How honest are OR's?

betterlatethannever

Thanks DD thats reassuring.
Would that two months notice still stand even though i have broken the terms of the agreement by living here while BR? or would he be able to ask me to leave quicker?

Richard_S

MissMuppet wrote: »

This post has reassured me some what, I am also worrying about whether the OR will tell my LL! There is a clause in my agreement as well which says something about they can apply for a court order if I go BR. Hopefully I'll be able to persuade the OR not to tell them... not sure what I'd do if I was chucked out, maybe move to my Mum's in France!

Hi MissMuppet & betterlatethannever,

We have had this discussion previously and I can't remember once over the last year that anybody has been required to vacate a rented property because of bankruptcy.

The clause that MM refers to is key here: "can apply for a court order if;" that's "can" apply not "will" apply. As Rog has pointed out, the hardest part of any landlord's business is finding decent tennants who won't trash the place or do a runner owing rent.

Think about it a different way. Who is the most likely to keep up to date with the rent: a recently bankrupt person or somebody with a spotless credit record but struggling under an ever increasing debt burden.

Richard

debt_doctor

Yes its not possible to lawfully evict without using the court process, tenant in breach or not.

Ive NEVER heard of anyone being evicted for becoming bankrupt when they did nt owe the landlord rent.

Best wishes

betterlatethannever

Well, had my Or interview today, which went well-except he wants my £2 of premium bonds that were given to me by my grandmother when i was born:eek: each creditor will get 33.33p, I'm sure they'll be thrilled about that:mad:

Concerning my biggest worry, which was my LL being told, the OR said as long as he saw a copy of my tenancy agreement then that was it (no proof of rent uptodate etc) That was SUCH a relief.:T

MissMuppet

can't believe they want the £2 premium bonds, that's really scraping the barrell!! I can understand they'd want it if you'd won a million but 33.3p each, that's just silly!!

rog2

MissMuppet wrote: »

can't believe they want the £2 premium bonds, that's really scraping the barrell!! I can understand they'd want it if you'd won a million but 33.3p each, that's just silly!!

Incredible but true - I only had ONE Premium Bond, but OR took it - probably costs a lot more, in their time alone, to redeem it.

cheshire

Just some info from personal experience. On our OR interview I did not think to ask about the OR contacting my landlord/agent. However several weeks later and just before our lease was due to expire our agent contacted me to inform us that our OR had contacted them to make them aware of our bankruptcy. Cutting a long story short, "due to our recently incured change of situation" they felt that they had to advise their client (the landlord) not to renew our lease. Despite rent never late and in my opinion being very good tennants. After many phone calls, some particularly difficult we managed to secure an extension to our lease. My advice would be dont overlook it on your OR interview, ask the question and state you do not wish your agent/landlord contacted.

betterlatethannever

Some really good advice there Cheshire. Thanks.:T
It would never had occurred to me to mention it if it wasn't for this site.
I'm glad you finally sorted things out though. The LAST thing you need after Br is to have to move house.

JCS1

The premium bonds are unlikely to go to your creditors. Any assets realised first go towards paying the OR's costs, then if there is any money left over, such as through a nt tax code or IPA, then your creditors get the money

NEIL77

I informed my ll as i had a feeling they would contact him anyway they did eventually contact him but only to clarify how much rent i was paying lucky for me my ll is a top guy !