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

out_of_cash

I RECENTLY HAD A LETTER BACK FROM MY MP WHO LOOKED INTO THE INSURANCE SIDE OF THINGS AND SAID HE COULD FIND NO EVIDENCE OF INSURERS CRANKING UP PEOPLES PREMIUMS JUST BECAUSE THEYVE BEEN BANKRUPT,I AM NOW GOING TO WRITE TO HIM AGAIN.

REGARDS

OUT OF CASH. "sorrry about the caps"

4$£&*(£$&*(!

I am still reminding my MP about this, the steam seems to have gone out of this thread though - has anyone a suggestion how to reinvigorate this?

Cheers

out_of_cash

hi city slicker,

have basically been told the obvious, " if i shop around i should get a good deal" wont hold my breath there then.Direct line are suppose to be ok a friend of mine went br just paid them in one lump sum no questions about br.how many ins companys are you comin across with this tactic of oh your br will will now shaft you?

regards

ooc

out_of_cash

i think it will take thousands of letters to the finacial ombudsman,oft.ins companys etc, but we know how good they are when sorting out problems.

MistaSooperAngry

Wrote to them works. Egg had incessantly chased me for money after my BR in June, meanwhile I had a claim against them for mis-selling PPI.

I got my MP onto them, they conceded overcharging £1800 (which was more than enough to bring about my BR - think about it - when I start to earn good money again? Lawsuit? Oh yes!) The money was paid to the OR.

They are now chasing me again! They are committing a Criminal Offence, a fiver says they won't face prosecution. As I am still unemployed, I will use all my energy an intelligence to bring them to book again.

I signed an ePetition at No10. demanding NHS trusts and GPs stop using premium rate numbers for sick people - the government are drafting laws to ban the practice - "The ban will be enforced as soon as the necessary legislative changes can be made."

The whole point is this. One person can make a difference, and it is essential for a civilised society that we continue to do so. Even if the issue is widely 'accepted' practice.
City Slicker - the Gazettes are actually breaking the Data Protection Act, not just the spirit of it. At a time when the Information Commissioner is starting to grow teeth, this is probably the best route of attack. Failure to comply with an ICO is an ruling is a criminal, imprisonable offence.

MistaSooperAngry

Update: As I have yet to be discharged, I have yet to experience the horrors I have read of. Thanks for the warning.

Anyone thought why Barclays and Co-op host bankrupts bank accounts during bankruptcy? Simple, it's an un-tapped market in 'The Great Capitalist Model' speak. And when those bankrupts return towards normality and earn, turnover for those businesses.

So, why not point out to one of the greedy corporates, what a huge hole there is in the market? e-sure, Direct Line and numerous others got started that way.

There were 64,728 BRs during 2008, probably heading to the 100k mark this year, 416,651 between 1998 & 2008. These figures straight from the Office of National Statistics. So, which of the self sustaining business should we all target to pick up this poor band of outcasts?

out_of_cash

HI MistaSooperAngry

are you aware that any law suit you bring against any creditor or dca even after discharge if you win all funds go automaticaly to the OR in your bankruptcy.

ooc

out_of_cash

i am totaly with you giving them all a good hiding, whatever the outcome i gavea major bank a run for their money thought they were getting 38k turns out pro rata after br and costs involved their getting 4k:snow_laug .If they could use their brains now and then dispite the crap in the microscopic print on their so called cca agreements "when they can actually find one that is"when someone is unemployed or seriously ill its not a good idea to push them further and further into debt as the bankers have now found out.Just goes to show when the giants pick on the little people they dont always win. "They all need to wake up and smell the coffee that peoples circumstances change and if there is a risk the p brains in the banks should make it compulsory that everyone taking out credit is insured up to their knecks as we all know a job for life system ended 25 yrs back"

merry xmas to all :santa2:

pugsby

I agree with you all I was discharged on the 4th October 2009 and I have had the insurance problem (Home Contents). I was at a loss, nice to see I am not a lone, Good luck to you all and Merry Christmas. I will be back in the New year.:xmassmile:snow_laug

MistaSooperAngry

out_of_cash wrote: »

HI

are you aware that any law suit you bring against any creditor or dca even after discharge if you win all funds go automaticaly to the OR in your bankruptcy.

ooc

Hi and cheers :cool:

Given the numerous GP and hospital visits brought on as a direct consequence of this bank's gross overcharging, failure to duly comply with a highly relevant FSA ruling in which they were fined around £1M, their subsequent and continued persecution, criminal activities of which they and the OR have been notified, all of which has been rigorously documented, vs. the outstanding amount, the anticipated damages would far outweigh the outstanding debt.

Of course, a full risk and return assessment would be made, if only to show them how to do it and avoid global catastrophes!

The OR has taken an extremely dim view of their persecution, suggesting that if it continues to notify the police. I believe that the OR has had a gutful of us being booted from pillar to post and beyond.

That apart, City Slicker's AA theme got me into top gear. Much research and a lot of contradictions. I have a diagram in power point if anyone wants to see who owns who, what their ethics are. Drawn so simple that even the most superior CEO can understand it - my baby cat can :rotfl:

I've drafted a strategy:

My background:

An engineer by profession, once declared by all friends and business associates as being the hardest working person there ever was (this during Thatcher’s reign).

After I closed my business during the 90s recession, found my skills as a troubleshooter used by large companies in both Construction and IT. Personal problems led me into a life of growing debt and the mental health that comes with it when unsupported. I was declared bankrupt in June 2009, having lost my well-paid contract work and still having outstanding debts accrued from the last century. I am poorer today than when a teenager. But I am also a lot lot stronger and tougher.

The thesis:

It appears that Investment firms are trying to affect revenge on bankrupts. I hope I am proven wrong, and that what I have uncovered is over ambition by someone in a subsidiary firm’s senior management. This bonus culture is deadly.

Route to evidence:

It has grown after I was responding to a request in Martin’s Money Saving Expert email, for people with mental health issues to complete a MIND survey regarding their treatment at the hands of bailiffs.

Having had two disgraceful sets of these !!!!!!s set upon me, during what has been without doubt, the worst year of my life, at the age of 54, I was more than keen to chip in my dire experiences at the hands of these systematic corporate thugs.

I looked around the website further and came across a touching article from someone who has been discharged, but is experiencing unfounded prejudices in different parts of life. I have not been discharged yet, but am holding my breath for the battles that loom ahead. As I have had to fight BT, t-Mobile, Egg, nPower in some very bitter battles this year, I am expecting more of the same. I have to give full credit to t-mobile for their exceptional efforts to resolve my issues on more than one occasion. I hope to never do business with any of the others again, and should I have sufficient funds in future, will start litigation against two.

As I always like to do some groundwork on any project, I started to follow up one of the comments regarding the AA increasing their quote for Home Contents by £250. A fair sum. This particular bankrupt had ensured his credit files were ‘clean’, so surely, there could be no reason for this?

Logic:

I suggest that a person that has been bankrupted is less of a risk for Contents Insurance than one who has not. Basic reasoning that banks will use in the event of a loan application: There is a likelihood that the BR person has less wealth than the ordinary person. Simple logic.

Research:

Despite my extensive knowledge of the internet and how websites are structured, I could find no corporate ownership details of the AA on their website. I did find (from other sources) that they are now owned by CVC Capital Partners and Permira, both investment vehicles. Their joint venture is a business called Acromas Holdings Ltd.

Reading their businesses ethos, it is hard to see any of these companies being the instigator of such prejudicial attitudes towards bankrupts.

Furthermore, given the right approach, I am sure that this oversight on the part of the AA could be disposed of.

Approach:

1. Write to Andrew Goodsell, Chief Executive, Acromas Holdings, asking if he is aware of this issue, and if it fits with Acromas’ current ethos. Point out the figures in hard business terms, and what the growing negative reputation would do to damage their brands in years to come. On the basis we have around half a million bankrupts, it is probable that around 2 million adults personally know a bankrupt. The 4 upsatnding professionals I told of this farce today have all vowed to move from the AA if they don't budge. 999,996 to go!

2. Assuming that a satisfactory response is not received, approach both CVC and Permira with the same tack.

3. Assuming that again no satisfactory response is received, make a simple diagram of who owns who, adding what their business ‘ethics’ are, and how this particular instance they are all lying and deceiving the general public. Distribute this diagram to all national newspapers, print it and give it to all your relatives and friends. Stick one in your car window!

4. Report them to the Advertising Standards authority as their declared ethos is actually a lie and bordering criminality.

5. Send a copy to your MP. Ask them what they are going to do about it.

6. Contact your local police force, as these businesses are circumnavigating the law in order to recover past debts. Their methods are criminal, not civil offences.

That should be suffice for starters. If enough people target just one organisation and win, others will roll over as soon as you contact them. It seems unfair to pick on just one, but in all honesty, are you, Mr Discharged Bankrupt, being treated fairly?

Who's game? :cool:

Have a belter Christmas, really give that old a good hard kick and bring in a new, positive and just era. I will _party_