Bankruptcy....WHY NOT??!

rog2

earwig wrote: »

to them we are the scum of the world who took out debt had no intension of paying it back and went bust like it the easy thing to do where in fact most of us had ever intension of paying our debt back but we just couldnt do it through no fault of our own and thats what makes me mad

Earwig - there will ALWAYS be a minority of people who are going to criticise others for not taking the same route as themselves. Within that minority there will, equally, be those who will criticise the actions of others for no other reason than to stir up emotions and create division.
These people are best ignored - the overwhelming majority of posters, on these forums, appreciate that not all choices are available to everybody.

The_Madmouse

rog2 wrote: »

Earwig - there will ALWAYS be a minority of people who are going to criticise others for not taking the same route as themselves. Within that minority there will, equally, be those who will criticise the actions of others for no other reason than to stir up emotions and create division.
These people are best ignored - the overwhelming majority of posters, on these forums, appreciate that not all choices are available to everybody.

I agree with what your saying but it's easier said than done trying to ignore the trouble makers, especially when they start posting on the BR forum with the sole intention to upset & annoy people...there are some upset/scared vunerable people across these boads some of who are vunerable as it is without being told how disgusting they are for choosing BR

rog2

The_Madmouse wrote: »

I agree with what your saying but it's easier said than done trying to ignore the trouble makers, especially when they start posting on the BR forum with the sole intention to upset & annoy people...some of who are vunerable as it is without being told how disgusting they are for choosing BR

I don't disagree mm, I certainly seem to attract my fair share of 'T Roll's, whether on DFW or Bankrupty Boards, and there are equally vulnerable people on BOTH boards.

[Deleted User]

Well done, everyone thats in a similar situation so should bankrupt, theres no shame in it. Lessons learnt hopefully youll be able to run a better ship next time

spud30

I actually feel to take the bankruptcy route takes more 'courage' for want of a better word than to go with a DMP.

The whole court process would scare the pants off me to be honest, so fair play to those who have had to go through it.

Bankruptcy isnt for me - kids, equity etc but I appreciate it can be an option for some.

Live and let live I say. Whats right for one person will be wrong for someone else.

It would be a boring old world if we all made the same choices in life wouldnt it.

earwig

Yant1 wrote: »

Well done, everyone thats in a similar situation so should bankrupt, theres no shame in it. Lessons learnt hopefully youll be able to run a better ship next time

IT NOTHING TO DO WITH RUNNING A BETTER SHIP

i know our bankrupcty was not our fault we didnt ask dh work to cut his wages by a hundred pound per with only a week notice that they were going to do that i didnt ask my erderly empolyer to die lossing us another 120 per week and this happened with in two weeks of each other so tell me how i could of run our ship any better like i have said before we could of paid our creditors or feed and house the kids we simply couldnt of done both

Snaggles

rog2 wrote: »

I certainly seem to attract my fair share of 'T Roll's

:rotfl: :rotfl: :rotfl: :rotfl: :rotfl:

[Deleted User]

earwig wrote: »

IT NOTHING TO DO WITH RUNNING A BETTER SHIP

ok then dont run the ship if you dont want to, calm down

earwig

Yant1 wrote: »

ok then dont run the ship if you dont want to, calm down

i am quite calm it just these kind of coments that constantly get thrown at us along with ive spent it so ill pay it back or i have to much self respect togo bankrupct it just anoying as none of the above have anything to do with having to go bankrupct anyway i shall keep my thought to my self for a little while as i have allready said we just have to agree to disagree when it comes to these kind of threads :beer:

Dithering_Dad

Oh no, not another DFW v Bankcrupts punch up! They're always so one sided - the bankcrupts always win because they've got nothing to lose

I normally stay well away from these, but as someone who is now debt free and completely impartial I'm going to jump in with my usual ill-conceived ramblings that usually only inflame matters .

I'd say that it's up to the individual to decide what's the right strategy for them. They're the ones who will have to live with their decision and it's really no one's business but their own.

As far as the OP's concerned, going bankcrupt was worked really well and sometimes when you have a solution that has worked for you, it's really hard to see that the same strategy doesn't necessarily work for everybody.

I have to say though that if I lost everything in a house fire (or house collapse) and had 100k in debt and it wasn't my fault, then I'd find it difficult to feel morally obliged to pay it all back over the course of several decades. In this case, I'm with the OP - I really don't understand why anyone would choose so long a term of financial misery.

*DD now walks, well, runs from the battlefield in a staggering display of cowardice*