Post-discharge ICB Report

prodigy81

Registered User
Messages
69
What's the Scheduled Removal Date of the entry prodigy?

Because, although my bank were still sending info onto the icb, as they marked it "pending litigation" 3 years ago it means it automatically falls off my report in 2018 - which is a year earlier than if they were to remove it 5 years from my bankruptcy date.

I just discovered that on my report recently.
Hi no_moolah,
I dont quite understand the Schedule Removal Date question? It doesnt have pending litigation or anything, it has my mortgage debt coming in as unpaid over 24 months?? Each month has a 9 in the box below!! Im quite confused..
 

no_moolah

Registered User
Messages
156
Hi no_moolah,
I dont quite understand the Schedule Removal Date question? It doesnt have pending litigation or anything, it has my mortgage debt coming in as unpaid over 24 months?? Each month has a 9 in the box below!! Im quite confused..

I think the 9 has something to do with the arrears / how many months you were in arrears, from what I have read online. Your report should give an outline of what the different entries mean. Although If you were declared bankrupt then it doesn't make sense for them to put a 9 in there.

Has the property been sold yet? my bank used that as an excuse for continuing to send on my info.
 

prodigy81

Registered User
Messages
69
I think the 9 has something to do with the arrears / how many months you were in arrears, from what I have read online. Your report should give an outline of what the different entries mean. Although If you were declared bankrupt then it doesn't make sense for them to put a 9 in there.

Has the property been sold yet? my bank used that as an excuse for continuing to send on my info.
Hi there,thanks for the reply. I do not believe my house has been sold. It was joint owned and I do not know what the other owner is doing with the house at all. How do I get out of this situation? I was under the impression that once your declared bankrupt that all your debts are essentially wiped and you start afresh. How can they still send on that I am in arrears if essentially I dont have a loan anymore??
 

no_moolah

Registered User
Messages
156
This was my issue. The bank said they would continue sending on the info until the property was sold and they could confirm with my OR that there were no dividends payable. The DPC didn't want to know. The FSO didn't know how to deal with it.

Fortunately the property sold this year.

Maybe consider going legal on it. It won't be cheap though !
 

prodigy81

Registered User
Messages
69
This was my issue. The bank said they would continue sending on the info until the property was sold and they could confirm with my OR that there were no dividends payable. The DPC didn't want to know. The FSO didn't know how to deal with it.

Fortunately the property sold this year.

Maybe consider going legal on it. It won't be cheap though !
 

prodigy81

Registered User
Messages
69
This is crazy, I cannot understand for the life of me how they can do this (Permanent TSB). I do not even know where to start regarding going legal. Do you know or have heard of any unlawful code of practice they are using??
Thanks again for your help again.
 

no_moolah

Registered User
Messages
156
I tried looking it up before but i couldnt find anything specifically stating that they weren't allowed to send the info on once someone is declared bankrupt. It drove me crazy too !

You should start by sending your bank a letter and see what they come back with. Then get the dpc and fso involved. You won't get a response from these overnight though bear that in mind. As a last resort you should consider getting legal advice on it. Maybe try Steve Thatcher ? He is the expert !
 

prodigy81

Registered User
Messages
69
I tried looking it up before but i couldnt find anything specifically stating that they weren't allowed to send the info on once someone is declared bankrupt. It drove me crazy too !

You should start by sending your bank a letter and see what they come back with. Then get the dpc and fso involved. You won't get a response from these overnight though bear that in mind. As a last resort you should consider getting legal advice on it. Maybe try Steve Thatcher ? He is the expert !
Many thanks, it looks like a letter to the bank is my first option as you mentioned.I will let you know how I get on. I am just so gutted to be back at this stage as i thought that part of my life was behind me.

Its horrible. Thanks for your help!!
 

Creditfail

Registered User
Messages
5
Firstly, I presume the ICB has no way to update data-sets from UK courts that information would be sent to
credit agencies in the UK there is no system in place to update credit referencing agencies outside the UK.

Secondly, Irish banks probably don't have the systems in place to update the ICB with non Irish data they do
have a responsibility to update your credit file with up to date information.

So, what should your file look like post bankruptcy?Your credit report should have all your previous debts on
file for the next five years with a clear notation of the charge off date, followed by your bankruptcy date.

There is no way any credit report is going to have no data coming back due to the fact it would be giving
a completely inaccurate record of your past management of credit.

Irish banks are only getting used to how to deal with customers post bankruptcy its going to take a while before the
new central bank credit register is up and running, once it is the system they have in place is far more robust then the
ICB I don't for see the problems talked about now existing in a year or two.

I don't see any main stream Irish bank allowing anyone get a mortgage for at least 7 years post bankruptcy the
internal scoring systems are simply not set up to allow you to access credit. Its going to take a while for the banks to
understand bankrupt customers can become credit worthy in the future.
 

Fresh-Start

Registered User
Messages
21
Hi Prodigy/no_moolah,

I feel your pain!!

I would be really interested to hear how things progressed for you. Did the banks agree to correct the ICB?

It doesn't seem like they have learned though. I was discharged in the UK almost 5 years ago now so I'm trying to get my ICB record corrected so I can get a loan.

After a few months of correspondence KBC finally agreed to correct the ICB report (only when I told them I was going to the FSO with it). They changed it to 'W' for month of discharge.
However PTSB have refused to correct it. I've lodged a complaint with the FSO. PTSB are trying to claim that the property is not sold so they are right to put arrears on the ICB, in correspondence they have also claimed I'm still the mortgage holder and I still have a liability. Absolute nonsense!

I'm so frustrated at this point, I would be really interested to hear how you got on and what banks were involved.
 

no_moolah

Registered User
Messages
156
Hi Fresh-Start,

My issue was the same as yours in that the property wasn't sold. Then they auctioned off the property while I was in a dispute with them about the ICB report. They still kept saying it wasn't sold, until I showed them evidence that it was sold.

Their attitude after this was that, even though it was sold, the OR in the UK didn't confirm whether any dividends were due. I found this to be so frustrating because they had control over the sale of the property and they knew that I had no other assets as the OR had given them a list of my assets and liabilities. Furthermore, not once did they even request this information from the OR, so obviously they won't have information that they never asked for.

When it was finally confirmed by the OR, they agreed to stop sending info to the ICB. My next hurdle was then to get them to backdate the ICB reports to when I was declared bankrupt or discharged (whichever was the correct end point). There were issues trying to get them to do this then. In the end I stopped chasing them because I discovered that from the time they marked the ICB record "P" for pending litigation, it automatically sets an end date for 5 yrs from that date. So mine will actually fall off my record earlier than expected. They had marked it P before I went bankrupt.

I had the FSO involved and although they were very nice to deal with, they were really out of their depth and didn't know how to deal with the issue. They seemed to act as a go-between, or more like a mailbox. They accepted the word of the bank and never queried any responses that they received from them. They also had me doing most of the running around on it. My advisor in the UK told me that what the bank was doing was wrong.

I was very disappointed with the way the FSO and the DPO handled it. I never got an apology off the bank nor any explanation as to why they kept sending the info on.

Check your ICB report and see if it has an end date for the entry. Im not sure if it will apply to you if they still sending the info on. The problem in this country is that nobody seems to know how to deal with it. There are some people on this forum who are very knowledgeable about this subject so perhaps you should consider getting some professional advice in order to sort things out. You're wasting your time with the banks, the FSO and the DPO - that was my experience of it anyway. I was drained by the end of it all.
 

Fresh-Start

Registered User
Messages
21
Hi no_moolah,

I find it crazy that a bank (PTSB in this case) can blatently lie to suit their own agenda and have no reprecussions.

Similiar to yourself I have caught them out on more than one issue, yet they continue to use what can only be described as bullying tactics.

Legal action may be the only route left to get any kind of satisfaction.

I'm considering suing them for the change in house prices for the period they have been sending incorrect information to the ICB.

I'd be happy to receive any recommendations re who to use for legal advice.

Thanks for your help...
 

prodigy81

Registered User
Messages
69
Hi all,

I am still in the same boat. They still have my name attached to both properties and are sending to ICB that I still owe them. Its crazy I have been cleared from bankruptcy since 2014. What can I do now, any suggestions, this never goes away!!!

1 property is gone too the partner which Ive been informed via his PIA but my name is still on it..How do I clear it?? The other is still not sold or even up on the market, crazy considering no payment since 2007
 

AH2017

Registered User
Messages
10
I recently contacted the Ulster bank as they were reporting incorrectly to ICB and they agreed to correct it. Now my mortgage has a scheduled removal date of November 2019. So the clean slate is within reach
 

prodigy81

Registered User
Messages
69
Hi Fresh-Start,

My issue was the same as yours in that the property wasn't sold. Then they auctioned off the property while I was in a dispute with them about the ICB report. They still kept saying it wasn't sold, until I showed them evidence that it was sold.

Their attitude after this was that, even though it was sold, the OR in the UK didn't confirm whether any dividends were due. I found this to be so frustrating because they had control over the sale of the property and they knew that I had no other assets as the OR had given them a list of my assets and liabilities. Furthermore, not once did they even request this information from the OR, so obviously they won't have information that they never asked for.

When it was finally confirmed by the OR, they agreed to stop sending info to the ICB. My next hurdle was then to get them to backdate the ICB reports to when I was declared bankrupt or discharged (whichever was the correct end point). There were issues trying to get them to do this then. In the end I stopped chasing them because I discovered that from the time they marked the ICB record "P" for pending litigation, it automatically sets an end date for 5 yrs from that date. So mine will actually fall off my record earlier than expected. They had marked it P before I went bankrupt.

I had the FSO involved and although they were very nice to deal with, they were really out of their depth and didn't know how to deal with the issue. They seemed to act as a go-between, or more like a mailbox. They accepted the word of the bank and never queried any responses that they received from them. They also had me doing most of the running around on it. My advisor in the UK told me that what the bank was doing was wrong.

I was very disappointed with the way the FSO and the DPO handled it. I never got an apology off the bank nor any explanation as to why they kept sending the info on.

Check your ICB report and see if it has an end date for the entry. Im not sure if it will apply to you if they still sending the info on. The problem in this country is that nobody seems to know how to deal with it. There are some people on this forum who are very knowledgeable about this subject so perhaps you should consider getting some professional advice in order to sort things out. You're wasting your time with the banks, the FSO and the DPO - that was my experience of it anyway. I was drained by the end of it all.


Hi No_Moolah,

I am still trying to get my situation sorted, 5 and half years following bankruptcy PTSB are still sending into ICB that I owe them. Is there any representative on this forum I can contact for help on this. I have contacted both FSO and DPO and they have no clue how to deal with this..
Its just crazy..
Anyone here with any other advice or help please comment or message me..I am at my whits end at this stage!!!!!
 

prodigy81

Registered User
Messages
69
Anyone have any help with this, 6.5years after bankruptcy and PTSB are still putting in false information!!!
 
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