A question about : BR Abbreviations
Thought we should start a new BR Abbreviations List, so we can all add to it. 
AIB - Accountant in Bankruptcy
AO - Administration Order
AD - Automatic Discharge
Annulment - Cancellation
AE - Alter Ego, is generally someone who's previously been PPR'd and has joined under a new username to cause dispute.
Assets - Anything that belongs to you that may be used to pay your debts.
AFAIK - As Far As I Know
AFAIR - As far As I Recall
AFAIAC - As far as I am concerned
BR - Bankrupt/Bankruptcy
BI - Beneficial Interest
BO - Bankruptcy Order
BIS - Business, Innovation and Skills (Department of)
BRO - Bankruptcy Restriction Order
BRU - Bankruptcy Restriction Undertaking
BTW - By The Way
BRB - Be Right Back
Bankruptcy petition - A request made (by you as the debtor or by a creditor) to the court for you to be made bankrupt and giving the reasons why.
CAB - Citizens Advice Bureau
CAS - Citizens Advice Scotland
CC - Credit Card
CCF - Court Claim Form
CCJ - County Court Judgement
CCS - County Court Summons
CRA - Credit Reference Agency
CRF - Credit Reference File
CRB - Criminal Records Bureau (UK)
CCCS - Consumer Credit Counselling Service
CIFAS - Credit Industry Fraud Avoidance System
Creditor - Someone to whom you owe money
CO - Charging order, An order made by the court which gives the trustee a legal charge on your interest in your home. This continues even after you are discharged from bankruptcy.
Clarke Willmott - are the OR's solicitors who collect tax money and IPA payments etc (used to be Moonbeaver)
Debts - Money you owe.
DAS - Debt Arrangement Scheme
DCA - Debt Collecting Agency
DD - Direct Debit
DMP - Debt Management Plan
DRO - Debt Relief Order
DH - Dear Husband
DD/DS - Dear Daughter/Son
DW - Dear Wife
Discharge - Freed from bankruptcy
ED - Early Discharge
EX160 - Application for a fee exemption or remission of court
Estate - Your assets or property which your trustee can deal with to pay your creditors.
F&F - Full and Final Settlement
Form 6.27 - Debtors Petition for bankruptcy
Form 6.28 - Statement of Affairs (Debtors Petition)
F2F - Face To Face (OR interview)
FYI - For Your Information
HPA - Hire Purchase Agreement
HTH - Hope That Helps
HES - Household expenditure spreadsheet
IS - Insolvency Service
IPA - Income Payment Agreement
IVA - Individual Voluntary Arrangement
IPO - Income Payment Order
I&E - Income and Expenditure
IPOQ - Income Payment Order Questionnaire
IMO - In My Opinion
IMHO - In My Humble Opinion
IIRC - If I Recall Correctly
Interest - A right to, or share in, a property.
Insolvent - Unable to pay debts owed
ICO - Information Commissioners Office, you send your disputes to them if your creditors won't change your credit file information (See Fermi's Credit Reference File Clean Up Post Bankruptcy Sticky).
IP - Insolvency Practitioner, An authorised person who specialises in insolvency, usually an accountant or solicitor. They are authorised either by the Secretary of State or by one of a number of recognised professional bodies. * Please do see a free debt charity, try these first as they don't charge and are impartial *
Legal charge - A form of security (e.g. a mortgage) to ensure payment of a debt.
LTADT - Long Term Asset Distribution Team - This is just another branch of the IS -- . https://www.insolvencydirect.bis.gov....m%20Assets.htm
LILA - Low Income Low Assets. This scheme is for Scottish residents and is the route into bankruptcy for people who have low income and low assets - > https://www.aib.gov.uk/Services/Legis...plication/Lila
LO - Loved One/Little One
LOL - Laughing out Loud
Moonbeaver - Moonbeever WAS the ORs solicitors who collected tax money and IPA payments etc, before them is WAS Clarke Willmott.
My bad - is an American idiom that was made popular by basketball players in playground games in the 1970s and 1980s. It usually means my fault, my mistake, I apologise or mea culpa.
NDL - National Debt Line
NT - Nil Tax
NTC - Nil Tax Coding
NRM - Northern Rock (Asset Management)
NICO - National Insurance Contribution Office
NTB2 - NTB2 - when you go BR you signed two copies of the form NTB2 the purpose of which is to ensure that you are aware of a number of duties and responsibilities required. You are agreeing to inform the OR within 21 days of any change in income/expenditure. The form also points out the bankruptcy restrictions which must be observed until discharge.
OR - Official Receiver, when we say OR on this board we often don't mean the actual Official Receiver but we mean the Office of the OR or the staff member representing
the OR (it is often an Examiner (EXR) or Case Clerk (CCl).
OP - Original Poster
OMG - Oh My God
OH - Other Half
PM - Private Message
PAYG - Pay as You Go Mobile Phone Tariff
PoD - Proof of Debt
PP - PayPlan
PPR - Posting privileges removed
PIQB - Bankruptcy Preliminary Information Questionnaire
Preferential creditor - A creditor in bankruptcy proceedings who is entitled to receive certain payments in priority to other unsecured creditors. These creditors include occupational pension schemes and employees.
Proxy - Instead of attending a meeting, a person can appoint someone to go and vote in their place - a 'proxy'.
Public examination - The court may order that a bankrupt be questioned in open court about his or her affairs, dealings and property.
RTLU - Regional Trustee/Liquidator Unit
RO - Repossession Order
SOA - Statement of Affairs, We often mean Form 6.28 - Statement of Affairs (Debtors Petition)
SOA - We often ask you to post your SOA, MSE SOA Calculator - Click here Select the MSE format at the end. Copy and paste onto your thread.
SD - Statutory Demand
Solvent - Able to pay one's debts
SOD - Suspension of Discharge
TIA - Thanks In Advance
tl dr - too long; didn't read.
TNIDIS - Tax and National Insurance Disclosure authority form, when you went BR you would have signed a TNIDIS form, which states any tax rebates go to the OR
Trustee - The trustee in bankruptcy is either the official receiver or an insolvency practitioner who takes control of your assets. The trustee's main duties are to sell these assets and share the money out among the creditors.
Troll - A person who posts intentionally controversial posts to cause fights and arguments between posters
Unsecured creditor - A creditor who does not hold security (such as a mortgage) for money owed. Some unsecured creditors may also be preferential creditors.
Do see Tixy's DFW dictionary too - - > The New DFW Dictionary
Best answers:
- Brilliant If, thank you.
Just spotted one to add...
CAS - Citizen Advice Scotland - Another good idea IF, well done
- Just wondering if there is a DW (Dear Wife) or HID (Her In Doors)?
- Just though you might want to add to the description of OR that often we dont mean the actual Official Receiver but mean the Office of the OR of the staff member representing the OR (often an examiner EXR? or case clerk CCl?)
- i was thinking examiner EXR and case clerk CCl, but probably better just to stick to OR as to not confuse people
- Just realised I hadn't posted a TNIDIS explanation!!
TNIDIS - Tax and National Insurance Disclosure authority form, when you went BR you would have signed a TNIDIS form, which states any tax rebates go to the OR - Bump......
- Bump......
- Brilliant, thank you.
- Bump.... :-)
- Think it would be great if this was a 'sticky' and what does IS mean please?
- IS = Insolvency Service
- Bump....I still need to refer to this quite often so helpful if its near the top
- bump........
- bump.......
- 498 reads