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My OH Bonus - help please
Hi All I have a question about my OH bonus, we mentioned to the OR that my partner gets paid a bonus if the company he works for does well and the OR advised him to let them know when we receive it and they will ask for 50% of it, which is fine with us, but my question is - Will we have to pay this for the 3 years or until…
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Creditor threatening to make me bankrupt - how pays the fees?
Hello all, I have been a "lurker" here for a while, and what a fab site! Itsreally helped me already. I had come to the decision to go bankrupt (On income support, no assests (apart frm a car worth around £400 trade) owe around 22k) but one creditor has sent a statutory demand, and now a letter saying that they plan to…
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Trust Deed or Sequestration
Hi all Please can i ask for some pointers for some friends who have got themselves in a pickle. Current situation is: Couple in their 40's with 2 primary school age children. Unsecured debt of approx. £100,000. It looks like it will take about 12/13 years to pay this back via a DMP assuming everyone freezes interest/no…
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Panic about CHB
I've just realised that CHB is going into our overdrawn Bank account in a weeks time and OH is declaring B/C on Tues and i've already missed a telephone bank review and cancelled all my DDs but forgot about CHB.(thought i was doing well :eek: ) I will call them on Monday when i should get my CO OP bank account details or…
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IPA's - dumb question?
Having read various threads here, I have a question..... Am I correct in my understanding that if you are not given an IPA at the start of your BR, you won't get one?
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Is Bankruptcy right for us?
We are paying an interest only mortgage and owe £167,000 on it ( approximately). the re-payments are £1,139.00 per month Have been to the CAB today and they want all of our debt information. Just been working it all out and have discovered we have combined debt of £49,000 Creditors are threatening daily, can't open the…
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I & E question
Hi Well the court date is set for Tuesday and i'm ploughing my way through the forms:eek: , i have a couple of questions re the I & E. 1.OH will obviously put down his earnings as its his form i'm completing, do i put down my contribution down in parts 6.6 and 6.7 as being CTC, WFTC (although its based on OH earnings its…
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Got my IPOQ this morning, a few questions!
Hi guys, Well looks like it might be early discharge for me! Got my IPOQ this morning, but need a bit of clarification with the contribution element. As you know my little lad and I are still living with my mum - although looking for rented accomodation at moment. Nothing has changed re circumstances etc and contributions…
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BR and debts
HI quick question, Went BR back in June, finally thgorugh most of it, just handed house back to mortgage company, been told in letter can keep car\etc, got a job, no IPO as yet but after leaving property to now rent nI have huge electric and gas bills- Can I put these into the bankrupcy as I am not discharged? Cheers in…
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My anniversary....
Like Rog 2, our 12 month is up today although we both got early discharges. My BR came about due to the failure of a blue chip company to pay on time and honour contracts held with my business. Using all our savings and more to try and keep 15 people in employment for as long as possible left us in a situation where we had…
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Juggling Peter To Pay Paul Has Ended
Over the years i have been rubbish in that i have gambled and smoked etc and you might say p"ssed my life away without two hoots to the wind. Unfortunately things are starting to come to a head as i am starting to miss the minimum payments on my credit cards but i am still paying what i can afford,which is below the…
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Had our Interview - what happens next?
Hi Everyone Well we've done the court and now both had our interview with the OR.... What happens next? He mentioned the expenditure and said it exceeded our income - do you think we will get an IPA? He also said there is a slim possibility of a house visit? I'm scared we may get a BRO/BRU will they write or would he of…
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Data Controller contact details for Barclaycard
Hello, I am trying to repair my credit record, and I need to write to the Data Controller for Barclaycard. I looked on the Information Commissioner's website and found these two addresses: BARCLAYCARD XANSA PARTNERSHIP LTD 420 THAMES VALLEY PARK DRIVE THAMES VALLEY PARK READING RG6 1PU BARCLAYS BANK PLC ONE CHURCHILL PLACE…
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Newbie considering Bankruptcy & Iva or both! Help needed!
Hi,After lurking for a few weeks and reading how helpful everyone is, I've decided to post.The situation basically my partner and I are in is that he has roughly £65,000 and I have £30,000 worth of unsecured debt..(we will both be sitting down over weekend to do our I&E and then going to give CCCS a call). Up until the…
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Statistics Release: Insolvencies In The Third Quarter 2007
For those who are interested. From: http://www.insolvency.gov.uk/otherinformation/statistics/200711/index.htm Statistics showing insolvencies in the third quarter 2007 are published today (2 November) by the Insolvency Service. INDIVIDUAL INSOLVENCIES There were 26,072 individual insolvencies in England and Wales in the…
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On the road from Banruptcy to Freedom Mr-tonyc
Update !! My daughters boyfriend has had his OR telephone interview today who was most helpful.He has been told that he will receive a NT tax code which is Nil Rate and the money he would have paid in tax will be paid to the court until discharge.The only asset he has is a £1 premium bond from childhood which he has been…
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Interview tomorrow - I'm scared
Oh God, I have my interview tomorrow at the court and i'm so scared.:eek: Ive no idea what to expect, and really no idea what to expect during my Bankruptcy. I haven't managed to tell any of my family what I am going through, they will have opinions that I cannot handle right now. My husband who helped build up the debts…
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Debts and CHB
Can i put this idea across and see what people think. OH going bankcrupt which leaves me with debts of approx £5.5k, the only income i have is CHB(child benefit) in my name which would cover the minimum payments on my debts except for a joint overdraft which i would have to come to an arrangement with them to pay it off…
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new bank account statements needed??/
Hi, Just A Quick Question, Do I Need To Keep My New Bank Account Statements For The Or? Any Help Is Appreciated!
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Frustration with Barclays
I went into my local Barclays on 11th October and asked to start a cash account, they handed me forms which i completed them and handed over forms of ID, they said they would send them off and i should hear within a week. Yesterday still nothing in the post so called a number i found on internet, i think its a central…