just had a free holiday ok only Pontins but hey it's a holiday.
The first post was tounge in cheek, the second was helpful.

Absolutely BH, no one does, and I do not know of anyone here who does. I have never tried to cheat the system or the OR, however if Bankruptcy clears you of debt, or in the case of an IPA/IPO, reduces the debt to a manageable amount, then by its very nature it improves quality of life. So really you do personally gain if you declare bankruptcy, either intentionally or not.


Personally I would feel very awkward going on an expensive holiday post-bankruptcy, I declared my £50 return Speedferries crossing, having purchased it with a CC.(Still unused) Likewise a holiday 4 weeks before BR, which we paid £200 for flights for 7 of us. Parents-In-Law paid for accommodation, so that was fine! (And it was our first holiday in 4 years!!) Pontins was soooo disgusting we received a full refund in May, as the accomodation was not fit for animals let alone children.:o

For someone who has

a) no intention of going Bankrupt
b) seems to dislike bankrupts
c) has no support for even the most genuine of bankrupts

I am absolutely at a loss as to why you are so obsessed with the Bankruptcy board. I only come here and post because I have a personal interest in Bankruptcy, you have admitted you have no need for it and would not like to do it, so really why bother. More often than not you upset people.

savagevixen

And please lets not have loads of patronising posts about slanging matches, I have no interest in an argument. It is way to boring and gets out of hand.

I have raised genuine points here.

gettingitsorted

debtmonkey1 wrote: »

Matty-yes-you can have your holiday! I work in the holiday trade & you would lose your deposit/free kids places, etc if it was cancelled (this can be mentioned to the OR at the meeting if questioned-I personally would not make a big thing about it-just put down a figure to save a month towards it on your SOA & only go in to dates/final prices if asked).

The OR will allow for holidays. Again-in the very very unlikely event it's challenged reiterate what I said about losing 'early booking discounts', free places, etc....Also if a monthly allowence for a holiday is NOT allowed.


Debt Monkey the OR does not always allow for Holidays theres no set rule on the subject and alot of people on this forum were not allowed a holiday budget.

wherediditallgo

savagevixen wrote: »

Personally I would feel very awkward going on an expensive holiday post-bankruptcy, I declared my £50 return Speedferries crossing, having purchased it with a CC.(Still unused) Likewise a holiday 4 weeks before BR, which we paid £200 for flights for 7 of us. Parents-In-Law paid for accommodation, so that was fine! (And it was our first holiday in 4 years!!)

Same here. I think anything that looks like extreme expenditure post-BR would look bad, especially to creditors. There was someone on this very board who lost money because of someone going BR, & they were very annoyed to see them in flash cars & spending in other ways after going BR. I can see her point - it must really rankle to think someone owes you money but doesn't pay it, then goes off & spends loads on other stuff. Even if it later turns out that they've got their facts wrong, the impression it gives is still very bad.

I'm not judging anyone on this board, but I think we all think very hard before going BR, & we've also got to use a certain level of judgement after it. If my parents weren't paying for my holiday, I simply wouldn't be going - I haven't had a holiday in over 6 years, & after all my health problems I really need this one. But even after that holiday, I'll be going for the freebie/cheapie breaks for a long time to come. My finances were in such a mess before I went BR that I have no intention of bringing unwarranted attention on them now. Maybe I'm worrying unduly, but I'd still prefer to do that & be a bit discreet rather than risk getting a letter from the OR requesting up-to-date bank statements because a complaint has been made.

Broken_hearted

All you have to be is open an honest the OR isn't out to trick you, they just want to make it fair for all concerned and that includes the creditors. If you need a holiday next year check out Pontins they have run the free offer this year and last.

debtmonkey1

Hi-not wishing to start a debate-but my or said most examiners had the discretion to allow for holidays-if the monthly payment was reasonable (shown on soa). I realise it's not st in stone.

The OP has paid a depost to secure discounts/free places, etc.....very very unlikely that at his interview there will be a problem-as he will lose money if hol not taken.

matty123_3

Hi,
Thanks for replying,cancelling the holiday is not really an option,it was booked earlier on in the year and half paid for by birthday and christmas money that me and my partner have received,we too have not had a holiday in years and are really looking forward to it,i really don't feel too sorry for my creditors when i have struggled and gone without money for weeks just so i can make the payments to them and fulfill my obligitians,when what do they do thank you by putting the apr up on your maxed out account by 9% and will not reduce it back so you have no chance.I have half left to pay on the holiday and spending money will be funded out of christmas money that we receive this year and my children are so excited.
thanks again for all your advice.

wherediditallgo

Don't worry about it - yours is a different case from someone out who's just going BR to get out of paying debts without changing their lifestyle. With half already paid, I don't think the OR will have an issue with it. As long as you think you can find the balance outstanding from whatever money you have left to live on, then you'll be fine.