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 Refund from phone company
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BankruptC
Senior Member



1030 Posts

Posted - 14 November 2008 :  20:14:03  Show Profile  Reply with Quote
Hi all,

Sorry I've not been around as much recently-just letting life get back to normal I guess. I am reading though and will continue to help where I can.

I have a question though, if someone could help, please? Our phone company will soon be refunding our credit from the account we have now closed and I was wondering if we have to declare it. It's not a fortune, but with Christmas looming and all, it really would come in handy if we didn't!

Any ideas anyone?

Thanks!

C. x

Skippy
forum expert



United Kingdom
3290 Posts

Posted - 14 November 2008 :  20:24:00  Show Profile  Reply with Quote
As far as I know the refund will have to be declared. Hopefully I'm wrong, but as far as I know anything like that 'belongs' to the OR.

Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.

View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
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BankruptC
Senior Member



1030 Posts

Posted - 15 November 2008 :  10:28:27  Show Profile  Reply with Quote
Thanks Skippy.

That's what I feared the answer may be, but hoped someone may say if it's only a small amount it's not worth declaring.

Hmmm...anyone have any good news for me on this one? =]

Thanks!

C. x
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Needafriend
Junior Member

United Kingdom
344 Posts

Posted - 15 November 2008 :  11:17:11  Show Profile  Reply with Quote
Hi C

Im would have thought if it was little then it may have been ok, maybe John or Paul may know what the state of play maybe.

I do hope that you get an answer that your looking for.



Jo
x


For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Jo's Links and added info on Bankruptcy!
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
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Skippy
forum expert



United Kingdom
3290 Posts

Posted - 15 November 2008 :  13:52:23  Show Profile  Reply with Quote
Like Jo says you might be ok if it's a small amount as the admin to collect the payment will probably cost more than the actual refund!

Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.

View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
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John
New Member



United Kingdom
73 Posts

Posted - 15 November 2008 :  14:35:23  Show Profile  Reply with Quote
Hi C

be a devil and tell us how much we are talking about here.



www.Bankruptcyhelp.org.uk
0800 078 9367
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pix1
Average Member

689 Posts

Posted - 15 November 2008 :  17:25:00  Show Profile  Reply with Quote
Are you and your partner both BR? If only you perhaps your partnet could keep the refund. Really it may depend what the amount is. Also, if you do declare it the OR will put you very much in their goods books and hopefully will progress your bankruptcy more advantageously.
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BankruptC
Senior Member



1030 Posts

Posted - 15 November 2008 :  20:58:45  Show Profile  Reply with Quote
Hmmm maybe Pix has a point about getting into our examiners good books-we probably need it! Haha!

I'm not sure of the amount yet but maybe about £150. Too much too keep??

C. x
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Needafriend
Junior Member

United Kingdom
344 Posts

Posted - 15 November 2008 :  21:05:11  Show Profile  Reply with Quote
Can you not come to a deal with the OR say offer them half.

Only a thought :-)

Jo
x


For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Jo's Links and added info on Bankruptcy!
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
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