You Can Ask Questions & Find Answers Here

What rights do I have on a property with a joint mortgage when I left two years ago?


My ex and I bought a house in 1997 with an interest only mortgage. We both worked full time and paid into a joint bank account, however, I took a job with live-in accommodation three years ago and the relationship broke down a year later. He expected me to pay half the mortgage which I was not prepared to do but gave him the option of us selling the house.

paying over the certain % amount - no longer get repossessed?


Hi, just a general query, is it true, that if you pay off a certain amount on a mortgage (%) then if you fall into difficulty they cannot repossess the house? if true, what is the % ? any links? thanks

What options do i have as a bankrupt contractor


I'm soon to be made bankrupt and currently on PAYE but would like to also do some contracting & free lance work on top on my PAYE employment. I do not want to manage my own tax or be a limited company but free to work on short term projects for any client and be sure my tax and insurance is covered.

In debet and parents house threatened with bailiffs


Basically I owe a company money. I am studying abroad and they have threatened to send bailiffs to my parents house even though I am not registered there anymore. Is there anything they can actually do. I am not sure whether I am still registwred to vote there or not.

Can I get car finance on a DRO


my car has broken down and costs way too much to fix! I have a DRO since January and due to new job (DRO aware) I could potentially afford the finance of £12per week atm. Am I able to get finance on a DRO?

Can i discuss my IVA with another insolvency practitioner?


I am an undischarged bankruptcy, would these expenses be considered reasonable?


I am an undischarged bankruptcy, am i allowed to pay family member for a car that i use that they have taken out on hp? Also my sons new school has a monthly fee, i have had to move him due to bullying at his old school. Currently i am a single parent and i need car for my work, school runs, shopping etc. Currently for my sons school, family are going to help with fees until i get a proper job?

I'm on a IVA but due to a clause in it, i messed it up big time!


I'm on the IVA at the moment but due to a clause that was written into it by HMRC i failed my agreement within the first 2 months due to loss in earnings. I only found this out 13 months into the IVA after paying what i could each month based on the advice i had at the time (15000+ a month).

Loophole to get out of lose I guess your stuff


Let's say the bailiffs come to your house and before you spoke to them you sold everything you have for pound to your partner a friend whoever how would you write a receipt to prove there ownership Hypothetically of course

MY BANK SOLD MY CAR LOAN DEBT TO COLLECTIONS AND NOW I CANT CASH A INSURANCE CHECK


MY BANK SOLD MY CAR LOAN DEBT TO COLLECTIONS AND WROTE OF MY CAR. MY CAR WAS THAN IN A ACCIDENT AND I RECIEVED A CO-PAYABLE CHECK. NOW THE BANK IS SAYING IT DOESNT KNOW WHAT TO DO AND IM STUCK WITH A 14 GRAND CHECK THAT I CANT DEPOSIT TO PAY THE DEBT OFF. WHAT AM I SUPPOSE TO DO? THE MONEY HAS TO BE PAID TO MY BANK BUT MY DEBT IS NO LONGER WITH THEM, ITS WITH A COLLECTIONS AGENCY. ANY ADVICE?

our son has had to move home for 10 weeks after 6 years he owes money


our son has had to come and stay with us for 10 weeks he left home 6 years ago and this is not his permanent address he owes money and the bailiffs say they are going to take our goods to pay his debt we don't have receipts for everything can you please help

CAN AN ENFORCEMENT OFFICER CLAMP A VEHICLE NOT OWNED BY THE PERSON THEY ARE PURSUING?


I have received letters from Reading Council regarding a PCN for a person who is not known to me, and has never lived at this address. I have written to tell the Council, and provided phographic evidence of the person, and his address, after extensive enquiries with a van hire company. Still, Reading Council are sending Bailiffs to MY home. How do I proceed?

Death during IVA term


What happens if I die before the end of the term of my IVA? Will my partner and son be forced to sell the house? The IvA is in my sole name.

Receiving a student maintainance grant whilst having an IVA


I've not been officially accepted yet, but if I do get onto my college course in September I am likely to receive around £2,900 per quater over the next 3 years.

How can I make them know that he does not live here?


Car on finance and DRO's


I need to do a DRO but need to keep my finance car which only has about 16 months left to pay on it as I need it for work. The car is worth just over £1000 when put into Webuyanycar, however as it is a finance car surely it's technically considered to be owned by the finance company rather than myself until the payments are completed? It would be illegal for me to sell it on after all?

I have debt and bailiffs are going to my mums adress can they take goods?


I've had an enforcement letter sent to my mums adress for a start I don't even know what it is for, but more importantly I no longer live at her adress I was staying with my partner until recently when we split up, I'm now staying with some friends but have no fixed adress, can goods be removed from my mum's house?

Is bankruptcy an option? Married, living with husband & our 4 children. Debts are all mine


My husband is self employed, we are both directors in his limited company and I'm on the payroll as an employee. I've just had our forth child and am currently on maternity leave. I have around £22000 of debt solely in my name, my sole income includes child tax credits, child benefit, mat pay & dividends. If I was to consider bankruptcy would my husbands income be considered?

Returning to University while under DRO?


I am currently under a DRO (one month in). I'd like to return to University to do a Masters - if I get a student loan to cover my fees (4400) my benefits will be reassessed using the entire potential loan as income (10K) whether I take the full amount or not. It therefore makes financial sense to get the full loan to make up for the loss of benefits.