Hello - thanks for the reply but I am still really confused. I do have an IPA in place (£121 a month which is my tax - am currently on a NT coding), and in the letter from the solicitors months ago i was told i would only need to pay up until April. When does contact with the Official Reciever cease...

Hello – thank you for the replies. I have since received an early discharge notice. I was wondering how this changes things in terms of what I asked before. I still have to pay the solicitor the remaining 4 monthly instalments of £121 as I am on a NT coding, until the end of the tax year and am assu...

I was made bankrupt in May 2007 last year. My salary then was £13,000 PA (£860) after tax and NI and is still exactly the same now. In my phone interview with the Official receiver I was told I would have to make payments to them, half of the surplus approx £100. I later contacted the official recei...

Hi. I have been bankrupt for a few months now and recently I have been wondering about savings. After the past, I want to give myself the best possible financial future. I was wondering first off if your even allowed to have any sort of savings before you are discharged? Also, if for example it is r...

Thanks for the reply - yes i recently recived a letter from HM Revenue and Customs stating from now on I will be on a NO tax code. Does this literally mean I have to keep all the tax? What happens regarding the National Insurance? Also I don't know how much tax i should pay so how do I know what to ...

I was made bankrupt half way through May and was told after my interview by the official reciever i would have to pay approx. £100 for 3 years. I was then told I might not have to pay anything by the case officier and then again I probably would. But I still have not heard anything and we are nearly...

I have been made bankrupt but have got a few things I would like to sell which probably would equate to a few hundred pounds at best. My question is is it ok to do this as it is a one off?

Thanks

Hi I have recently been made bankrupt and am having alot of problems regarding my current account with Natwest even though I have no arrears with them or any creditor associated with them. I have been informed they will close my account by someone today so I am looking to open up a basic accoutn els...

I just meant gyeneral stuff like going out i dont mean annything extraegent just the normal stuff so you rekon i should just put contingencies down with an amount next to it?

Anyone else?

Hi - Im in the process of going bankrupt. I just have a question regarding the outgoings page (section 7) of the forms. I have put down rent, housekeeping costs, telephones charges, travelling and clothing and then under other essential payments put down dental, optician, and medicial with holiday a...

I'm really worried about the differences between amounts of money allowed for bankruptcy compared to IVA. Are the essential outgoings allowed pretty similar? My IVA expenditure was this: Board 150 Phone 50 Food etc. 180 Clothing 40 contingencies 50 travel 55 One creditor, HSBC wanted to cut this dow...

Right really shocked at what has just happened and again need some more advice. Basically my ip contacted me and has said that the creditors will not shift but they can reduce their fees as they believe its in my interest? (Or is it the fact that they stand to make a few thousand if it does go throu...

Heye everyone thankyou for all your messages. I haven been up all night and haven't slept and am in such a state right now. I came to the desision last night that the only way out of this now is bankruptcy. I have spoken to my ip this morning and refused hbos demand of more money as i will not be av...

Hi everyone im really upset right now basically my iva pretty much failed earlier, and its HSBC all again causing problems. HBOS representing them basically would accept the iva but only if i upped my payments to £300. I only earn £750 and the proposed 260 for 20,500 (50p to the £)of debt was a stre...

Its ok scaredkez I appeciate your message I guess im quick to take offense sometimes just because i feel i'm always fighting battles particulary since i got myself into this state. Anyway I have read some of the stuff you have written on this forum and I just wanted to say that what you have coped w...