Bankruptcy-next steps

[jripley]

Istep closer and Swans girls appear to have gone through this. I am about to file BR and been told that it will only be a matter of weeks to the court appearance. Is this right?
Have you had a personal interview with OR or is this generally now done over phone?
What paperwork do you need to get and send off? I am the worst at paperwork,all over the place so I could do with getting prepared

[Julie]

Hi there - okay, firstly all courts have different ways of dealing with it. Give your local court a ring and see if there's a waiting list...we only had to wait 2 weeks. Once you've made the appointment you can start with the form filling.

The form ( statement of affairs) looks worse than it is. You can complete it online and save as you go along, so do a little bit at a time. You will need to list all your debts, amounts and account numbers.

Once you have completed the form, print it off read and sign. Then you can submit it online. Make sure you have 3 copies of the signed form to take to the court with you.

If you have any assets you will need to know the value of these. So if you own a property you will need a mortgage redemtion statement and a valuation ( we used an estate agent for the valuation).

Other paperwork you will need: bank statements, payslips, P60, details of any pensions.

On the day of the court - a clerk went throught the paperwork and then hubby saw a judge ( this doesn't always happen) for less than a minute. The BR order was granted and we sat in a small office and had a quick phonecall from the OR office. This was to arrange a further phonecall appointment. Some people do see the OR personally though.

The OR then sent through some forms that needed signing and we sent off payslips etc. Our joint bank account was frozen so we had to open a new account. The actual call took 30 mins and the OR could tell us what payments we need to make at the end of the call.

It honestly is not as bad as it seems - easy for me to say now, but please read my blog and ask any questions you need to.

Good luck xx

[jripley]

pension & BR. Panicking again - the IP advice was to go BR to protect my pension in 2 yrs Sounded logical and there is lots of advice on this forum that pension is protected. However now I have started the process the govt site suggests that if your occupational pension has a forfeiture clause then it might be included. Mine is a bog standard govt scheme. I haven't time and wouldn't no where to get the actual policy. It is just something that I have paid into all these years.
Any thoughts/knowledge or advice greatly appreciated.

[whattodo]

Hi there,

If it helps, I have a civil service pension and that has not been touched. As far as I am aware. all local government/civil service pensions are protected in BR.

[jripley]

Thanks for that and it does help. I am sure others have been in the same boat when you are waiting for decicions. Either IVA or BR. There is the relief of the decision made and then the doubts and worries start about what might go wrong.
My major one at the mo is that the Judge will say "No he's not making me bankrupr and I 've got pay all mt debts"