low income low asset bankruptcy

[IdaInFife]

Hi Alan,

 

Not got any experience with LILA but do with bankruptcy.

 

they won't ask how and why but you would need to declare everyone, even the ones thats over 5 years cause then they cannot demand any payment etc.

 

 

just try and gather any papwork you have, when i went Bk the trustee came and seen me at my home and he was very helpful and proded me along even when calauting my outgoings minding me that i smoked etc and need monies for things like that.

 

if by any chance you do forget any creditor your BK is placed in the edinburgh gazette inviting creditor to contact the trustee and if you ask your trustee about this i am sure mine said just elt us know if anyone contacts you or just tell them you BK ref no etc.

even if you know you r a due a company money but donlt have any corress just write it down as well and apporx amount etc

 

this is what you will be filling in so you can have a nosey at it:

 

http://www.aib.gov.uk/Resource/Doc/4/0000671.pdf

 

ida x

[IdaInFife]

you wonlt get in trouble, I promise what the mean is a lot of people use BK but maybe do not include ticky loans from provident or greenwoods and keep them up so they can still get more etc etc and obviously you delaring what income you have.

 

re the bank account: unfortunatley some banks are unhelpful during BK.

 

At the time of my BK i bank with TSB and my waged went into it paid my dd's and was not due TSB a penny. But every payday they wouldnlt let me use my cashcard and had to go into a particular branch to withdraw funds which when working fulltime was difficult.

 

I spoke to some at BOS, who incendently were one of my creditors, and they opened an account for me with a visa electron ( I used ebay and bought online so needed some type of debit card) and had great pleasue going into the TSB branch and closing my account and the reason for it. Then relacimed the 3 bank charges with them and they made a mistake nad paid me 6 .

 

SO just beware and when you file the BK and make an appointment with someone at the bank you bank with and ask them if them if your banking with them would be affected.

 

anyhoo, as on a thrd i hvae just posted, when you file your BK and it goes through, think it of as a new start. It was great for me. Couldnlt get credit so anything i needed or wanted we had to save and are not due anyome anything , have no credit at all and donlt want it. Update to date with all utilitied and have everything we need with a litlle abit more. Made up appreciate money and everyhthing else and more and very happy and content ( second time tonight i have said similar things )

 

 

Don't worry there will be no lecture about bad spending.

 

Your new life starts here

 

ida x

[IdaInFife]

I don't know how long it takes to get any paperwork through but the postal strikes are ongoing and sme peopkle havenlt had mail for over 4 weeks. the are striking at different parts of the country each day so some people arenlt affected at all but most are delayed. that could be one reason.

 

it was different in my day the trustess actually came to my home and went over everyting and he was very nice. didn't as questions like how this happened but was very helpful with my outgoings. he mde sure that everything was accounted for like any vet bills that may arise

 

bu anyhoo, if the have confirmed it went through that's the main part confirmed.

 

 

do they not have an email address you can use for contact?

ida x

[IdaInFife]

glad your feeling alot better now