Spectrum personal plan solution

livinginhope

Here,here SS :beer:
Am beginning to wonder if this thread is a wind up
The amount of anger Desmonds has is well above that of a well adjusted human perhaps his best course of action would be an anger management course :rolleyes:
If not a wind up,sorry,I have a very suspicious mind

tomstickland

obviously, some of you on this forum have lost the plot and been brainwashed by the creditors.

It's as if you've lost the will to fight and have just laid down and handed in the towel.

What nerds

Fight for what? The right to not pay back money that you've spent?

Noone has been brainwashed. Most don't like the idea of racking up interest. However, creditors lent the money in the first place and would like it back. Most here see that as being reasonable.
You seem to think that you have the right to avoid paying back anything.

earwig

you do realise that the judge can refuse your bankruptcy if he thinks you are in anyway to blame for it its not a case of im giong bankrupt and theres nothing anyone can do about it
the judge will look at your form and decide if you behaved reasonably with your debt ie did you willing take out more credit than you needed to what sort of things did you spend the money on ect and is this the only thing you can do if the judge thinks an iva would be better for you he can refuse bankrupcty in favor of an iva so dont be so sure you will get it its up to the judge not you
i know this because my oh is bankrupt and on the day of his hearing the judge refused two other peoples bankrupty in favor of iva and to be honest if you go to the judge with the same attuideas you have on her he proberly will refuse it as the courts take bankruptcy seriously and dont like people who look at bankruptcy as away of getting out of paying people what they owe when theres other ways for them to pay and also the courts take bankruptcy so seriously that you can be inprissoned if they think you acted fraudlanty good luck with it all

millsee

I think people are a little to hard on Desmonds. I don't think you need a degree in psychology to realise that he has some fairly extensive problems - the late night posting, the grammatical and spelling errors, and the obvious anger and venom with which he posts - suggests some deep rooted issues that perhaps needs professional help.

Furthermore, his obvious understanding of the financial profiles of many moneylenders is undone by this contradictory statement:

desmonds wrote:

Creditors don't give a toss about you or me. All they are bothered is making loads of money on the backs of people.

They forceably ram adverts throughout the day on TV, loan after loan after loan targetting people who don't need to be in more debt.

They are con merchants, thieves, and vagabonds.

Don't stick up for them they are scum.

Oh, how weak he must have felt when voluntarily signing the loan and credit agreements. How weak and foolish he must feel now having been drawn into the marketing.

DFWs: don't let trolls like this undermine the excellent progress you are making. Your moral decisions to repay the money that is rightly due to your creditors (especially when there are "other" "easier" options available) is highly commendable.

You see, people like desmonds will never realise the benefits of spending less than you earn. You can bet that a few years down the line, he'll be up in the bankruptcy courts again. Perhaps a judge - familiar with the tactics he is suggesting - will not look on the application favourably.

Well done to the lot of you. :beer: from Millsee

BobProperty

desmonds wrote:

....So, I don't feel inferior just probably in the wrong forum....

Groucho_Marx wrote:

I don't want to join a club that will accept me as a member

I can't find the superior beings forum, is it members only?

Emmzi

If you were truly superior you'd know how to find it

System

I'll bite on this one.

You borrowed the money. Did you have any intention of paying it back when you spent it/!!!!!! it up against the wall etc. It's almost akin to theft.

I have debts and no one forced me to sign up for new credit cards etc. Ok so perhaps the banks need to look at their lending criteria a bit, but at the end of the day, you had the choice to borrow the money or not.

Also so some people on here are VERY pro BR route, and for some it is the right decision and hopefully they will have learnt their lesson. People such as yourself however are what give people such a negative view of BR.

I dare say it is only a matter of time till you go bankrupt again and by god I hope they refuse you. YOU borrowed the money WILLINGLY and YOU spent the money, money that was not yours. YOU probabily could clear your debt with a bit of a slog like the rest of us, but YOU insist on taking the easy route, not the morally right route. Its "ohh this is too hard, ill go bankrupt and be sorted inside a year to spend again"

It annoys me and I wish this post would find its way in front of your judge.

desmonds

When you're all finised having a go which I knew my last post would cause you to backfire.

No I don't drink bottled water

Yes I did take part in the fuel protest for you all

Yes it did bring fuel prices back down by forcing pressure on the government to act.

Let's call it a day on this thread and end on kind words.

Let's nor forget why we are all here.

I haven't just gone out and racked up credit thinkingI can go BR.

No, my debts started whey back in the Thatcher years, the years of discontent.

Remember when mortgages were 15% and borrowing money cost 29.9% and upwards.

Well, I left college/university and had taken on some debts and I even can't remember how much I actually owed then , but I have carried debt since leaving school which would be for 26 yrs and still I pay on time and have a clean no default credit file albeit up to the hilt.

I have not taken BR lightly and certainly not doing 'cos I think it's the easier of the options.

I have no alternative but BR which yu say the some DFW on this forum are pro-BR.

Well, if so, then instead of a slanging match why not do something positive and give me advice on my ONLY option.

I do not qualify for an IVA 'cos I am £908 in defict each month to start with after essentials.

I have seen 3 advisers and ALL say tat an IVA would not be accepted its out of the question.

Which leaves me with DMP which I know some of DFW are in but it's a means to an end if after being on a DMP for a while an IVA can then be taken when circumstances allow.

I would not acheive this. I would be on a DMP for ever and because of my level of debt £125K then interest and charges would spiral me faster and deeper in debt.

My only solution is BR and because my equity in my home is virtually nill then I have nothing to give which is the only good position.

If I had loads of equity then I would be up s**t creek but i've not planned it that way it's just how it's happened which leaves me in a good position to go BR.

I wanted an IVA but no one will touch me believe me.

I havent defaulted on anything yet only because I managed to get a 6month payment holiday with mortgage company.

When that kicks back in in August it will strangle me.

I'm not stupid and am trying to make an informed decision andso I am not going into this lightly but BR is a grey area and you hear a lot of misinformed information.

I have spoken to a company that deal in liquidation called Grant Thornton.

They have advised me that BR is my only option and have reassured me on some issues that i'd heard but are untrue.

I have heard that a lot of bankrupts do go BR again but not sure what the % is but let me tell you that I don't intend to be that stupid.

Once going BR i intend to start my life again 26yrs back and start as I mean to go on.

If I can't manage the mortgage then I will have to swallow my pride and sell up and buy smaller.

I have the future planned and hope BR is going to open up a new world without any more debt that I have had for the last 26yrs.

Another late night post!!!!

I only seem to get chance at this time.

Well off to bed and hope tomorrow brings me closer to being debt free even if it means going BR which to some of you seems a cop out but believe me I really have no option.

:beer:

earwig

hi ok you say we are not helping but i will tell you what happened to my oh when he went bankrupt this is what happened
phoned the county court they sent out forms
once froms was filled in phoned county court back they gave me an appioment
you need 460 to go bankrupt which you pay on the day of your hearing
the clark gose through your form when you get to court
once thats done you see a judge
the judge decides wheather or not to allow your bankruptcy please belive me no matter what anyone else says the judge decides no one else
if the judge oks your bankruptcy he will give you a certificate
you will then have a teleplhone call from the offical reciver after then you can go home
durring that call with o/r they will tell you a day when they will phone you back for a full interview it is then you will find out what they will take and what you have to pay if the o/r is happy that the debt was not your own doing then you dont hear again if there not happy they will call again
its not as scarry as poeple think and you are in court for an hour or so
the cccs are very good at dealing with bankruptcy and will give you all the information you need about what is likely to happen in your case hope this helps

Addicted2Chocolate

agree it is the judge who decides whetehr to make the bankruptcy order, noone else.
But the procedure you describe after the bankruptcy and the contact you have with the OR will vary across courts and OR's offices. Sometimes you speak to someone at the OR's office over the telephone from the court, otherwise you may have to attend in person at the OR's office immediately after being declared bankrupt.
And some people wil have no initial interview, some will have a telephone interview and some will have a face to face interview. Depends on the circumstances of the case, such as whether the reasons for insolvency (section 11 of the statement of affairs) are adequate and reasonable, and whether there are any indications of misconduct ( i wont give details of what they are looking for)
Even after the first interview, be it telephone of face to face, the OR reserves the right to make further enquiries of third parties and call a further interview(s)....

earwig wrote:

hi ok you say we are not helping but i will tell you what happened to my oh when he went bankrupt this is what happened
phoned the county court they sent out forms
once froms was filled in phoned county court back they gave me an appioment
you need 460 to go bankrupt which you pay on the day of your hearing
the clark gose through your form when you get to court
once thats done you see a judge
the judge decides wheather or not to allow your bankruptcy please belive me no matter what anyone else says the judge decides no one else
if the judge oks your bankruptcy he will give you a certificate
you will then have a teleplhone call from the offical reciver after then you can go home
durring that call with o/r they will tell you a day when they will phone you back for a full interview it is then you will find out what they will take and what you have to pay if the o/r is happy that the debt was not your own doing then you dont hear again if there not happy they will call again
its not as scarry as poeple think and you are in court for an hour or so
the cccs are very good at dealing with bankruptcy and will give you all the information you need about what is likely to happen in your case hope this helps