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Bankrupt & Beyond
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Annie35
Posts: 385 Forumite
So Jan 2019 I applied for bankruptcy.
It was A LONG TIME coming & the first couple of days it hit me, no more running. This was it, no more running, NO MORE RUNNING!! :j so far so positive yeah! Cue lots of 'Phoenix rising from the flames' type imagery ok
So this is my diary of the bankruptcy process, there'll be why's, feeling sorry for myself & what next and of course more debt busting as DH exposes his £££ debt :eek::eek:
It was A LONG TIME coming & the first couple of days it hit me, no more running. This was it, no more running, NO MORE RUNNING!! :j so far so positive yeah! Cue lots of 'Phoenix rising from the flames' type imagery ok
So this is my diary of the bankruptcy process, there'll be why's, feeling sorry for myself & what next and of course more debt busting as DH exposes his £££ debt :eek::eek:
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Look forward to reading this, i think you may find its not as all consuming as you may of first imagined, after initial contact with the OR, you most likley won`t hear from them again.
Good luck.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 Annie35 welcome to the diaries board
As Sourcrates says it is not as all consuming as you may have thought... other than periodic review of your financial situation you're unlikely to hear much from them.
There are some differences between Scotland and England with regards to bankruptcy.
My bankruptcy process is referred to as sequestration, bankruptcy lasts for a year and you are then discharged from bankruptcy, the sequestration lasts for a further 3 years and then your trustee will be discharged and everything is resolved.
If you need any advice or info on anything just post up and someone will pop in to help
We really are nice like that on hereBUGGRITMILLENIUMHANDANDSHRIMP 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
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