This is the attitude I am against

Broken_hearted

andyhm vbmenu_register("postmenu_13600041", true);
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Seems I am backed into a corner and if they go for the CCJ option I am thinking that I will hit the button marked Bankruptcy - no intention of paying this back for years and years! If I pay a token amount they will want to review it every 6 months and I will never have any disposable income - 10k takes a lot of paying back

Samantha1985_2

That's imo awful! If you have the money and spend the money you have to take the consequences and pay it back!

People like andyhm above are the reasons other people pay more!! to cover the expense of others who just shrug it off! Being debt free is hard and going bankrupt should be a real last resort! :rolleyes:

This is something that really gets me riled up.. I have debts and I slave away to pay them back.. as it should be, once i'm all paid up I will be more careful and feel much happier with things :T

Richard_S

Hi Broken hearted,

I can understand why you feel that way, but you can't expect everybody to see the world in the same way that you do. As I've said on numerous occasions, I admire your resolve and tenacity, but that doesn't make other people's decisions wrong ones; they're just different ones.

And the bankruptcy board really isn't the place to vent your wrath about people that take the easy way out.There's enough misery and soul searching on here to demonstrate that for most people bankruptcy is not a "get out of jail free" card.

If you could get out of your current situation by declaring bankruptcy then you wouldn't hesitate, and you shouldn't condemn people that do.

I have the greatest respect and admiration for you. You have had to face problems, not just debt problems, that would have driven some people to insanity, but that doesn't give you the right to judge "weaker souls".

Just my opinion of course.

Richard

Broken_hearted

Sorry Rich I was just pointing out its people like that, that gives everyone a bad name. It wasn't a dig. As for myself things are looking up, if things go to plan DH will be pretty much debt free by october. I'll still have my CC but as you know I don't want to give it up.

Richard_S

Broken_hearted wrote: »

Sorry Rich I was just pointing out its people like that, that gives everyone a bad name. It wasn't a dig. As for myself things are looking up, if things go to plan DH will be pretty much debt free by october. I'll still have my CC but as you know I don't want to give it up.

Hi Lovely,

I didn't think it was, but it could certainly have been taken that way.

Bankruptcy was the absolute last resort for us, and I know that's not the case for everybody, but I don't judge others on whether they could have repaid their debt or not. There's no such thing as giving a person or group of people a bad name; there's so much narrow mindedness and bigotry in this country that it doesn't matter what you do, there'll be somebody who criticises your decisions, preferences and choices.

Absoultely delighted that you're chipping away at your debt, and nobody will wish you more heart felt congratulations when it's repaid, than me.

Rich

fiveyearplan

I don't consider bankruptcy 'an easy way out' for me. I lost a lot going bankrupt (and still have my house to deal with!). Sometimes I wish that I had gone on a mad spending spree with my credit cards instead of pumping up my business.

blind-as-a-bat_2

Broken_hearted wrote: »

andyhm vbmenu_register("postmenu_13600041", true);
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Seems I am backed into a corner and if they go for the CCJ option I am thinking that I will hit the button marked Bankruptcy - no intention of paying this back for years and years! If I pay a token amount they will want to review it every 6 months and I will never have any disposable income - 10k takes a lot of paying back

Hmmm i can see wy you feel that way BH, it was badly worded BUT nothing he has posted says why he wont have any disposable income

The statemant "no intention of paying this back for years and years" does sound bad but if he means because on his income he can only offer a £1 token payment then i see his point, what is the point of putting up with the agro the DCA will give him for a large chunk of his life knowing he may never clear the debt anyway.

I think most here would agree if the collectors had just been reasonable and accepted a realistic amount for however long that may be BR would not be needed, but real life aint like that with these bullies that call themselves debt collectors

Theres simply not enough info to judge this poster on that statement alone, but i agree it could have been worded better

But we are all guilty of "badly wording" things on here at some time arnt we BH?;)

maxmycardagain

hindsight is a wonderful thing, so are blinkers, if we knew all of lifes twists and turns we would never get on for the ride, its level, uphill and downhill with twist and turns, what does tomorrow hold? god knows, but i dont.

"let he who is without sin cast the first stone".....


and just hope "there but for the grace of god go i"


and while we are on the subject, tell me, do you know any hard up banking bosses? surely in any business, if there are cash flow problems the boss can take a pay cut?...

An American businessman who has negotiated a $58m (£37m) pay package is set to top the league table of UK executive pay. William F Aldinger III, who joined the board of banking giant HSBC last week, has agreed a deal which includes an annual bonus of $4m, $21m in free shares and free health and dental care for himself and his wife for the rest of their lives - even if Mr Aldinger is fired. It will make him the best paid director of a UK listed company.

rog2

Broken_hearted wrote: »

Seems I am backed into a corner and if they go for the CCJ option I am thinking that I will hit the button marked Bankruptcy - no intention of paying this back for years and years! If I pay a token amount they will want to review it every 6 months and I will never have any disposable income - 10k takes a lot of paying back

I think that the overwhelming majority of posters, both on the Bankruptcy Board and DFW would find a problem with a statement like this.
As far as I am aware 'Bankruptcy' is not a magic button, as most of us who have experienced it will testify. It is a very difficult decision for most people to actually take in the first place and the effects on a bankrupt's everyday life can not be trivialised.
In my opinion the person who posted the thread that you quote has, yet, to come to terms with the 'gravity' of his situation. Many people, facing debt for the first time, tend to shrug off the overall implications.
If, and I must confess to having my doubts, that post was genuinely made, then i am sorry to say that the said andyhm, is going to have to face a brutal 'reality check' and it looks like sooner rather than later.
At best he seems to be saying - 'Don't worry about spending, you can always write off your debts by declaring yourself bankrupt, so spend away.' I doubt, very much, that you will find many here, among the ranks of bankrupts, who would agree with that 'philosophy' - most, if not all, of us would have preferred some other alternative, but those 'alternatives' were just not available.
I am, therefore, tempted to think that such a post may be frivolous - even an attempt at 'Trolling' to create division and ill-feeling on these boards.

rog2

maxmycardagain wrote: »

William F Aldinger III, who joined the board of banking giant HSBC last week, has agreed a deal which includes an annual bonus of $4m, $21m in free shares and free health and dental care for himself and his wife for the rest of their lives - even if Mr Aldinger is fired. It will make him the best paid director of a UK listed company.

I expect it was the free health and dental care that convinced him to take the job. :rolleyes: :rotfl:

fiveyearplan

I'm sure the free dental care was what swung it - you know how Americans feel about their dental works.