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wildberry
Junior Member
191 Posts |
 Posted - 12 August 2008 : 08:26:30
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| hello, we have our interviews this afternoon ,mine is first then hubby.I am a bit worried as having to explain about the debts as they just mounted from living costs and consolidating one thing to another,could we get a bru or bro for this ? Whatever happens it has to be better than the way we have lived before going br. |
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meash
Junior Member
175 Posts |
Posted - 12 August 2008 : 08:28:02
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| Hi Wildberry, Good luck with today. Can I ask what you mean by bru or bro? I am very new to all this jargon? |
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Suzanne
Average Member
United Kingdom
869 Posts |
Posted - 12 August 2008 : 08:36:07
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Hi
You are not going to get a BRO/BRU for just consolidating your debts, only if you obtained the credit with no reasonable prospect of repayment. You shouldn't worry about explaining it as it is how most people get into this debt situation, it kind of spirals out of control.
Meash
A BRO/BRU is a Bankruptcy Restriction Order or Bankruptcy Restriction Undertaking. The OR uses this to increase the time a bankrupt is bound by the restrictions of the bankruptcy and was designed to protect the public/creditor for an extended period because of the bankrupts misconduct in some way.
Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
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sueann
Junior Member
United Kingdom
300 Posts |
Posted - 12 August 2008 : 11:19:33
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| Mine is today too, good luck and let us know how you got on. |
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Helen030166
Junior Member
United Kingdom
212 Posts |
Posted - 12 August 2008 : 12:25:57
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Good luck both of you! You will be fine just be honest abut everything and the OR will totally understand you just did what all of us have done on here and "Surived" My OR was fine about everything including my partner's gamling habit, because he aditted to it and said he'd learned his lesson and wasnt going to do it anymore! He didn't get a BRO/BRU for that so normal consolidation debts etc are perfectly acceptable! They are human and they arn't out to hang you just to ascertain the reasons for the debt.
Helen xx
Thanks for your Help,Helen x |
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wildberry
Junior Member
191 Posts |
Posted - 12 August 2008 : 15:53:55
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hi, we have just finished with our or interview and all went well not at all as bad as we thought it would be.We dont have to pay an ipo and the questions about the debts with cards and loans we answered honestly and the or was very nice and understood how we got into the situation.The only thing we cant have is our mobile phone contract but am not worried about that.So we are pleased that it went well and would advise anyone that its not that bad.
hope yours has gone well too
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or interview today
