| T O P I C R E V I E W |
| Caroline |
Posted - 10 March 2009 : 09:14:54
Hi, I have my appointment to petition for BR on the 30th March. I'm really worried I'll be turned down. I owe 36,000 and my latest difficulties only started last June, altho have struggled with debt since 1996. I do not own a home.
I'm really concerned the Judge will look at my petition and refuse it or make me do an IVA which I really don't want to. What exactly is the Judge looking at on your forms?? I'd just hate to get that far and then not be allowed to continue with the decision I've made.
Thanks for any input! |
| 7 L A T E S T R E P L I E S (Newest First) |
| Skippy |
Posted - 25 March 2009 : 19:25:49
You're right Tim, it's the bank and not the OR who freeze a bank account. Once the OR has said they have no interest in the account they will contact the bank and ask them to unfreeze it.
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/
21 IPA payments made, 15 to go - on the home straight! |
| Mr.E.Guest |
Posted - 25 March 2009 : 19:04:09
Hi,
I've listed mine even though its only got £300 in it as this is an asset and it does stress all accounts must be listed.
Its my understanding that the COOP are very BR friendly and if you let them know about BR they are usually OK - plus the fact isn't it the Bank who freeze your account not the OR?
Tim
What doesn't kill you makes you stronger (I hope ;-) |
| paulsc |
Posted - 25 March 2009 : 18:44:57
I email local insolvecy office to verify the situation with co op account as i am in same delema will let you know reply if i get one
|
| Caroline |
Posted - 10 March 2009 : 10:27:40
Thank you for your advice. I had read on this forum that its best to open a basic account before becoming BR - I was just checking! I guess as its getting closer I'm beginning to panic I've done everything I'm supposed to! |
| Melanie.n |
Posted - 10 March 2009 : 09:55:38
I always advice cleints to open a new account and transfer salary etc into the new account prior to filing. When filling out the forms, when you come to the bank info page you only list here banks where you woe money (or are linked to a loan or credit card debt) do not list the new account, that way you do not risk the account being frozen following the order being made. When you have the appointment with the OR you can let them know that you have made alternative arrangements for salary etc.
Melanie Nicholas
28 years insolvency experience - 23 of which in the Insolvency Service
- Insolvency Manager
Jones Giles
|
| Caroline |
Posted - 10 March 2009 : 09:52:03
Thanks for that - I do feel better now!
On another subject, I've already opened a co-op cashminder account in preparation for BR and for my wages to be paid into - I've only just opened it - I'm not declaring it - that's ok isn't it? |
| Melanie.n |
Posted - 10 March 2009 : 09:41:05
Hi there Caroline and welcome to the forum - so long as you owe £750 and you complete the forms correctly there is no reason for the judge not to make the order. Try not to worry, i appreciate that is hard, but once that order is made you will feel like a mssive load has lifetd from your shoulders.
Good luck for 30th remember to have 3 copies of the form with you and don't sign and date the forms until you are in the court with the clerk paying the fee, it needs to be done in their presence. Let us know how it all goes - and if you need any help i n the meantime you know where we are
Melanie Nicholas
28 years insolvency experience - 23 of which in the Insolvency Service
- Insolvency Manager
Jones Giles
|
