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BBC article on what to expect from bankruptcy

http://news.bbc.co.uk/1/hi/business/8570467.stm

For those who like to read and comment on these things. :)
Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
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Comments

  • dojoman
    dojoman Posts: 12,027 Forumite
    Thanks Fermi :D
    :pB&SC No. 298
    Life`s Tragedy is that we get OLD too soon
    and WISE too late!
  • skylight
    skylight Posts: 10,716 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Home Insurance Hacker!
    Mmm. Nicely written with a lot of stuff [STRIKE]deliberately[/STRIKE] not included.
  • Doucam
    Doucam Posts: 1,130 Forumite
    Thanks Fermi!!

    Oh btw, I am having issues with my mouse, and as I went over the spam button it reported it, I have unspammed it now, Sorry!!
  • Doucam
    Doucam Posts: 1,130 Forumite
    So I have read it now, and it only talks about if you are made BR by a creditor, but nothing about making yourself BR.

    I don't think the article helps you know what to expect at all to be honest!!
  • IF
    IF Posts: 34,349 Forumite
    10,000 Posts Combo Breaker
    Have to agree with Skylight! Another chance to give a honest account of bankruptcy gone begging!
    "If wishes were horses, then beggars would ride"
  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    By now, if someone actually wrote an honest and useful article on the BBC about BR I would be shocked. rolleyes.gif
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
  • dollparts
    dollparts Posts: 1,256 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    fermi wrote: »
    By now, if someone actually wrote an honest and useful article on the BBC about BR I would be shocked. rolleyes.gif

    I think it's a fear thing-if the [STRIKE]useless old boys' network[/STRIKE] executives at the BBC were to have their thoroughly undeserved and inflated salaries cut how many of them possibly would be needing to seek advice and support from a board such as this one;)
    There used to be a street named after Chuck Norris, but it was changed because nobody crosses Chuck Norris and lives.
  • dollparts
    dollparts Posts: 1,256 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    The opinions expressed are those of the author and are not held by the BBC unless specifically stated. The material is for general information only and does not constitute investment, tax, legal or other form of advice. You should not rely on this information to make (or refrain from making) any decisions. Always obtain independent, professional advice for your own particular situation.

    It should also be duly noted that the 'opinions' are one dimensional and do not cover self petitioning of BR, and that lastly, The language in which the 'guide' (and I use this term loosely) is written is probably not challenging to any individual over the age of 7 years old.
    There used to be a street named after Chuck Norris, but it was changed because nobody crosses Chuck Norris and lives.
  • debtinfo
    debtinfo Posts: 7,012 Forumite
    i knew i was going to be dissapointed if i read it, but i read it anyway, and i was dissapointed. The person who wrote it obviously has no in depth knowledge of the subject at all
    Hi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
    Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.
  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    debtinfo wrote: »
    i knew i was going to be dissapointed if i read it, but i read it anyway, and i was dissapointed. The person who wrote it obviously has no in depth knowledge of the subject at all

    Which is very scary as:
    By Louise Brittain
    Insolvency partner at Deloitte's
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
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