After Bankruptcy...what now?

newfunk

pug_in_a_bed wrote:

I did wonder about this myself but didn't want to say anything in case it got your hopes up. Check the site, and then, if I were you, I would call your OR for clarification. Having now checked, it seems most people don't receive anything stating they have been discharged; although you can pay for a certificate. You don't have anything to lose by checking after all, as you prepared in your mind for discharge at a much later date.

Checked and not on the list! Called OR office and they said call back in the morning! However, they did tell me that most people who were bankrupt before 2004, had a high chance that they were now discharged!!

Gonna call in the morning!

ask_3

Thank you for all the details you all have posted.

I am not here to advise but to take advise. I have been in the UK for just 3 years and due to some stupid reason I owe about £11K to 4-5 credit card companies. I am not planning to go bankrupt coz my monthly re-payments work out to be £309 though i have never missed a payment.

shall i too opt for bankrupcy ?

thank you

newfunk

ask wrote:

Thank you for all the details you all have posted.

I am not here to advise but to take advise. I have been in the UK for just 3 years and due to some stupid reason I owe about £11K to 4-5 credit card companies. I am not planning to go bankrupt coz my monthly re-payments work out to be £309 though i have never missed a payment.

shall i too opt for bankrupcy ?

thank you

if you can afford to keep paying that amount, i wouldnt go bankrupt..i would try and get them all on 0% deals..or at least some of them..

ask_3

thank you. but how do i get them on 0% deals ? i have been doing that though. here :

Card A at 18%, apply for a new card with 0% for 9 months and transfer the balance of that card A. i mean i have been doing this for 7 months now and the current situation is that even my 0%'s are coming to an end ...you see. the worst of all, my surplus comes to -£182, rather to pay the minimum i keep borrowing cash from thses credit card companies..

newfunk

You could try writing to them asking to reduce the payments, or make an appointment to see the CAB! They will help you, and best of all its free!

ask_3

whats CAB ? pls advise. i dont mind visiting them or writing to them...

newfunk

Citizens advice bureau...Should be able to find your local one in the phone book

ask_3

right...sorry, didnt know what CAB was ? havent been here long enough. i have one close to us. i will surely see them. i did not know they advise on finances too. cheers again

pug_in_a_bed

Newfunk, fingers crossed for you...

newfunk

pug_in_a_bed wrote:

Newfunk, fingers crossed for you...

Just got off the phone to the OR... :j Dishcharged 1st April 2005... :j :beer: :j Thats brilliant news for me...Thanks for pointing this out to me guys!!