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Hallway123
Junior Member
United Kingdom
181 Posts |
 Posted - 29 March 2009 : 15:57:03
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| After worring about it for weeks Iv finally made the decision I'm going to have to go bankrupt.I'm 2 years into an Iva and my husbands lost his job, I will be missing my second payment tomorrow. I have told my Iva company several weeks ago about change in circumstances and they told me to phone back in a few weeks which I'm going to do tommorrow,part of me feels really scared but part of me feels relieved that I'v made a decision.I haven't got a clue what I have to do, all I know is that it said in my last annual statement that Iva company has kept enough money in their account to file for my bankruptcy if my Iva fails.What do I do about a bank account and when I try and open one do I tell them that I'm going bankrupt and what if no one will let me open one, sorry to go on but I am panicing a bit. |
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John
New Member
United Kingdom
73 Posts |
Posted - 29 March 2009 : 16:28:37
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Hi
open an account two to three weeks prior to the bankruptcy hearing. Advise them that you intend to declare bankruptcy.Co-op Cashminder seems to be the most bankrupt friendly. Nationwide and Barclays also might accomodate. Co-op is almost guaranteed to allow you an account.
John White
England Jackman & Spacey |
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Hallway123
Junior Member
United Kingdom
181 Posts |
Posted - 29 March 2009 : 16:37:02
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| Thanks John,I remember feeling this scared when I was going for Iva.Its just not knowing what to expect that frightens me most, in hind sight I'm sorry I didn't go for bankruptcy in the first place, think it was the feeling of shame that stopped me, but I'v actually mentioned that I was thinking of it to a few people and no one seems shocked. |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 29 March 2009 : 16:40:36
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I'm sorry it's come to this for you Hallway, but good luck with your BR.
Your best bet for a bank account is the Co-op as John suggests, followed by Barclays. Nationwide are unfortunately no longer BR friendly.
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/
21 IPA payments made, 15 to go - on the home straight! |
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ripski
New Member
United Kingdom
90 Posts |
Posted - 29 March 2009 : 20:42:23
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With you all the way. I made the decision a few weeks ago to go Br as the only option. Also full of shame,despair and sleepless nights But definatley better once I had made the decision to face the music. Filled the forms etc and now ready to start the process but now full of debts and worries.
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jojopotato
Starting Member
13 Posts |
Posted - 30 March 2009 : 08:23:03
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Hi Hallway, I'm in a very similar situation and I'm going to court on Thursday. I was in an IVA for 3 years and hubby lost his job. To be honest I am now feeling relieved that all of this may now soon be over by the end of the year! Nearly 5 years of worry! Good luck!
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Finally made the decision
