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Helenara24
Starting Member
1 Posts |
 Posted - 12 June 2009 : 14:08:02
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A FEW QUESTIONS
ive been bankrupt since beginning march 2009, it has felt abit like a fresh start although with the recession and the prices gone up, its sitll getting by month by month but im just so releived i dont have creditiors hunting me down by phone call after call,
just recently i bought a cheap run around car with my brothers help its cost 500, do i need to tell the OR this as the car is now registered in my name. i realy need a car as my daughter has got hydrocephalus hence alot of trips to her neurosurgeons and constant check ups, its highly imperitave.
another thing i got a letter from my old bank recently about last week saying i owe them some of my overdraft money and could i start making regular payments, by now they should definitly be aware of my BR?? or should i let the OR know or call teh bank and remind them of my BR ORDER NO. please help, the last thing i need is another unnecessary issue ive been through enough :( other than that i have been getting alot of arreas notices - dafault notices served under section 87(1) of consumer credit act, which is of course expected.
its been about 4 months and last spoke to my OR in my interview around 20th march. i havent heard from her, last thing she said is to wait to hear from her but shes thinking i might qualify for an early discharge? what hapens now? will i need to fill out any more forms or send any more docs.
sorry for all teh questions but im praying this will all be over soon and thanking you so so much in advance for all the help and advice that ive got from this website, without it i would be even worse lost :) thanks again |
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jwmc77
Junior Member
United Kingdom
195 Posts |
Posted - 12 June 2009 : 17:14:35
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unfortunatly youll just have to sit back and wait to hear from the or, ignore all letters from creditors...you can ring the bank and tell them you br number, but i doubt thatll stop them sending letters, the car will be fine...tell the or just to be on the safe side, im in exactly the same position as you, we went br on march 16th, had the or call 2 weeks later and have not heard or recieved anything from him since....he did say it would take up to 8 weeks for him to inform creditors of our situation, the way i see it.......NO NEWS IS GOOD NEWS!
MAC |
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Helen2424
Starting Member
20 Posts |
Posted - 15 June 2009 : 10:04:04
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thanks so much MAC, for your quick response, yea just one day at a time and definitly no news is good news. i will let or know bout the car coz last thing i want is for them to take it away. thanks again
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jelojo
New Member
United Kingdom
71 Posts |
Posted - 16 June 2009 : 18:38:29
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Hiya
I think you're allowed a car up to the value of £2000, and you seem to have a very good reason for needing it. Also i was thinking this would count toward syour expenditure as you will need to pay tax, insurance, MOT and maintainence so if i were you i would tell the OR!!
Jen
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Helen2424
Starting Member
20 Posts |
Posted - 02 July 2009 : 15:43:12
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heard some news yesterday received a letter from the OR with an I AND E form to send back to them to see if i qualify for early discharge. its basically the same as my statement affairs form when i filled it in only difference is the car expenses to add on, do i need to just write this down and any other new things i havent added on my list originally, or do i need to actually call the OR first and let her know about the car and extra expenses. please help not sure what to do.
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Jetstar125
Starting Member
United Kingdom
5 Posts |
Posted - 02 July 2009 : 19:09:49
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I went bankrupt in 2001 and I wrote to all my creditors with a copy of my BR order. Firstly it stopped the letters and phonecalls although the real purpose was to stop their continual junkmail offering me more credit cards! Needless to say I didn't apply.
The OR is not an agre and if you need to buy a car then providing it is not a high value car (over £2000) then you are fine.
You should, for the sake of good order advise the OR of any change of circumstances, no matter how trivial, mainly because your objective should be an early discharge.
I'm in Belfast and or OR office is choked with BR's. I've even heard of individuals being interviewd over the phone as opposed to an interview at the OR office.
Bankruptcy in many ways is clear cut, you will lose all your assets and you must declare any existing income. However you are wiped out of debt (save for student laons, court fines and child maintenance: even the tax man can not get you for unpaid tax).
Bankruptcy, like most things in life is a temporary state of affairs.
Some of the most successful business people have been bankrupted, somes twice.
Good luck with all that you pursue.
www.helpwithdebtni.com
Gary Neill |
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Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 03 July 2009 : 12:22:36
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I think you will find that the majority of interviews throught the UK are conducted over the phone rather than face to face.
The glimmer gets brighter all the time
Jan
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been bankrupt since beginning march 2009
