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Steve.20
Starting Member
5 Posts |
 Posted - 16 May 2011 : 16:09:33
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| i was made bankrupt in 2007 by the irs and discharged in January 2011,after my discharge i received a letter from my previous loan company, 5 year loan 2003 to 2008 60 monthly payments(payed) at the end of the loan they requested 18.000 pounds in late payment charges and admin charges,should the charges have been included in the bankruptcy. |
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Viki.W
forum expert
United Kingdom
2211 Posts |
Posted - 16 May 2011 : 16:33:11
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Hi Steve,
Are you in the USA?
I don't know the laws there but I presume all unsecured debts should be included in the bankruptcy. Maybe you should try an american forum or speak to your bankruptcy case officer.
Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/ |
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RHB
Senior Member
1159 Posts |
Posted - 16 May 2011 : 16:36:25
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| yes. the loan should have been written off if it was unsecured. Write to them with a copy of your bankruptcy details. |
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Steve.20
Starting Member
5 Posts |
Posted - 16 May 2011 : 16:51:52
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Sorry for the mix up, the secured loan was payed back, then the charges then added on at the end of the loan,i had no contact with the company from sep 2008 to jan 2011 when i received a letter after my discharge requesting payments for the extra charges.quote:
Originally posted by RHB
yes. the loan should have been written off if it was unsecured. Write to them with a copy of your bankruptcy details.
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Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 16 May 2011 : 16:54:55
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I think you were using a couple of 'Americanisations' Steve which is where Viki may have got confused!
If this loan was paid back I don't see how they can add extra charges on now. Have they said why this has happened?
The world is broken, halos fail to glisten
We try to make a difference but no one wants to listen
Hail the preachers, fake and proud
Their doctrines will be cloud
Then they'll dissipate like snowflakes in an ocean
Jan
xxx |
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Steve.20
Starting Member
5 Posts |
Posted - 16 May 2011 : 16:55:17
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No i am a UK resident,the 18000 pound charges were added at the end of the loan.quote:
Originally posted by Viki.W
Hi Steve,
Are you in the USA?
I don't know the laws there but I presume all unsecured debts should be included in the bankruptcy. Maybe you should try an american forum or speak to your bankruptcy case officer.
Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/
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Steve.20
Starting Member
5 Posts |
Posted - 16 May 2011 : 16:57:27
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Late payment charges and admin charges plus the interest over 5 years.quote:
Originally posted by kallis3
I think you were using a couple of 'Americanisations' Steve which is where Viki may have got confused!
If this loan was paid back I don't see how they can add extra charges on now. Have they said why this has happened?
The world is broken, halos fail to glisten
We try to make a difference but no one wants to listen
Hail the preachers, fake and proud
Their doctrines will be cloud
Then they'll dissipate like snowflakes in an ocean
Jan
xxx
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debtinfo
forum expert
2826 Posts |
Posted - 16 May 2011 : 18:27:35
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| Do you still have the property it was secured on, Was your discharge suspended for the bankruptcy to be 4 years |
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Steve.20
Starting Member
5 Posts |
Posted - 16 May 2011 : 19:57:05
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the time period was due to trying to get the bankruptcy overturned, my wife bought me out of the property.quote:
Originally posted by debtinfo
Do you still have the property it was secured on, Was your discharge suspended for the bankruptcy to be 4 years
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Should this charge have been included in my bankruptcy ?
