contract mobiles - can i keep ?

lovebugfamilly

hi got my bankruptcy forms and a friend is gonna help me fill em in as they went bankrupt last year anyway they said i will have to give up my mobile it is on contract and declare mobile phone company as debtor ( im up to date with payments btw ) am quite happy to get payg phone but just wanted to double check as court date is likley to be in next few wks so thought i could get phone in advance ( nothing fancy mind )

philnicandamy

I know of a few posters that have kept their contracts after declaring themselves BR...as long as your I&E states and you have cash free to cover it & your not owing anything to the phone company you should be ok

Richard_S

Hi lovebug,

We kept our mobile contract through bankruptcy. It's paid monthly in arrears but I didn't class it as being a creditor because we were up to date with the payments.

As phil says, providing it doesn't cause problems with your I&E A/C there shouldn't be a problem.

Richard

lovebugfamilly

thanks it cheaper for me on contract tbh i pay £20 a month and a payg would cost me more a month

Brassneck

Although a mobile isnt always a necessity, they arent usually a problem.

But..........................it depends on how sharp the OR assigned to your case is in some circumstances, for example:

If you have a standard contract, you pay in arrears so you are never "technically" in receipt of any form of credit.

But if your contract allows you to pay a fixed amount and for that amount you get X amount of airtime allowance, that is credit as you are obtaining an allowed amount to use in exchange for minutes/texts etc etc.
So you can be stuffed if its a flext (t-mobile) type account, but in all probability they wont ask.
Although i was asked when i went.