Does anyone regret going BR?

out_of_cash

totaly agree with wxmlad

FACEDUPTOITATLAST

out_of_cash wrote: »

hi
FACEDUPTOITATLAST

did you own your own house and if so was there loads of equity in it?

if not they were just being bloody minded:mad: and i really sympathise with you about having to sell and pay all the equity to the credit card companies i was sick to my back teeth of using my lifes savings every few yrs a job came to an end to pay those creds their days are over,no more interest on interst on interst for them

least not from me:p

good luck to you

out of cash

Hi Outofcash,

Thanks, nope, didnt own my own house, I wsa prepared to enter into a DMP to pay the debt off in full, but they refused and they haven't got a penny from me, as no IPA in place!! Serves them right!!

headoutofsand

out_of_cash wrote: »

hi all,

only my opinion but i do think rupert bear is from another galaxy.



Banks lent way 2 much,they were extra greedy adding huge charges onto peoples accounts,not willing to negotiate fairly"ie" i am unemployed sorry sir we can help you we will shove your interest rate up from 4.9% to 34.9% i had 3 accounts with a major bank and they all done this to me in one way or another,it comes down to peoples circumstances can and do change .All the banks need to wake up smell the coffee and start earning their living when they underwrite loans because they are all to late and i for one wouldnt cry a single tear for any they are now getting a good kicking rightfully deserved.


only thing i regret is i didnt do it 5 yrs back, its 8mths into my br and still kind of toys with my mind have the extra stress of splitting with my partner of 16yrs and the sale of the house yet to come.I will really miss where i live,its just a 3 bed end of teraced house shared ownership obviously bought to live in and not a get rich quick scheme,just a home.Will walkaway with a bundle full of great memories and much sadness.

There is a cost in bankruptcy and i dont mean to the creditors its the emotional fallout that sometimes can come with this

Regards to all

out of cash.

Well said Out of cash. Houses should be bought as houses to live in not as a get rich quick scheme. Any fool knows that a countries economy cannot be run on house prices, yet the same fools keep harping on about the housing market recovery, while the manufacturing base ( what little there is ) gets shoved to the bottom of the pile. A country has to be able to make and sell stuff.

Making piles of cash out of property is hardly the stuff of entrepreneurial genius and takes little or no imagination to achieve. It is no wonder then, that we now find ourselves being being out gunned by Europe, who sensibly did not follow in the great British disaster of home ownership at any cost.

movingforward2010

anyway when you go BR you get a special certificate and your famous with your name in the paper:p

philnicandamy

And dont forget.....the sack cloth & cow bell as well!

movingforward2010

.......and then you have to stand outside the court naked with only your letter from the Bankruptcy Protection Fund* to cover your bits whilst passers by throw rotting fruit and veg at you:p















*:spam:

MicheH

laughing my wobbly as* off!

out_of_cash

hi faceduptoitatlast,

many thanks,yeah serves em right like we feel so guilty these people who are preaching the moral high ground have probably zero experience of life in the so called real world, who wants to borrow 10k and give em bak 50 k:eek: and them some more."only for the truly insane" which we have all been at times but this dosent mean we have to have bankers mentality and carry on doing a real crappy job of it:rotfl:

just on me way to bar will be feeling really guilty for all the high street banks and a certain usa one:beer::beer::beer::beer: i dont think so

FACEDUPTOITATLAST wrote: »

Hi Outofcash,

Thanks, nope, didnt own my own house, I wsa prepared to enter into a DMP to pay the debt off in full, but they refused and they haven't got a penny from me, as no IPA in place!! Serves them right!!

movingforward2010

FACEDUPTOITATLAST wrote: »

Hi Outofcash,

Thanks, nope, didnt own my own house, I wsa prepared to enter into a DMP to pay the debt off in full, but they refused and they haven't got a penny from me, as no IPA in place!! Serves them right!!

i now it sounds bad but after all the hell these companies give you theres something satisfying about sticking 2 fingers up at them :wave:

philnicandamy

wxmlad wrote: »

.......and then you have to stand outside the court naked with only your letter from the Bankruptcy Protection Fund* to cover your bits whilst passers by throw rotting fruit and veg at you:p
















*:spam:

Oh you've seen me outside the Liver Building on weekdays then??

although.......I didnt get the letter to cover things that day.....maybe they were trying to tell me something?