TV programme about debt & bankruptcy

Broken_hearted

creditpunch wrote: »

Well aren't you the lucky one, :T:T:T:T:T

Well I'm not bankrupt and I still have my home so yes I am.

However its more arn't you the smart one who bothered to check what they were doing

Ames

I've just watched it and I was shocked at the bad advice the old disabled guy was getting. He shouldn't have had to pay the full br fees, and he clearly didn't understand what sheltered housing was, he thought it was the same as a home. And when I was considering direct payments to employ a carer I was made fully aware of the responsibilities re tax and things, so his social services department are definitely at fault there for not helping him with that, here there's services to set up payroll.

copier_guy

The woman with the 3 kids had my sympathy. She looked like she was carrying the weight of the world on her shoulders. Hubby could have been more supportive!!

tired_mum

I have to agree with other posters the advice given to all the people was at worst wrong and at best very little it would have been better to have featured 1 family this week and one the next and shown the whole situation and what they should be doing. The BBC could have paid for trained and informed people to help them and show others the right things to do from start to finish and not make a situation thats difficult and upsetting worse or harder than it is. This programme has helped none and probably put people off leaving them to struggle.
P.S pop over to old style and join the yellow sticker gang and you may well be able to afford strawberries, its very easy to make comments but i am sure people looking in at you or me would be able to find fault remember there but for the grace of god go I

kazd

I felt sorry for the old guy, I hope the tax office and debt collectors catch up with the prat who thought it was his right to run up all that debt and not pay it. I think the family was the worst, I could have cried for the children, the 14 year old was devastated. As for the parents it just goes to show, you should have to take a test before you can get a loan. His excuse was the bank said we could afford it - For God's take some responsibility and get a flipping calculator out.

I deal with people all day who are in arrears and the majority are in debt for awfully tragic reason that upset me and in the case of one old man made me break down and cry whilst trying to deal with him bcause I wanted to help him and my hands were tied. (Did manage to sort something out) But as for the rest they think its acceptable just to take money out with no intention of paying it back - afterall as one guy told me you can't take my house its an unsecured loan - Like to see his face when a second charge gets slapped on his house.

Then you get the ones who are just plain stupid and should never have been granted a loan in the first place - I repeat they should be made to sit at test so that they understand exactly what they are getting into and how it works.

Oops sorry got bust and too posh to pay mixed up - the guy who ran up all the debt was from the to posh to pay.

fiveyearplan

The show made me glad I found this site and I'm also glad that I am able to help people in the small way that I do on here and the help and support here really is the best on offer. None of those people on the show giving out advice knew much of what they were talking about.

Long live MSE!

haleygrey

I agree that none of the people featured seemed to get any advice of any sort. I too was shouting at the telly, especially when the retired chef got his tax bill. A sad lack of proper information numbers at the end of the programme

MammaCas

fiveyearplan wrote: »

The show made me glad I found this site and I'm also glad that I am able to help people in the small way that I do on here and the help and support here really is the best on offer. None of those people on the show giving out advice knew much of what they were talking about.

Long live MSE!

My thoughts exactly, FYP.

Thank goodness I had this site, you lot and CCCS.....

I could've ended up homeless too :eek:

jellygirl_2

Just watched the programme. Was very interesting and have some thoughts:

The programme was very timely as the economic situation of the UK seems in daily decline.
The only people who were profiled were ones who were in disadvantaged situations - the family with the ill son and house in poor condition; the single woman with a couple of young children whose partner had left them; and the older man with chronic illness - none of them had fancy houses, the latest tvs and furnishings and cars and the like. Theres only so much they can fit in tv programmes but felt it was biased in this way. People from all sorts of situations and walks of life end up bankrupt.
I dont feel its right for me to comment on the individual situations and why those people ended up bankrupt or losing their house - felt really sorry for the older man - dont think his situation was explained very well, and the single woman with the 2 children - I was pretty amazed when I saw her with her head in her hands after going bankrupt at court, only to realise she was not sorrowful, but was overjoyed. I guess we all deal with stress in differing ways, but what really touched me was when the woman with the husband and family said that to face these problems alone (without a partner) must be so much more difficult even than what she was going through.
Glad I watched it - it upset me coz of what I need to face but also encouraged me that Im not the only one (not that I want anyone else to go through this of course:))

jellygirl_2

And none of the people appeared to have anywhere near the advice they should have had - it didnt explain what bankruptcy was or what it meant for those people who went through it.