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simong
Starting Member



11 Posts

Posted - 26 January 2009 :  14:53:48  Show Profile  Visit simong's Homepage  Reply with Quote
hi people been bankrupt since the 6th of aug 08 and been paying my tax money to moon and beever since then(nil tax code)
about a month ago had a letter to say my file has been transferred to the rtl unit and they would be in touch but no contact yet,im starting to worry myself about it!
my house is in neg equaty and some i have someone in place to buy my interest in my house
si

JulianDonnelly
Junior Member



United Kingdom
325 Posts

Posted - 26 January 2009 :  14:57:28  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi Si,

I wouldn't worry. The RTLU looks after cases where property in involved, so this would be routine in your case. It is worth remembering that under the Enterprise Act, the OR/trustee has 3 years from the date of BR to deal with assets such as residential property. Sit tight ... .they'll be in touch soon enough!

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367
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simong
Starting Member



11 Posts

Posted - 26 January 2009 :  15:03:54  Show Profile  Visit simong's Homepage  Reply with Quote
so i could be sitting waiting for another 2 years for them to come calling

i find it hard not to worry


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JulianDonnelly
Junior Member



United Kingdom
325 Posts

Posted - 26 January 2009 :  15:08:58  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi Simong,

As your house is in negative equity, I would imagine you'll hear from them quite soon about a 3rd party buying your BI for £1 + costs (circa £211). At this stage, no news is good news! Relax and you'll be fine!

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367
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movin on
Average Member

United Kingdom
946 Posts

Posted - 26 January 2009 :  19:19:29  Show Profile  Reply with Quote

Julian

My hubby has been offered the BI and we have sent off all details can it still take 3 years? (i hope not seen as they asked us). We are also in neg equity.
Jenny


Onwards and Upwards is the way im going :-0)

From "Moneyworries" to "Movin On" in 3 months is fantastic :-))

xx
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simong
Starting Member



11 Posts

Posted - 26 January 2009 :  19:47:02  Show Profile  Visit simong's Homepage  Reply with Quote
thanx people for all your help and advice!
going bankrupt was hard and yes i have to look forward and try to relax and stop worrying

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simong
Starting Member



11 Posts

Posted - 26 January 2009 :  19:50:56  Show Profile  Visit simong's Homepage  Reply with Quote
julian and movin on can you tell me the best bank account to go for
si

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movin on
Average Member

United Kingdom
946 Posts

Posted - 26 January 2009 :  21:22:21  Show Profile  Reply with Quote

Simon

I have got to say the Coop Cashminder is a great bank account to have in br - it comes with a visa electron card (which i have never had trouble using anywhere), online banking and also allows standing orders and direct debts.

Onwards and Upwards is the way im going :-0)

From "Moneyworries" to "Movin On" in 3 months is fantastic :-))

xx
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John
New Member



United Kingdom
73 Posts

Posted - 26 January 2009 :  22:06:12  Show Profile  Reply with Quote
Hi movinon

if your husband has already been offered the BI then a decision has already been reached.
You certainly won't be waiting the full term.

www.Bankruptcyhelp.org.uk
0800 078 9367
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movin on
Average Member

United Kingdom
946 Posts

Posted - 26 January 2009 :  22:08:47  Show Profile  Reply with Quote

Oh thats good to hear John - I did panic there for a minute.

Thank you

Onwards and Upwards is the way im going :-0)

From "Moneyworries" to "Movin On" in 3 months is fantastic :-))

xx
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