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BBC Breakfast - BR focus

Anyone see the Money spot on Breakfast at 7.50am talking about "record rise in bankruptcies" .......

Not too bad - except wrongly he said that you HAVE to continue making monthly payments for 36 months and you DO get to keep your car up to a value of £1500. No ifs or buts.
They bought into the discussion about the fees for BR even though people are not supposed to have any money.
They also talked about how some people see it as an easy way out of being in debt but they quite rightly said that most people are desperate and don't know which way to turn.....

Interesting ........ I wonder what the figures will be for the first three months of 2009?

SA
2011 - New year, New start, New me
[STRIKE]Planning on [/STRIKE] making my dreams a reality

Comments

  • interesting views, those figures will be good to see
  • k2nga
    k2nga Posts: 1,375 Forumite
    Part of the Furniture Combo Breaker
    They will be high but we all know that. IVA's are tosh and dont work and ah mostly ran by companies are crooks and the government do nothing about it so its hardly a surprise that people are forced to look at the only real option for the alot and thats to go BR.
    :cheesy: K2nga :cheesy:

    BSC Member 176
    BR 23/06/08
    ED 22/01/09
    Credit file BR fall off date: 24/06/14 :beer:
  • k2nga
    k2nga Posts: 1,375 Forumite
    Part of the Furniture Combo Breaker
    Also i got annoyed that a lot of these reporters dont have a clue when it come to this subject. They report on it and reckon they know what OR's do not even us people who are regulars on here can say what an OR might or might not do as they all vary.

    They should be picking a few people off here to give proper advice on what its really like to go through the whole process and not guess what it must be like.
    :cheesy: K2nga :cheesy:

    BSC Member 176
    BR 23/06/08
    ED 22/01/09
    Credit file BR fall off date: 24/06/14 :beer:
  • philnicandamy
    philnicandamy Posts: 15,685 Forumite
    10,000 Posts Combo Breaker
    hmm nice to see a well researched subject again :rolleyes:
    We all die. The goal isn't to live forever, the goal is to create something that will
  • hmm nice to see a well researched subject again :rolleyes:

    Well i did email the BBC to come here if they wanted some real true life expeariance of what BR is REALY about, strangly i have not had a reply yet:confused:
    Thats it, i am done, Blind-as-a-Bat has left the forum, for good this time, there is no way I can recover this account, as the password was random, and not recorded, and the email used no longer exits, nor can be recovered to recover the account, goodbye all …………. :(
  • philnicandamy
    philnicandamy Posts: 15,685 Forumite
    10,000 Posts Combo Breaker
    Well i did email the BBC to come here if they wanted some real true life expeariance of what BR is REALY about, strangly i have not had a reply yet:confused:


    Hmmm...wonder why? :rolleyes:
    We all die. The goal isn't to live forever, the goal is to create something that will
  • MercMan
    MercMan Posts: 460 Forumite
    You would think they would have asked Martin seeing as he's a regular on the Beeb!!
    "What does not kill you makes you stronger"


  • tigerfeet2006
    tigerfeet2006 Posts: 14,030 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I couldn't watch it as we had no satalite signal :(
    BSCno.87
    The only stupid question is an unasked one
    Loving life as a Kernow Hippy
  • dvs
    dvs Posts: 826 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    robsimps53 wrote: »
    interesting views, those figures will be good to see

    Sky News have just said that the insolvency figures for the last three months of 2008 were 19,100.
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