ooooooooh this as made my day! I wonder what they would say next time they ring or write to me demanding the arrears on my account with them,if i turned round and said to them"oh im having a bit of financial difficulty at the moment im just waiting to hear form the bank of england regarding a loan t...

Hi tom

Some creditors are more quicker than others when it comes to taking legal action.

How many payments have you missed?

jue.x

Hi laura

If you could post a bit more info im sure someone will be able to help.

How much disposable income have you got each month?

How much debt and how many creditors?

Do you own your own property?


jue.x

Hi

when you said you had heard Gmac are a bit funny what did you mean by that? Im just curious thats all coz i know someone who is remortgaging with them.
thanks

jue.x

Thank you storm.Can i just say you have been brilliant answering all my questions.i dont know what i would of done without you!

Thanks again

jue.x

yes he earns more than that so i cant see it being a problem.The only trouble now is will he be able to get it through in time before this creditor takes action!

jue.x

The property is worth about 95k.outstanding mortgage is 58k. yes my partner does earn enough to afford this.

Just a quick update. My partner as now suggested that he would enquire about remortgaging but in his name only,then he would give me my share of the equity to hand over in bankruptcy.Do you think the OR would be ok about this? Its just that my partner does not like the idea of this creditor having a...

Hi Andy

Could you post a few more details? How much the debts are? Who are your creditors? how much disposable income you have got?
and by the way they do allow for haircuts in an IVA!

jue.x

Thankfully yes i am!


jue.x

Ive read that you can get one if you have obtained credit knowing at the time you would have no way of paying it back.Is that correct?


jue,x

Hi

Can i just ask,does your name go in the local paper again if you get a BRU/BRO?

jue.x

Sorry simon my earlier post should have said "hope everything goes WELL" and not WEKK. I get a bit carried away sometimes on this computer!

jue.x

Good luck simon i hope everything turns out wekk for you.I know the feeling of stress im going through it myself! At the end of the day you are doing your best to get out of your financial difficulties,so hold your head up high and think positive!

jue.x

Thats great thanks.

Sorry,just one last question,would i have to attend the court at all? And how do i make an application to court?

Sorry thats two questions!

jue.x