Bankruptcy has been approved now what

As above it’s been approved do I cancel all my dd? Inc hp for my car 

also I am due to make a £300 payment on Monday for a ccj do I let the person know that I am bankrupt or let the system do that? ( think it takes 6 to 8 weeks for them to contact them) the ccj is named in my bankruptcy.




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  • stanger66
    stanger66 Posts: 33
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    Feeling relieved worse thing is I offered to pay ccj instalments but she refused. 

    She cannot still get the bailiff to chase me
  • sourcrates
    sourcrates Posts: 28,522
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    Ok, you are now bankrupt, so you do not pay any of your credit debts anymore.

    If a creditor asks, you write and tell them your bankrupt, and refer them to your OR.

    The CCJ is now null and void, the creditor has no remedy against you any longer as you are protected by your bankruptcy.

    What is the situation with your car ? what`s its value ? is it essential ? You need to be a little clearer on this.
    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 [email protected]. 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-letter
  • stanger66
    stanger66 Posts: 33
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    Ok, you are now bankrupt, so you do not pay any of your credit debts anymore.

    If a creditor asks, you write and tell them your bankrupt, and refer them to your OR.

    The CCJ is now null and void, the creditor has no remedy against you any longer as you are protected by your bankruptcy.

    What is the situation with your car ? what`s its value ? is it essential ? You need to be a little clearer on this.
    Thank you I use my car but it’s on HP so I know I will lose it but do I stop payment towards it? 
  • Minkym00
    Minkym00 Posts: 768
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    You don't automatically lose it. Secured debts are not included in bankruptcy, but you need to check if your HP company will terminate on bankruptcy - some do, some don’t. How much are your payments? How long left on the agreement?
  • stanger66
    stanger66 Posts: 33
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    £200 a month company have said I can keep it if I keep up repayment 
  • luvchocolate
    luvchocolate Posts: 3,240
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    It's up to the OR then to decide if you have an actual need for it and whether they approve the payments in SOA 
  • sourcrates
    sourcrates Posts: 28,522
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    edited 10 March 2022 at 6:38PM
    The OR (or someone from there office) will usually call you in the next few days, so my suggestion would be to take the opportunity then and ask about the car, they should be able  to give you an indication of what is likely to happen to it.
    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 [email protected]. 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-letter
  • JCS1
    JCS1 Posts: 5,276
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    How much is the car worth, and how much is left to pay on it?
  • stanger66
    stanger66 Posts: 33
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    Thanks guys 

    car is worth £8k 
  • JCS1
    JCS1 Posts: 5,276
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    How much is the finance outstanding?
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