Hi Just a quick explanation as to my situation. I'm currently seperated have have been bankrupt since February. Wife left the home and is living with someone else. I have been paying the mortgage (interest only) since she left 14 months ago. What would the implications be for me if I moved out to a ...

Thanks for the advise... I will give them a ring tomorrow once I have the letter with me.

Hi I recently received a letter from a debt collection agency asking for 20.99 from an old O2 debt saying they are taking me to court etc. I'm pretty annoyed by this as I shouldn't have been charged this monies at all. I phoned them and they was very rude saying as I didnt include this debt in my ba...

I would ring the court too jripley, as Jan says different courts have different procedures. Steve - is leasing a car an option for you, maybe you could ask the OR, see if you can get an allowance. At least that way you'll get a reliable car to ensure you can continue working. I looked into this but...

Hi jripley Honestly don't worry about it, its such a nice relief once your bankrupt. Little word of advise though, usually you phone the court previous day and ask if they are dealing with bankruptcy the following day and you just turn up early. The official receivers deal with all your assets, I ha...

Car is extremely essential but none of my family has that kind of money.

Ok, its been just over a month of being bankrupt I thought i'd give some updates and ask for more advice. I was called in for a meeting with the OR a couple of weeks ago. He went through all my cards, loans etc. I basically now can get a family member to buy back the beneficial interest to my home t...

H72 if it doesn't rain it poors... Hope you get sorted soon with new employment etc.

Which I did, my car is my only asset how sad is that...

Ok, this is good... The only thing we worried about is the fact that they are old... at least 6 years and he don't have the proof anymore that he brought them.

Hi

I don't actually own anything in my house that can be taken, but I do have my mates decks in my cellar for parties etc. These are not mine but in my house... Should I get him to take them back to he's house or do you think it'll be ok to leave?

Swans_girl wrote:

I understand your relief Steve - the thought of going BR is far wrose than the court date isn't it?

Good luck with your car, keep us updated xx

Exactly, I have been thinking about this since day 1.. worrying etc.. Now its done and dusted, life style change, new single life & new me...

Hi I'm now officially bankrupt.... It feels like a massive weight of my shoulders! Took the judge 2 mins with my case once she read my reasons for bankruptcy. Co-Op allowed me to open a bank account without a problem so im really happy with that. Just got to wait for the official receiver to come ba...

I'm not sure about having a life with an IVA, your not allowed money for holidays, opticians etc etc... Where as bankruptcy you can allocate money each month for these. It was the best option for me as I live on my own.

I'm in kind of same situation as you... Wife left me and said she is not paying towards anything. I'm going bankrupt myself due to this as I can't afford to keep paying back all creditors. If I were you i'd go bankrupt too, wipe slate clean and start again.