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Mortgage with bankruptcy on file

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Comments

  • go to the B.R forum..people will not judge you there, these remarks come from ignorance and no knowledge of the B.R process, ignore such remarks

    Well said.
  • moneyistooshorttomention
    moneyistooshorttomention Posts: 17,940 Forumite
    edited 31 December 2016 at 4:18PM
    Not everyone who has been bankrupt is greedy or deceitful. I know of people who were doing really well but then got hit by a crisis - death of a partner or diagnosis of a terminal illness and short of living on the street had no choice.

    That is something one could sympathise with. I can only speak for the two instances I've come across personally - and that wasn't so and a friend of mine is still owed money to this day (ie many years later) by the person concerned.

    Irrelevant anyway - as OP has the money to repay now. It's not an anonymous institution called "the bank" - it's all those individual little people and firms that have put the money into "the bank" in the first place. "The bank" will be making very sure they aren't the ones that lose out because of this. Same as with T*sco - that won't take monies lost from their profits. Instead they will charge shoppers more and/or pay suppliers less. Those ripples on a pond spreading out to affect all those involved...
  • What about the many small shareholders & those who's pension funds have invested in this bank: Are they not "people"?

    Happy New Year everyone!

    I think you're wasting your breath artful - sadly.

    There are none so blind as those that will not see. None so deaf as those that will not hear.:cool::(:mad:
  • I think you're wasting your breath artful - sadly.

    There are none so blind as those that will not see. None so deaf as those that will not hear.:cool::(:mad:

    I think you should read the original question. I don't recall asking for a debate on quite a broad subject. I also don't think people are right to judge without knowing any facts other than I went bankrupt at some point.
  • FBaby
    FBaby Posts: 18,374 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    We now live in a society where debts is the norm and not repaying has no shame. The more people do it, the more normal it become. People want their cake and eat it and society allow them to. I always wonder when the time will come when there will be so many doing it, there will be no-one left to pick up the tab.
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