| T O P I C R E V I E W |
| BankruptC |
Posted - 07 September 2008 : 18:58:37
Hi again all.
Another question-sorry! Hubby's dad gave us £5500 in March this year when we told him we were short for the year (I was on maternity leave) which we used for general living expenses. Is this ok or should we have used it to repay creditors?? We had no idea then we'd be heading for BR!
Thank you again.
CG. x |
| 15 L A T E S T R E P L I E S (Newest First) |
| Reviva UK |
Posted - 08 September 2008 : 21:44:42
I sometimes put TBC ( to be confirmed ) .
It is usually the Br clerk that is more picky than the OR.
Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
www.revivauk.com |
| JulianDonnelly |
Posted - 08 September 2008 : 18:04:07
Hi CG,
A reasonably safe bet is that if it's a flat, it's leasehold wherease a house is more than likely freehold. As John says, put "unknown" if you're not sure.
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
| BankruptC |
Posted - 07 September 2008 : 22:56:59
There are only two options. We'll just guess leasehold, shall we??
CG. x |
| John |
Posted - 07 September 2008 : 22:53:48
Hi
it's a simple thing for the OR to check anyway so just enter unknown.
www.Bankruptcyhelp.org.uk
0800 078 9367 |
| BankruptC |
Posted - 07 September 2008 : 22:52:15
Question 8.2 Properties you rent or lease. It's tlaking about having to tell our landlord about our BR so I presume that's what it means?
CG. x |
| John |
Posted - 07 September 2008 : 22:50:05
Hi CG
I don't recall a question that relates to a rental property asking if F/H or L/H?
That should only be asked in relation to properties you own.
www.Bankruptcyhelp.org.uk
0800 078 9367 |
| BankruptC |
Posted - 07 September 2008 : 22:46:33
Thanks again John...
Now I don't know if the house we're renting is freehold or leasehold. How can we find that out??
Grrr...getting fed up now...(mustkeep smiling, must keep smiling...):-)
CG. x |
| John |
Posted - 07 September 2008 : 22:43:02
Hi CG
I think it should be on your most recent P60's but I have been self employed since 2002 so can't remember for sure.
If not your respective HR departments will have the details.
www.Bankruptcyhelp.org.uk
0800 078 9367 |
| BankruptC |
Posted - 07 September 2008 : 22:32:42
Thank you again John.
PS. Where do we find the address of our tax office???!
Aargh! (tee hee)
CG. x |
| John |
Posted - 07 September 2008 : 22:30:49
Hi CG
that's not a problem as it was not preferential due to your paying your other creditors at that time.
www.Bankruptcyhelp.org.uk
0800 078 9367 |
| BankruptC |
Posted - 07 September 2008 : 20:17:02
Thank you John. If the OR notices the repayments to him will that cause a problem as we haven't mentioned it or if we explain will it be ok?
CG. x |
| John |
Posted - 07 September 2008 : 20:09:01
Hi CG
no there's no need to list F-I-L as you say, you don't owe him anything now.
www.Bankruptcyhelp.org.uk
0800 078 9367 |
| BankruptC |
Posted - 07 September 2008 : 20:00:25
Thanks John! Another question I'm afraid!!
My Father-in-law lent us some money last Jan. We made repayments all last year and into this year. This Jan, he gave us the money mentioned above to help us out with my maternity leave. At that point he reduced our payments slightly cos he felt sorry for us basically! THEN in July we looked at our finances and decided we'd have to go BR. We spoke to him and explained. There were 3 months left to pay and he said we didn't need to make any more payments, so we haven't. We stopped paying him at the same time as the other creditors.
My question is, as nothing is owing to him now, do we still have to list him as a creditor?? I'm hoping not, cos we don't owe him anything.
Any ideas please?
Thanks in advance!
CG. x |
| John |
Posted - 07 September 2008 : 19:52:57
Hi CG
scared is absolutely correct.
www.Bankruptcyhelp.org.uk
0800 078 9367 |
| BankruptC |
Posted - 07 September 2008 : 19:48:55
Thanks scared. It was a gift and we didn't use it to pay anyone off. I suppose you're right-I'm worrying we SHOULD have paid someone off, when actually we may have been in more trouble if we had!!
Hopefully another expert will come along soon to clarify.
Thanks so much!
CG. xx |
