A chance for all bankrupts to change your life - Your help needed!

4$£&*(£$&*(!

fiveyearplan wrote: »

There was an article in Metro (London free newspaper) today about how unfair it is for people with criminal records (and their families!) to have to declare to insurance companies. I left the newspaper at my desk but will try and post more of the article tomorrow - it might be worth jumping on their bandwagon!

http://www.metro.co.uk/news/article.html?7million_warned_of_insurance_trap&in_article_id=752029&in_page_id=34

I've emailed the journalist covering the story with details of this thread, I hope we can get some really good coverage as our issue potentially affects far more people than 7 million - with 200 people going bankrupt each day, and the insurers wanting to know if ANYONE in the household has EVER been bankrupt, you're talking quite a few hundred thousand people (particularly if you was declared bankrupt years ago, are now in a totally different set-up living with someone else who takes out the household insurance and may never know you was ever bankrupt... until a claims adjuster digs into the London Gazette as is routine) - a few hundred thousand is quite a conservative estimate.

vardmac

CitySlicker wrote: »

http://www.metro.co.uk/news/article.html?7million_warned_of_insurance_trap&in_article_id=752029&in_page_id=34

I've emailed the journalist covering the story with details of this thread, I hope we can get some really good coverage as our issue potentially affects far more people than 7 million - with 200 people going bankrupt each day, and the insurers wanting to know if ANYONE in the household has EVER been bankrupt, you're talking quite a few hundred thousand people (particularly if you was declared bankrupt years ago, are now in a totally different set-up living with someone else who takes out the household insurance and may never know you was ever bankrupt... until a claims adjuster digs into the London Gazette as is routine) - a few hundred thousand is quite a conservative estimate.

Did the journalist ever get back to you?

4$£&*(£$&*(!

vardmac wrote: »

Did the journalist ever get back to you?

No they didn't, which is quite frustrating given the number of high profile bankrupts of late (including the once highest paid footballer in the country Barnes). Maybe others would like to contact the journalist too?

NewStart09

Did anyone see the article in the Daily mail regarding a woman who insurance was void due to the fact that she did not declare a parking ticket from years before? thanks Newstart09

FinancesOfAFiveYearOld

http://www.co-operativeinsurance.co.uk/servlet/Satellite/1195118367511,CFSweb/Page/Insurance-Commercial

Public liability insurance (i.e., insurance against third parties head-butting the till or stubbing their toes on an office pot-plant).

The wonderful, wonderful, Co-op, page two of the online application system right after name, title and address:

Assumptions: ...
No proposer, director, partner or family member involved with the business has ever been convicted of or charged (but not yet tried) or been given an Official Police Caution in respect of any criminal offence other than a motoring offence.
No proposer, director, partner or family member involved with the business has ever:

• been declared bankrupt or insolvent,
• been the subject of a County Court Judgement, an Individual Voluntary Arrangement, a Company Voluntary Arrangement or a Sheriff Court Decree or...

... or coughed in public or had unnatural relations with a corgi too I presume.

This isn't just life-time guilt for the unclean and nasty bankruptee, it's guilt by association.

If my great great-great-grandson were to employ me as his chief cook and bottle washer then in order to "apply" to purchase public liability insurance from the Co-Op (and others, equally idiotically) he would be turned back at page two of the online forms and, in red text, be advised '...Unfortunately as you are unable to confirm agreement with all of the above statements we are unable to provide you with an online quotation. It may still be possible to offer you a quote if you contact the Co-operative service centre...

Yup, been there, made the phone calls, gone through the mill and been asked to go away and die somewhere more convenient (and, fyi, my rather domestic bankruptcy followed redundancy, not multi-million fraud in the City).

However, were my "crime" to have been mass murder of a bus-load of Carmelite Nuns with an offensive wooden spoon rather than financial embarrassment then he would not have to sink to his knees and "contact the Co-operative service centre".

It's the season of our Guy Fawkes remembrances. Would, he said, in direct and public solicitation of violent and bloody revolution, we were to make those celebrations a tad more meaningful and realistic this year.

Other than that I have no strong opinions or feelings on the matter.

4$£&*(£$&*(!

Hi all, has anyone had much movement on this? I have had some positive responses from MEP's to state the issue of declaring bankruptcy for insurance reasons has now been referred to Lord Mandelson.

I've also emailed Christine Hamilton to ask for her support as Neil was declared bankrupt a short handful of years ago, I hope this could give us some good leverage.

Does anyone else have a brass neck to ask people of note (or their agents at least) who are discharged bankrupts for their help? With Christine, you can count that as one person for me - would be good with your help to get this into double figures.

Fandango2090

Great effort, I hate how we are viewed as criminals

Susie54_2

Letters sent this evening!
S x

xxmarypoppinsxx

I shall definitely be writing, CRIMES get a sentence, so we're criminals???
When I went to go BR the guy said 'the stigma has gone from Bankruptcy nowadays' really??? my friend was raped and the guy got five years and was out in three... so we are worse than rapists??? SIX YEARS, and mine and my partners reason... illness... pure and simple, we lost a whole income... what could we have done??? Don't get into debt people say, show me someone that has NO debt...

Who should I write to?

Good job CitySlicker,

MP xxx

whippetman_2

Well Done, Good idea

Matt