| T O P I C R E V I E W |
| Canuck |
Posted - 17 November 2008 : 22:50:16
May sound like a silly question but I really don't know. What is classed as a valuble asset I.E. Kids Wii, Toys ect
Living table,book shelf, Sofas ect
Also I am confused still about bank accounts IE when to open as we need access to our wages for living expenses.
My car is needed from work and the credit is with Nissan finance and is worth less that what is owed.
Do they come around to check your assets
What should I put down for what the debts were spent on
Plaese advise on the above or anything else you can think of as we are going to fill out the forms this week
can I buy the B.I. if we are both going bankrupt and the house is in Negetive equity buy 12k
Thanks guys
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| 6 L A T E S T R E P L I E S (Newest First) |
| Reviva UK |
Posted - 18 November 2008 : 21:50:41
Hi Sorry only just got home - another long day.
Always happy to have a chat - if you leave your details on my webpage - Contact us - then I will get the message & call back.
Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
For a Free Impartial Review before taking the leap call me @ Reviva UK
www.revivauk.com |
| John |
Posted - 18 November 2008 : 21:39:38
Hi
to contact Paul click on the link to his website which appears at the foot of each of his posts.
You will find the number there.
www.Bankruptcyhelp.org.uk
0800 078 9367 |
| Canuck |
Posted - 18 November 2008 : 20:06:30
Can you choose the day you go bankrupt to avoid wages being frozen,
We don't really have any assets, so will they question that.
On the car, I will need one for work should I buy a decent run around before I go BR say from my CC and then give mine back or wait for the OR to take it then buy one with cash from the CC
I live in Cambridgeshire, what are the rules on freezing accounts
Can you make DD from a prepaid card and get wages paid on to the prepaid as well.
Paul is there a number you can be reached on to have a chat. |
| digman |
Posted - 18 November 2008 : 10:24:35
Hi,
just a quick note me amd wife went bankrupt on oct 3rd and regarding bank accounts we have so far been able to keep them.
mines a basic yorkshire bank one and wifes a abbey basic account. both were opened prior to going br. As advised by cab they dont take bankrupts but as account was open prior to this was not a problem.
Informed both banks after we went br and was told as they were only basic accounts no cheque books or overdrafts we could keep th
Regarding your car on finance.My wife has a scooter on finance which she needed for wrk.She read that if declared bankrupt then payments wud stop and bike wud be taken back. My wife rung the finance company direct and asked them about the situation and they said because i only had 8 months remaining they had to interest as long as i keep up the payments. since had a letter from or saying my scooter is excempt from br.
Hope this help
Andy |
| Frank |
Posted - 18 November 2008 : 09:23:27
It used to be that with a car on actual HP once you have made half the payments you can return the car with no further payments required and no further debt incrued.
It didn't make you popular but there was no come back. Not sure if it is still the same; anyone else know?
Here we go again... |
| Canuck |
Posted - 17 November 2008 : 23:27:20
also can you get a pre pay card that you can have your wages paid on to and be able to do direct debits to pay your expenses and will it get frozen if when you go BR |
