Steve - how significant is the "daily use of the bank card " I have heard you refer to this a few times but isn't everyone's spending habits different ? Would it be considered unusual that someone may make a few card purchases maybe a big shop at the weekend and use cash during the week ?
Hi Steve
I have a question about UK bankruptcy - if a person were to go over to the UK and rent a room in a house, does it matter if the utility bills are not in their name?
Also if there is an unco-operative co-owner on the mortgage that is being wiped out, do they receive notice of the bankruptcy also?
Many thanks
NM
No rent a room and prove you pay for it, get a job and have your wages going thru the bank account with your daily wages. That will be enough.
The bankruptcy will not be known about by your ex partner until after the order is made.
Steve Thatcher
Hi Steve,
Can you be self employed and work for yourself?
Does anyone know what the situation is re: the nil tax code that applies after you're declared bankrupt?
I have read conflicting information about this but from what i can gather - you don't pay any tax to the revenue during the 12 months you are bankrupt but the money you would have paid to them goes to the OR to be distributed amongst creditors. Is this correct?
Also is this applied to everyone who is bankrupt? or only certain cases?
It is for the OR to implement. it seems he will only do it if it is worth his while. It is of no consequence to the bankrupt. It also only happens until the end of the tax year. So if you are bankrupt in October, it lasts until the next April
Steve Thatcher
Hi dj30
Thanks for the reply.Thing is I've already signed up to an "expert" solicitor(got me to sign an agreement at the first meeting which i stupidly did) but he has told me not to contact the bank at all. he doesn't reply to emails for 4-5 days and only when I send a reminder and basically just contacts me for payment.
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