Can anyone give me a bit of help?

rog2

Richard_S wrote: »

http://bankruptcysupportersclub.co.uk/default.aspx

Sorry Rich - you missed out the 'www' it should be:

http://www.bankruptcysupportersclub.co.uk

Unless, of course you did it deliberately to get another plug - only joking. :rotfl: :rotfl:

fermi

In fact both:

http://bankruptcysupportersclub.co.uk/default.aspx

and

http://www.bankruptcysupportersclub.co.uk/

work ok.:D Both resolve to the same IP.

Richard_S

Thanks Rog; thanks fermi,

I need a bit of watching now I've got my discharge.:rotfl: :rotfl: :beer:

tigerfeet2006

fermi wrote: »

In fact both:

http://bankruptcysupportersclub.co.uk/default.aspx

and

http://www.bankruptcysupportersclub.co.uk/

work ok.:D Both resolve to the same IP.

:rotfl: Fermi and in goes another plug!!!

Whoops!

scaredwitless32

Just wanted to say 'hello', and welcome you to the forum.
Sounds like you are having an extremely worrying time at the moment. Debt is a terrible thing, and I can only imagine how you must be feeling. Like someone has already said, 'whats done is done' concentrate or taking as much control as you can of your future. I think you are brave in posting your situation, and I wish you the best of luck !
I will leave all the good advice to the more knowledgeable members.
Keep posting, you will be amazed what a relief it is just to talk about your problems.

best wishes

madoldbat

LJW
welcome to the site,you will find help and support here.You should not find judgment.You will as Rich and the others have said need a place to let of steam and ask questions .The link shown on other posts is a good one too.
Keep posting we will all help as best we can.Meanwhile big hugs for all of you.

debt_doctor

Hi, just a thought but are you 'ok' about losing the house or would you like to keep it ? Its worth pointing out to your previous employer that if your assetts from the house are £11,500 then the insolvency service will take virtually all that leaving your employer with nothing and the bill for going through with the ststutory demand ( £590 + solicitors costs )
Remember the original demand costs them virtually nothing to issue, it costs if they go through with it

Best wishes

mightymouse

Hi

Mention to your Ex Employer that you have also £40k to further reduce his bit when the equity is distributed.

There is not enough Equity after costs for the OR to want to seek possession of the property to realise the beneficial interest and I doubt the Ex Employer will go further unless he is vindictive.

http://www.insolvencyhelpline.co.uk/legal_issues_explained/statutory_demand.htm

Richard_S

debt_doctor wrote: »

Hi, just a thought but are you 'ok' about losing the house or would you like to keep it ? Its worth pointing out to your previous employer that if your assetts from the house are £11,500 then the insolvency service will take virtually all that leaving your employer with nothing and the bill for going through with the ststutory demand ( £590 + solicitors costs )
Remember the original demand costs them virtually nothing to issue, it costs if they go through with it

Best wishes

Hi debt doctor,

Why would the fromer employer get nothing?

I realise the O.R's fees are deducted before anything is paid to creditors, but those fees are not going to be £11.5k; are they

debt_doctor

Hi Richard, yes thats a typical insolvency service cost that I see in the office in our region where the IS have disposed of a property including estate agents fee's. Usually of course there are no where near the funds available to cover these costs but if there are the IS pay themselves first.

About 6 months ago I had a client who did nt pay his council tax, had the huff because it had gone up significantly since the last year. The debt ( and this was the ONLY debt he had) was for £900. ( plus the current year )

He took no advice and ignored the councils statutory demand. The insolvency service fees on that occassion were £13000. It was very sad, as it was too late and there was nothing I could do.