Trustee trying to IPA me post-discharge

FrankSpentSir

Really appreciate all your feedback so far.

Anyone have a suggestion regarding the wording I should use in my letter?

Am thinking I should keep it brief, quoting the relevant sections of the Insolvency Act and referring to the Insolvency Service documents that explain the act's wording in layman terms.

Should I invite the trustee's comments, or simply advise that I believe my responsibilities were fulfilled upon my discharge being passed?

Captain_Mainwaring_2

fermi wrote: »

I remember correctly, one of companies or suppliers who owed Max a great deal went BR or into receivership. As is often the case, that means that the people owed (like Max) are backed into a corner.

The rights and wrongs are not not something I'm going to debate because it it is impossible to judge on the individual situation, but I can understand why Max might be a tad p**d off in his position.:rolleyes:

Sorry, don't agree. I ended up in a terrible mess because of a company going broke too - that doesn't mean you just through in the towel.

fermi

Captain_Mainwaring wrote: »

Sorry, don't agree. I ended up in a terrible mess because of a company going broke too - that doesn't mean you just through in the towel.

That doesn't mean you have the faintest right to judge Max or anyone else here. You don't know his personal, business, or emotional situation; or for that matter whether there are any other factors that have brought Max to make his decision.

The character in Dad's Army was keen on foolish sweeping statements..........

Captain_Mainwaring_2

fermi wrote: »

That doesn't mean you have the faintest right to judge Max or anyone else here. You don't know his personal, business, or emotional situation; or for that matter whether there are any other factors that have brought Max to make his decision.

The character in Dad's Army was keen on foolish sweeping statements..........

Firstly "throw in the towel"

Secondly - if you go bankrupt and don't come out stronger and wiser then you are truly a fool.

I'm not saying anyone should be ashamed of being BR, but they shouldn't be proud either. I see an increasing number of people thinking that BR "just wipes the slate clean" - the truth is, it doesn't does it?

Just a few years ago, many of us had huge problems with money, big interest rates and a proper crash , what do you do? sit and mope and feel sorry for yourself? or do something about it?

It's an easy deal now with early discharge and loads of support/advice (this wasn't available first time around) and also the "use it or lose it" legislation.

You can be as defensive as you wish, but remember that people can and do judge you, you name is in the gazette ! my perceived "judgement" is nothing compared to what happens in the future. I've been up to my nuts in it, but feeling sorry for yourself won't help you.

blind-as-a-bat_2

Captain_Mainwaring wrote: »

You can be as defensive as you wish, but remember that people can and do judge you.

And i wonder how others judge you Captain Mainwaring when you post comments like this?

Captain_Mainwaring wrote: »

Let's have em drop like a stone - seems people forgot what happened a few years back, and supposedly we only have a "credit crunch" not a recession.

It's only a progression - once you get your fingers burnt you learn not to be too greedy.

I for one am looking to go to the repo sales and kick the kiddies toys off the lawn.

Why do we have to live such a false life? behind a facade of glister purchased on credit. Watch the mock tudor and Mercs disappear and a bit of humility return.

Enough said i think:rolleyes:

Captain_Mainwaring_2

blind-as-a-bat wrote: »

And i wonder how others judge you Captain Mainwaring when you post comments like this?



Enough said i think:rolleyes:

Hehe.

I learned from my experiences, I'm not ashamed and as above, I'm not proud.

I made sure that I could service my mortgage, I make sure I can pay my credit card bills.

I'd say I learned a great deal from being in debt and whilst a terrible time, it was the best thing that could have happened, it made me grow up and take control of my life and finances.

I live in an area surrounded by false, material people who have bought huge properties based not on need, but greed. Yep, I will kick the toys of the lawn.

And since judgement is the order of the day, I paid every last penny back that I owed. At least I can look in a mirror I know I paid for.

philnicandamy

well life must be wonderful in your world .......meanwhile back in the real world

Captain_Mainwaring_2

philnicandamy wrote: »

well life must be wonderful in your world.......meanwhile back in the real world

I was in your real world in 1993, and I didn't enjoy it, but I did learn by it.
Having been in the REAL world before I do know how it feels. I had the sleepless nights, and for what it was worth, I was given the coup de grace by HMCE (VAT) for such a small amount of money it was silly.
I didn't run up credit card debts - no chance of that with interest rates at 13.7% BoE. I just don't see the point in feeling sorry for yourself - you have to put the wreckage back together and make a new start.

At least now you can think about making a fresh start after 6 months - then was 3 years.

fermi

Captain_Mainwaring wrote: »

You can be as defensive as you wish

Not really being defensive. At least, not on my own behalf.

I'm afraid your first comments came across as being from one of the genuinely ignorant fools who like to use this (and other similar boards) as an arena to tout their own particularly nasty brand of bigotry.

That is obviously not the case.

For some reason, many of these like to hang out on the HPC and GHPC forums.

We do tend to get this quite a lot, so people do tend to be a little "on guard" as a matter of course.

Captain_Mainwaring_2

fermi wrote: »

Not really being defensive. At least, not on my own behalf.

I'm afraid your first comments came across as being from one of the genuinely ignorant fools who like to use this (and other similar boards) as an arena to tout their own particularly nasty brand of bigotry.

That is obviously not the case.

For some reason, many of these like to hang out on the HPC and GHPC forums.

We do tend to get this quite a lot, so people do tend to be a little "on guard" as a matter of course.

Please understand why people do get a bit jealous if you like - we do read posts were people think that going pop is escaping debts, when in fact if there is any property involved this isn't the case.

Please also understand that not being judgemental, just factual, we can see many people who have been outrageous in their spending, believing that BR is an easy option and a slate wiped clean.

We should point out that unless a BR is annulled then discharged or not, the slate is not wiped clean.

I've been there etc and without going into too many details paid up what I owed, but the local OR "forgot" to tell the PRU who appointed an IP and I ended up with £8K's worth of fees - the trustee valued and insured the wrong property amongst many other mistakes -
I ended up with the Adjudicator "ordering" a full refund of fees etc and a year down the line I am still waiting.

Anyone embarking on this journey needs to do so fully aware of what can happen. It isn't an easy ride and should be avoided at all costs.