| T O P I C R E V I E W |
| SUPERBROKE |
Posted - 21 October 2008 : 15:31:17
i,m so down at the moment i dont know which way to turn i am going to dclare myself b/r but dont have the funds i am on benefits at the moment ,,god im such a mess when my business failed i just ran away and used all the credit cards i had to live on and havent been in touch with the insolvency people for the business for 7 or 8 mnths and was told if i didtn keep in touch a warrant for my arrest would be made,, i have only recently got my self a registered address a bed sit,, would you beleive it i had a detatched house a bmw and now i live in a bed sit in a strange area ,i have got a new girlfriend who i hve told evrything to and she wants me to move in but i cant put her at risk untill this is all sorted where do i get the funds for this and is there a chance i could go to jail i have loans everywhere c/cards maybe around 80k and then the business overdraft of about 14k i out the house on the market hoping to pay some of the depts off but in the end i just burried my head in the sand ,,,is ther anyway i can get the costs covered,,the daft thing is i went to see a private insolvency practioner and he said it could all be BURIED his terms,,,but by the time i went to see him a supplier had already applied for the br against me ,, as a director i was abliged to keep all my paperwork and give it to the isolvency people ,,well i didnt i handled it all the wrong way and really thought i just needed a bit of space so i used the credit cards and carried on living my life thinking i sort it out in a months time ,,so off to france for a while with a new chick wined and dined her the the wine ran out and so did she now i think i,ll never work again or is that just stress i feel like such a weak person and i dress like a tramp i used to go to meetings in designer clothes and was quite sucsessful at 1 point but maybe living beyond my meens why doesnt someone invent a retrospectorscope to show us how easy it is that we can screw our own lives up ,,,anyone fancy loaning me £400 so i can go br |
| 15 L A T E S T R E P L I E S (Newest First) |
| Jo. |
Posted - 22 October 2008 : 15:37:57
Hey thats good news Julian, at least as BR's there is light at the end of the tunnel and you wont always be penialised for taking the BR route.
3 Years is not that long.
Jo
www.Bankruptcyhelp.org.uk
0800 078 9367 |
| Confused |
Posted - 22 October 2008 : 15:11:33
Thanks Julian :-) |
| JulianDonnelly |
Posted - 22 October 2008 : 15:10:40
Hi Confused,
3 years after discharge, you should be able to go for a mainstream mortgage at a sensible rate.
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
| Confused |
Posted - 22 October 2008 : 15:09:03
So after the 6 years i could apply for a "normal" mortgage - which would not be one of the very high interest rate ones? |
| JulianDonnelly |
Posted - 22 October 2008 : 15:07:04
Hi Confused,
Absolutely not. BR only stays on your credit file for 6 years.
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
| Confused |
Posted - 22 October 2008 : 15:03:36
Thanks Skippy - i wont be doing that then :-)
My b/f is very scared at the thought of me going BR and we are exploring alternative avenues. He has been told that i would NEVER be able to get a mortgage because of BR is that correct? |
| Skippy |
Posted - 22 October 2008 : 11:55:32
It's a bankruptcy restriction undertaking. Although you would be discharged from BR after a year, you would still be subject to the restrictions of BR (no credit over £500, can't work in certain professions etc) for the duration of the BRU.
I'm not saying you would definitely get a BRU (I don't want to scare anyone!), but it is something that needs to be considered.
Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.
View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/ |
| Confused |
Posted - 22 October 2008 : 11:49:47
What is a BRU? |
| SUPERBROKE |
Posted - 22 October 2008 : 11:21:18
i was joking about the loan |
| Skippy |
Posted - 22 October 2008 : 11:12:46
I have heard of people doing this, but to be honest it's a no no - once you know you're insolvent you mustn't use any form of credit. The OR could end up giving you a BRU for borrowing money you know you couldn't repay.
Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.
View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/ |
| Confused |
Posted - 22 October 2008 : 10:40:28
Has anyone taken money from their credit cards to pay for this? |
| Needafriend |
Posted - 22 October 2008 : 07:32:33
Hi Superbroke
Yes we can give some free advice and then see what route is the best option for you.
We may not be able to speak to you straight away but leave a name and number and we will get back to you sameday if not def by the next day.
Please do call us though it may help to put your mind at rest with some issues.
Best of luck
Take Care
Jo x
Please visit my blog for info on how I got here and other information to guide you through from my experience called:
"Needafriends Links and added info on Bankruptcy!" available to view at:
http://debtfreejo.blogs.bankruptcyhelp.org.uk/ |
| SUPERBROKE |
Posted - 21 October 2008 : 22:33:30
so is this free advice i can call tmrrw |
| Needafriend |
Posted - 21 October 2008 : 22:07:38
Ah right, i see.
So they cant catch you as such as you just vanished.
Have you ever seen any old letters from your old creditors or IP.
Hey we can get you through this, can you call our helpline at all, they may be able to help.
That number is 0800 078 9367.
Try not to let it get you down, life is so precious and debts are not worth dragging yourself under for.
Please call the helpline, leave a name and number and they will call, i promise.
Take Care
Jo x
Please visit my blog for info on how I got here and other information to guide you through from my experience called:
"Needafriends Links and added info on Bankruptcy!" available to view at:
http://debtfreejo.blogs.bankruptcyhelp.org.uk/ |
| SUPERBROKE |
Posted - 21 October 2008 : 20:50:35
i dont think you undersand i havent been paying my depts for nearly 12mnths i just dissapeared |
