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Karen.84
Starting Member
1 Posts |
 Posted - 27 August 2010 : 22:17:46
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Hi,
i am a full time student and i can no longer afford to work enough hours to pay all necessary debts. mu uni advisor states i do not include my nhs bursary in my income just the wages i get from working shifts here and there about 600 a month is this correct? |
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Reviva UK
Advanced Member
United Kingdom
2452 Posts |
Posted - 27 August 2010 : 23:06:33
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Hi
probably need some more information regarding your position , income, expenditure, debts etc.
Also you probably need to check to see if your uni advisor is qualified to give insolvency advice
Paul Johns
Bankruptcy Specialists
Reviva UK
www.revivauk.com
Real People ..... Real Debt Solutions |
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kazj84
Starting Member
11 Posts |
Posted - 29 August 2010 : 11:41:34
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| hi there i owe about 27k to 6different companies. I had been doing lots of overtime to cover just the minimum payments however my studies are suffering as i am always at work. i earn about 600 after tax a month and my nhs bursary is 520 due to traveling to uni and placements i now spend a fortune on fuel traveling 70 miles per day just for uni alone not to mention the cost of books etc. |
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Worried Woman
New Member
United Kingdom
60 Posts |
Posted - 29 August 2010 : 14:37:46
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You will be able to list all of your income and outgoings in the statement of affairs. It sounds like you don't or won't have much disposable income left at the end of each month.
As long as you are hones and list everything you should not have any problems. The OR understands that you need to be able to afford to live and includes travelling costs etc.
If you want more advice either post some more questions or speak to one of the advisors listed on the left.
Good Luck with it all, it will be a relief when you have it all sorted.
Went Br 20th July 2010..countdown for 1 year. |
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kazj84
Starting Member
11 Posts |
Posted - 30 August 2010 : 13:33:04
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hi worried woman,
how did you go about getting a bank account? i heard on the radio that a woman could not get any bank account at all so had to have her wages paid into her mothers account? |
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gettingoutofdebt
forum expert
2418 Posts |
Posted - 30 August 2010 : 14:06:12
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Most people have a Co-op Cashminder account. These are very BR friendly accounts and can be opened over the phone. If you decide to apply for one just mention you are planning to declare BR and there won't be any problems.
You don't need to live near a Co-op bank as most things can be done at a Post Office. |
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debtinfo
forum expert
2826 Posts |
Posted - 30 August 2010 : 16:09:43
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Just wanted to have a rant for a minute, Kazj84's response is exactly why people need to complain to the BBC for the idiots they have researching their bankruptcy reports, You did hear that on the radio Kaz and had it not been for sites like this you would be still under the misinformed opinion that no banks will give you an account or that you would have to pay someone else to manage your money for you (in another piece on BBC1)simply because the mainstream media cant be bothered to find out the facts and just jump on the bandwagon
sorry, rant over |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 30 August 2010 : 18:00:42
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As the others have said the Co-op are very BR friendly and the Cashminder is a very good account.
The other BR friendly bank is Barclays, although they won't allow an undischarged BR to have internet banking.
It's also worth checking with your current bank (providing they aren't one of your creditors) as they may allow you to keep the account open. Although they aren't known as one of the BR friendly banks, Lloyds TSB allowed me to keep my account open.
The last option is a 'managed' account, e.g. Think Banking, as they guarantee to open an account. However, I would only recommend these accounts if you really cannot get an account anywhere else - they are expensive and they don't teach you how to budget as someone else is doing it for you.
View my blog at http://skippy13.blogs.iva.co.uk/
Only when the last tree has died, the last river has been poisoned and the last fish has been caught will we realise that we cannot eat money.
Last IPA payment made on 28th June 2010 - it's over at last! |
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Hi, i am a full time student
