bankruptcy

[gideonssword]

Hi have filled in my Bankruptcy petition forms, what do i do next, do i hand them in to court or will i have to telephone them to arrange an appointment

[Tingy]

http://www.insolvencyhelpline.co.uk/bankruptcy/bankruptcy-faqs.php

 

Have a read here. It describes the process well for you.

[babybear39]

I had to book an appointment but some courts don't require that. You will need to check which days they deal with BR. If you are on certain benefits you can get exemption for part of the fees but you need proof of those benefits.

 

Good luck,

 

BB

[gideonssword]

when presenting a bankruptcy petition to the court do i have to prove that i have sought legal advice first? like a statement from the Citizens Advice Bureau or something.

 

How little income left over after bills and living expenditure do i need to have left before the petition will be granted?

 

Once the forms are completed do i telephone the appropriate court or call in and make an appointment?

[westfield]

Courts vary but i believe you need an appointment. For example trimester does it over two days and country does it all in one sitting. If you call the court they will tell you exactly what you need.

[gideonssword]

Thanks Westfield.

[Wintry]

when presenting a bankruptcy petition to the court do i have to prove that i have sought legal advice first? like a statement from the Citizens Advice Bureau or something.

 

How little income left over after bills and living expenditure do i need to have left before the petition will be granted?

 

Once the forms are completed do i telephone the appropriate court or call in and make an appointment?

 

Hi

 

I was just wondering if you have you taken advice from anyone yet, just asking as if you have then I would have thought they would have explained the things you are asking and should have already gone through your income & expenditure etc.

 

Bankruptcy can be a big step and there may well be other alternatives depending on circumstances of course so always best to get full advice on all the options and possible implications.

 

Maybe you could put up further details including your Statement of Affairs (SOA) as there should be people on here who can help and guide you further, up to you though.

 

Best wishes

[westfield]

Gideon.

I have just reread your post.

 

Remember that after BR you will only be left with basic expenses.

 

There are lots of options other than BR including IVA, formal or informal DMP.

 

Please make sure you are fully aware of the options and pitfalls.

 

If you don't wish to post a SOA and personally i wouldn't want the whole web to see mine with some pompous twin

telling me to cancel sky maybe just a basic list of debts,

dates they were taken out, status as in have you defaulted and maybe your available income.

 

Also remember that BR is not cheap which is crazy as the whole point is because people are in debt

[gideonssword]

Please help me.

Due to working nights in mental health which has affected my health with stomach problems and weight loss

I have left my job and got part time day job in old peoples home

 

I cannot afford to pay my debts as I am only getting 8-10 hours work each week,

 

can someone help me to do the income and expenditure form for bankruptcy

 

my income is about 60 pound per week

but my wife gets 470 a week made up of 258 child tax credit, 60 pound a week child benefit, 85 pound a week disability living allowance

for our autistic son and my wife gets 55 pound a week carers allowance for him.

 

My gas, electric and phone is 142 per month,

water is 40 pound a month,

tv licence is 12.12 per month

car insurance is 36 per month

petrol is about 200 per month

food is 600 per month

 

we have 4 children we live in a council house

 

I have debts totalling £38k and one of those debts is £20k which is the only joint one that my wife and I have

 

she has no other debts in her name

 

so I think we should both go bankrupt due to this £20k joint debt for a house we had repossessed in the past,

 

can someone help me to formulate income and expenditure properly please,

 

2 of our children at high school

have a mobile phone each for safety reasons should they need to contact us

one is 10 pound a month the other is 13 pound a month

 

I don't know what happens to these contracts during bankruptcy.

[Bandit127]

There is a good online calculator here:

http://www.stoozing.com/msoc/soacalc.php

I believe that one is OK for use in bankruptcy.

 

There is also a very good bankruptcy forum on MSE with lots of people who can provide support, advice and tweak your I&E ready for BR. You do well to post your question up on there too.

http://forums.moneysavingexpert.com/forumdisplay.php?f=136

[gideonssword]

Thank you for that information.

[gideonssword]

Hello, will citizens advice bureua help me to complete bankruptcy forms,?

[dx100uk]

possible

 

but the question nees to be asked

 

upon WHY you yhink BK is your answer?

 

please list your debts.

 

dx

[dx100uk]

several threads merged

 

please keep to ONE THREAD

 

per issue

 

i've also merged your 18 threads on all to do with the lloyds mortgage shortfall etc etc.

 

dx

[gideonssword]

I owe £42k in unsecured debts to 8 different creditors,

i am a council tenant,

i earn about £200PCM,

my wife gets £258 a week child tax credit for our 4 children,

£60 a week child benefit,

£55 a week carers allowance for caring for one of our children who has autism for which he get £95 a week.

The biggest of my debts is £19,195 to Lloyds tsb and is the only debt in joint names.

[dx100uk]

benefits are for your family to SURVIVE ON

 

NOT for paying non-prioroty debts.

 

list these 8 debts please

 

dx

[gideonssword]

Lloyds tsb £19,195 for the mortgage shortfall

Natwest £3115.24 for a loan, £1300 for an account in arrears

Albermarle & Bond £515 for a payday loan

Aktiv kapital £7565.34

Aktiv kapital £4144.20

Aktiv kapital £4048.78

cabot £2131.30 for an old vanquis credit card

Npower £300

Bt £94.78

virgin media £305.19

O2 £56.20 For a phone i had 12 years ago debt now with lowell

[dx100uk]

Lloyds tsb £19,195 for the mortgage shortfall

Natwest £3115.24 for a loan, - not prioity

£1300 for an account in arrears - what type of account? is this an OD?

Albermarle & Bond £515 for a payday loan - tough very low prioity

Aktiv kapital £7565.34 - what was the original debt - have you CCA'd them - when was the last time you paid on this debt.

Aktiv kapital £4144.20 what was the original debt - have you CCA'd them - when was the last time you paid on this

Aktiv kapital £4048.78 what was the original debt - have you CCA'd them - when was the last time you paid on this

cabot £2131.30 for an old vanquis credit card - CCA them.

Npower £300 - priority debt

Bt £94.78 - sort of priority

virgin media £305.19 - not a priority debt dump them go freeview [unless its you broadband?

O2 £56.20 For a phone i had 12 years ago debt now with lowell - when last paid?

 

all the debts with the DCA's

do they SHOW on your CRA file please.

 

dx

[dx100uk]

need to read through your shortfall thread

 

dx

[gideonssword]

only lloyds and natwest show on credit file.

 

Yes all debts with dcas

[dx100uk]

those that do not show on your crea files

 

[make SURE ALL your old addresses are linked by the way on the report]

 

fire off a CCA request

 

can you please LIST what these debt WERE AND WHAT TYPE AND TO WHOM

before the DCA's got their hands on them?

 

me thinks many you dont need to pay.

 

as for you mortgage shortfall

i've got my doubts that is owed [or that sum]

 

have posted on that thread too.

 

quire honestly

 

i dont think your situation is anything like as bad as what you or you've been led

to think it is.

 

looks like +50% of your debts might be bogus.

 

dx

 

 

dx

[gideonssword]

Thanks DX much appreciated,

 

Aktiv kapital 4048.78 is for an old barclaycard debt which i have not paid anything to or acknowledged since february 1998.

 

Aktiv kapital 7565.34 they are acting on behalf of funding corporation for a pile of junk they had the cheek to call a car again it was faulty

and i not paid anthing on that or acknowleged the debt since august 2006.

 

Aktiv kapital 4144.40 is for a debt they bought off direct auto finance again a pile of junk i gave the car back in 2002/3

but i was coherced on the phone into making a 50 pound token payment in 2008.

 

The cabot debt of 2131.30 is for an old vanquis card which they cannot produce a cca for.

 

Natwest was for a loan taken out in 2010 and i owe 1300 for an old overdraft with them,

 

i apologise Lloyds tsb are not on my credit report

now the ccj was september 2006 but in September 2011 we were tricked into signing a tomlin order to pay £400 a month until we paid off almost 25000

the original hearing the judge told us to pay 17571.

[dx100uk]

Thanks DX much appreciated,

 

Aktiv kapital 4048.78 is for an old barclaycard debt which i have not paid anything to or acknowledged since february 1998. - statute barred dead - no debt

Aktiv kapital 7565.34 they are acting on behalf of funding corporation for a pile of junk they had the cheek to call a car again it was faulty

and i not paid anthing on that or acknowleged the debt since august 2006. - statute barred dead - no debt

Aktiv kapital 4144.40 is for a debt they bought off direct auto finance again a pile of junk i gave the car back in 2002/3

but i was coherced on the phone into making a 50 pound token payment in 2008. - when was the previous payment to 2008?

The cabot debt of 2131.30 is for an old vanquis card which they cannot produce a cca for. - no cca = no pay - how old is this?

Natwest was for a loan taken out in 2010 and i owe 1300 for an old overdraft with them, - so they converted an OD into a loan?

 

i apologise Lloyds tsb are not on my credit report

 

now the ccj was september 2006 but in September 2011 we were tricked into signing a tomlin order to pay £400 a month until we paid off almost 25000

the original hearing the judge told us to pay 17571.

 

as i said before , something is not right with that.

 

see my notes on that thread

 

dx

[gideonssword]

thanks DX

 

i cannot find original thread re; mortgage shortfall, which subforum is it in?

[dx100uk]

click on your username in green to the left

 

click find all threads

 

dx