Hi all, Not been on here for a while but long story short,I was finally declared bankrupt in May 2010 & was discharged early at the beginning of Dec' 2010. As part of my bankruptcy I was put on a "nil tax" code & the money I was paying in tax has been getting paid to the OR's agent via direct debit,the last payment is due in March 2011. Questions, 1) Now that I have been discharged would there be any comeback on me if I were to get a pay rise &/or a large bonus payment in the near future?. 2) If I was to be paid a large bonus in a lump sum before my tax code was reinstated would I be liable to repay the tax amount when my tax code does get reinstated?. 3) If I was to get a pay rise before my tax code was reinstated would I be liable to repay the tax amount when my tax code does get reinstated?. 4) The tax amount I am paying to the OR's agent is a fixed amount & is what I would usually pay in tax on my basic salary,if I were to get any bonus payments made to me during my nil tax code period but continue to only pay the fixed amount would I be liable to repay the amount I would have been taxed on the bonus payments when my tax code does get reinstated?. Regards KEF

Thanks Debtinfo,I tried the national debt helpline but the number won't work from here,I have emailed them on the 8th but have yet to receive a reply,I'll give them a call when I get back to the UK.

Well,I will be coming back to the UK this week so I phoned what will be my local CAB office to talk to them & make an appointment to get some formal advice re my failed IVA & petitioning for bankruptcy. It took me ages to get through,the phone was getting answered then hanging up straight away or it was just left to go through to the answerphone so I guess they must be really busy! Anyway,the guy on the end of the phone was vague to say the least & said they were unable to make an appointment as they have to prioritise & they could only offer help & advice regarding to specific questions I may have about my bankruptcy paperwork & that would have to be done over the phone. He also said that if I was asked to prove I had sought formal advice before petitioning my bankruptcy then it is ok to tell whoever ask's to call the CAB office to confirm I had phoned them! - is this true? Is this normal for a CAB office?,I've never had any experience with the CAB before in my life but I was expecting them to be a little more welcoming & helpful,I don't have anyone to help me through this & was hoping the advice the CAB give me would give me a bit of moral support & confidence but after this morning I'm feeling a bit lost & alone.

Thanks again Spamheed & thanks debtinfo Sorry if my 2nd post came across as ungrateful,it wasn't meant like that,I was just suprised at the lack of responses in relation to the high amount of views,I just thought more people might have come forward with help or advice based on their own experiences,sorry if I offended anyone I really didn't mean to I've contacted the NDHL via email (the 0808 number doesn't work from here ) & I'm waiting to hear from them,I'll also be visiting the CAB when I return to the UK to help with all the paperwork so formal advise will be taken care of So I'll just have to wait until my IVA failure confirmation turns up,no problems there apart from the delay. I fully intend to be 100% honest with the OR I was just after some advice on the best way to go about changes of circumstance regarding work & income etc so as to avoid getting into trouble. Any more suggestions,help & advice will be greatly appreciated

wow,over 100 views & only one reply Thanks Spamheed,all my accounts are basic with no overdraft so I'm hoping the OR will have no interest in them & let me keep them. If I did get a job will my employer be obliged to tell the OR or is it down to me,how soon after starting any work would I have to notify the OR? What would be the situation with casual/temporary work? Will the OR be able to find out what work (if any) I do if I don't tell them myself? Anybody know if I can petition my bankruptcy before I get written notice of my failed IVA?

Hello,I'm new here,only just registered today after finding the site by luck,I'm looking for help & advice regarding bankruptcy. My story goes like this: Over the years I got myself into approx 26k of debt which I was coping with,although I was broke all the time as a result ,anyway all was ok until around the end of 2007 when I really started to struggle because in my job we only got paid for the work/jobs done (ie no work = no money) & things were starting to get really quiet & my earnings had fallen significantly. I decided to enter into an IVA (with hindsight I should have just gone bankrupt there & then but I did want to try & pay my debts off) in order to reduce my outgoings & hopefully get me through the quiet patch,unfortunately shortly into my IVA work got worse - to the point where I wasn't even earning enough to pay my rent let alone the IVA,bills etc & food for myself. I had been looking around for alternative employment but I couldn't find anything I could do that would pay enough to cover my outgoings,it got to the point that I could no longer afford to pay my rent etc & I had to move out & sell everthing I owned to raise some cash & move back in with my parents otherwise I'd be homeless,the problem with that was my parents live abroad so I also had to leave my job & move abroad. I continued to pay my IVA with the money I had left & when that I ran out around March 2009 I wrote to my IVA people explaining the situation & gave them my new address & phone number but I never heard back from them. After 18 months unemployed & almost a year of worrying I contacted the IVA people directly by phone & have found out that they have failed my IVA so I have now decided to apply for bankruptcy as I just want to put all this behind me & get on with my life once more. So now I have a few questions: I've been told the it will take 4-6 weeks for the IVA failure to be processed & to receive notice/paperwork of this,will I have to wait untill I get the paperwork or can I petition my bankruptcy now & let the OR deal with it all - I just want to get the bankruptcy sorted asap now! I have 3 basic accounts with Barclays,2 cashcard (one without a card as it was only ever used for direct debits for bills) & the other is a basic current account with a visa debit card,none of the accounts have more than a pound in & have been unused for around 18 months. Will I be allowed to keep one or any of them incase I manage to get a job & return home? If I can't keep one account will I be able to open a new basic account with Barclays in case I find work as I will need an account for wages. As I am unemployed & have been for around 18 months will I have to pay the £150 court fee? as I am totally broke & will have to rely on my parents for the costs anyway. What happens if I do find work during my bankruptcy?,what % of my income (if any) will they expect me to pay if they demand an IPA? Apologies for the mini life story but I thought a bit of background would help with the answers to my noob questions & any help & advice you guys can offer me