Hi, I wonder if someone could look over this and let me know if this sounds reasonable for a single adult:- Rent £265 Council Tax £50 Electricity £40 Gas £30 Water £30 Phone £50 (Virgin) TV Licence £15 Home Insurance £12 Groceries £150 Clothing £20 Hairdressing £10 Domestic Break £30 Birthdays/Chris...

Good afternoon, Can someone please answer a question I have? If you are required to pay an IPA, does this only last for a maximum of 3 years, even if you are given a BRU/BRO? Am I correct in thinking that after 3 years, all disposable income is then yours and no further payments to the bankruptcy ar...

Hi, I think I will be declaring myself bankrupt after all and I have phoned my local county court to ask them if there is a waiting list and they have said "no", I just need to turn up. Does this mean that if I submit my petition sometime in early March, then I should be declared bankrupt on the sam...

Hello,

Could anyone please tell me if you are given a bro/bru, does this start from the time of bankruptcy? So if you were given a bro of 5 years, would this start at the beginning of bankruptcy and extend a further 2 years after IPA payments have ceased?

Thanks

Keith

Hello, I am currently pursuing a possible IVA. However the process is unlikely to start until well into the new year. I have paid my credit card payments for December, apart from one of them and even though payment is only 6 days late, they have started phoning me on my mobile and at home. I don't k...

Can someone help please? If I had an IVA monthly payment of £350 over 5 years and my debts were £45,000, how much would the creditors get and how much would the IP be paid? I'm not sure how much pence in the pound the creditors would get and I don't know whether this would be enough to satisfy them ...

Hello, I wonder if someone could give me some advice please? I am looking into entering an IVA or possibly bankruptcy in the new year and I just went to Nationwide to see about opening a new account and asked them about the basic current account. However, on reading the criteria, it appears you cann...

Afternoon everyone, I am getting confused about the timings of changing bank accounts when petitioning for bankruptcy. I am probably going to petition for BK in Early February and I'm not sure what I should do with setting up bank accounts in the meantime. My current bank account is with one of my c...

Hello! I am currently undecided as to whether to go for a IVA or bankruptcy. I owe around £45,000 to 3 creditors (£36,000 to one creditor and £9,000 to the other two). I have no assets and I currently live in rented accomodation. The only reason I am hesitating with an IVA is the fact that I am worr...