The Bankruptcy Club & Supporters Club

Mike_St_Helens

severussnape wrote:

hi

as anyone who knows us knows that oh went bankrupt on 7th august this year so can we please have a number.

we would love to help anyone who is going through this as it can be absolute hell all wwe can do is give you the advice we had and let you know of our experiences.

#17... Thank you for your support !!

Mike

Mike_St_Helens

sandralovescats wrote:

Could I join and have a number please?

Sandra

Your #18

Thanks.... Mike x

Mike_St_Helens

Hi Guys....

Thank you all so so so much for your support and help with all this. It is hell making this decision and we know we are all here for each other . THANK YOU !!!

Here is a list of our supporters and # numbers, If you need or I havent given one, let me kknow and ill oblige.

Mike XXXXX

Name BCSC #
Me * 1
Richard s * 2
etlan * 3
Anniestar * 4
earwig * 5
minniespender * 6
Rog2 * 7
bluezone * 8
Biffa * 9
Goldielocks * 10
james & Shell * 11
davethe cue * 12
sarahskint * 13
sueshells * 14
don5 * 15
grannyknits * 16
severussnape * 17
sandralovescats 18

davethecue

Hi
Thanks for my number. I will help with any advice I can. I recently went br 11.10.06
Good luck to all

Mike_St_Helens

Thanks Dave.

How did it go for you. Im filing now on the 06/11/06.. We are filing for partnership Bankruptcy cause of the business... Its hard but we know its the right thin to do...

MIke

davethecue

Hi
Good luck for the 6th.
The hardest part is accepting that br is the correct thing to do. Once you've come to terms with guilt/failure/pride/anger the rest of it becomes a pretty positive experience as you actually realise that you are back in control and are not being controlled. After ages of reacting to circumstances all of a sudden you can be proactive
I don't understand too much about br as a buisness option but I imagine it carries the same emotions
Good luck

Mike_St_Helens

davethecue wrote:

Hi
Good luck for the 6th.
The hardest part is accepting that br is the correct thing to do. Once you've come to terms with guilt/failure/pride/anger the rest of it becomes a pretty positive experience as you actually realise that you are back in control and are not being controlled. After ages of reacting to circumstances all of a sudden you can be proactive
I don't understand too much about br as a buisness option but I imagine it carries the same emotions
Good luck

Cool. Glad you seen the lights at the end of the tunnell......

Wont be long for me.

Mike

sandralovescats

For me the decision to go bankrupt was the most difficult decision I ever had to make in my 43 years.

I became less and less able to work due to a health problem, I couldn't meet my repayments. Then I lost a part-time job I was relying on to keep me going for the next 20 years. I am in dispute with my employer over that and it is going to employment tribunal.

I had applied for an IVA then, 6 weeks down the line, I had the debt management company on the phone telling me that there was no way I could make the repayments. He said that since I had no assets, no mortgage, etc, I had nothing to lose and everything to gain by going voluntarily bankrupt. After I cried all night and I got my thinking head on, I decided that he was right. I either sat there and waited for one of my creditors to make me bankrupt or I take control and do it myself. I chose the latter. The next difficult part was phoning the Court to make the appointment. The Clerk on the phone was fantastic and friendly and went through the details. I had already found the SoA form on the official government site.

It became a great relief once I had the appointment.

My GP decided that the time had arrived for me to quit work altogether and to go on Incapacity Benefit. I just got DLA last week. I have ordered a car through motability, which is automatic, so I won't get it until Christmas.

I see the tax inspector next Tuesday, because I am registered as self-employed.

I had opened a Co-Op Cashminder account when doing the IVa. I phoned them this morning and told them I was now having to go voluntarily bankrupt on 20/11 and they were fine about it, no problem there.

Now all I have to worry about it is how much money they will want from me for the next 3 years!

I can - finally - see the light at the end of the tunnel.

Best Wishes to everyone who has to go through this.

bizzylizzy

Mike_St_Helens wrote:

As long as you dont have debts with the bank that you...well bank with... then you should canx all DD's and save all the money you have,.... youll need it for after B day.

The bank wont bat an eyelid at you canx all your DD's... Do you have online banking... if so canx all online.

Sorry I wasn't very clear before. I do have a large OD with present bank and creditors DDs are coming from there. (I am opening a new basic accout but it's not set up yet.) Creditors DDs are due out on 1st, should I just stop them going now? I don't have online banking.

sandralovescats

Yes! Stop the DD's now! What is the point of paying them?