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Scared that I have messed up...
UncannyScot
Posts: 2,070 Forumite
Hi,
Going thru Sequestration and was discharged from bankruptcy end of July.
My OR / IP / Trustee has just contacted me for review of my circumstances and I am in a panic as my Mum basically paid for me to get a car last year, so that I could more easily visit and take her shopping / trips away etc she also covered the insurance and tax on it for the year...
Just a wee cheap runabout, worth less than £2k...
In my excitement at being helped out with this and that it was not costing me anything for the year I didn't think to inform the OR / IP / Trustee...
I am now having to cover the running costs of the car and it was only when I started to budget and put these costs together that I realised my error...
Any advice please, really concerned that I have made a huge mess of everything in not thinking to inform them about this
Going thru Sequestration and was discharged from bankruptcy end of July.
My OR / IP / Trustee has just contacted me for review of my circumstances and I am in a panic as my Mum basically paid for me to get a car last year, so that I could more easily visit and take her shopping / trips away etc she also covered the insurance and tax on it for the year...
Just a wee cheap runabout, worth less than £2k...
In my excitement at being helped out with this and that it was not costing me anything for the year I didn't think to inform the OR / IP / Trustee...
I am now having to cover the running costs of the car and it was only when I started to budget and put these costs together that I realised my error...
Any advice please, really concerned that I have made a huge mess of everything in not thinking to inform them about this
BUGGRITMILLENIUMHANDANDSHRIMP I TOLD EM! - Foul Ole Ron
It is important that we know where we come from, because if you do not know where you come from, then you do not know where you are, and if you don't know where you are, then you don't know where you are going. If you don't know where you're going, you're probably going wrong.
R.I.P. T.P.
It is important that we know where we come from, because if you do not know where you come from, then you do not know where you are, and if you don't know where you are, then you don't know where you are going. If you don't know where you're going, you're probably going wrong.
R.I.P. T.P.
0
Comments
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Hi,
If you have been discharged it shouldn't be a problem, are you still paying an IPA ?
If so just be honest, your restrictions end when discharged normally.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
Hi Sourcrates,
Thanks for quick response
I am paying a monthly DCO which I believe is same thing?
I have been thinking of just calling and telling them as I generally have a good relationship with them (or at least their PA), having contacted them about everything and anything else...BUGGRITMILLENIUMHANDANDSHRIMP I TOLD EM! - Foul Ole Ron
It is important that we know where we come from, because if you do not know where you come from, then you do not know where you are, and if you don't know where you are, then you don't know where you are going. If you don't know where you're going, you're probably going wrong.
R.I.P. T.P.0 -
Update - Bit bullet and contacted trustee and 'fessed up...
NOT a problem, worth less than £2k. Quite common for folks to be helped out this way by family / friends and it's not an issue... what a HUGE relief.
All I need do now is provide a copy of my revised I&E.BUGGRITMILLENIUMHANDANDSHRIMP I TOLD EM! - Foul Ole Ron
It is important that we know where we come from, because if you do not know where you come from, then you do not know where you are, and if you don't know where you are, then you don't know where you are going. If you don't know where you're going, you're probably going wrong.
R.I.P. T.P.0 -
DCO?
what is that please?0 -
Its the Scottish version of our I.P.A
Maybe debt collection order0
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