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 I have a question, i was made bankrupt in Feb 09,
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pigsick
Starting Member



27 Posts

Posted - 24 January 2010 :  23:16:46  Show Profile  Reply with Quote
I have a question, i was made bankrupt in Feb 09, I got a letter in September saying that i have been discharged. Does this mean i am no longer classed as a bankrupt, also this may seem silly, but can i apply for a mortage.

Housing
Senior Member



United Kingdom
1399 Posts

Posted - 24 January 2010 :  23:30:06  Show Profile  Reply with Quote
good news...

Look on the Insolvency reguister site - if you are not ther, the you are adischarged.

You may wasnt tget a certicicate of discharge fro the court you petitioned at - may cost a small fee.

Then get cleaning your file,

See Skippys blog or other soest recently too (in the last feew days)

Good luck and enjoy good financial FREEDOM (as opposed to Freedom Finance!!...) Richard Parry(housing)

"Life is generally something that happens elsewhere" (Alan Bennett - author and one of my best heroes!!)

Edited by - Housing on 24 January 2010 23:30:42
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gettingoutofdebt
forum expert



2418 Posts

Posted - 25 January 2010 :  06:53:52  Show Profile  Reply with Quote
You can apply for a mortgage at any time even when you are BR but the likely hood of getting a mortgage when BR is extremely slim.

You can clean up your credit file by following the instructions at http://forums.moneysavingexpert.com/showthread.html?t=677875

As you are discharged it means you no longer have to tell creditors when you want to borrow more than £500 but even as a discharged BR you are likely to need a large deposit to qualify for a mortgage. Even then you may still have to pay a higher interest rate.
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