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 Our home is being repossessed. Trying to save for deposit and I months rent.
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stelisa
Starting Member



United Kingdom
4 Posts

Posted - 05 October 2012 :  12:05:22  Show Profile  Reply with Quote
we have just had our interview and every penny we earn that is not used to live is going to the debt fund. The problem is our home is being reposessed and we needed to try and save a deposit and 1 months rent, we are registered with council and housing associations but they have nothing available is there anything we can do

Niobe
Administrator



United Kingdom
4590 Posts

Posted - 05 October 2012 :  12:07:17  Show Profile  Reply with Quote
Hi and welcome to the forum.

Have you tried checking with private landlords?
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Viki.W
forum expert



United Kingdom
2211 Posts

Posted - 05 October 2012 :  12:28:00  Show Profile  Reply with Quote
Hi Stelisa,

Are you currently bankrupt?

Do you mean that you are paying an income payment agreement?

If so, ask for a payment break so that you can save a deposit.



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
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stelisa
Starting Member



United Kingdom
4 Posts

Posted - 05 October 2012 :  15:02:14  Show Profile  Reply with Quote
we were declared bankrupt on 29/08/12 our interview was yesterday when we did the income expenditure forms etc. We have registered with private landlords as well as local authority and housing assosiations. We do not know when we will be homeless but it cant be long now. I think it is an IPA but I cant remember what the lady said I was a little emotional by that point. I am really struggling to cope with the fact We have lost everything when our business failed
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Viki.W
forum expert



United Kingdom
2211 Posts

Posted - 05 October 2012 :  17:52:29  Show Profile  Reply with Quote
I advise you speak to the examiner again and tell her that you need to get your deposit together and can you start the IPA in a few months after you have moved.

Did she know that you were close to eviction? as usually they would wait until you had moved and do a new income and expenditure.



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
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stelisa
Starting Member



United Kingdom
4 Posts

Posted - 07 October 2012 :  12:03:54  Show Profile  Reply with Quote
Thanks for your advice I will give them a ring first thing Monday again thankyou
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Niobe
Administrator



United Kingdom
4590 Posts

Posted - 07 October 2012 :  12:22:49  Show Profile  Reply with Quote
Let us know how you get on.
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stelisa
Starting Member



United Kingdom
4 Posts

Posted - 15 October 2012 :  21:19:43  Show Profile  Reply with Quote
I am being recontacted to discuss the IPA and delaying the start to allow us time to save for moving. Thanks I will let you know how we get on
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Niobe
Administrator



United Kingdom
4590 Posts

Posted - 15 October 2012 :  22:23:38  Show Profile  Reply with Quote
Good luck!
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