woof woof ! wrote:JBG wrote:peewee wrote:lando, judge and woof woof
Its funny because its probably true.
That Judge would happily engage in a sex sandwich with a dog.
The Real World - The Dog and Gorilla
by woof woof ! » Thu Oct 12, 2006 6:51 pm
JBG wrote:woof woof ! wrote:JBG wrote:peewee wrote:lando, judge and woof woof
That Judge would happily engage in a sex sandwich with a dog.
It was your use of the word probably that threw me .
ps ANT GORNALL
Last edited by woof woof ! on Thu Oct 12, 2006 6:55 pm, edited 1 time in total.
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by 112-1077774096 » Mon Oct 16, 2006 1:47 pm
since its so quiet in the D&G lets all have a laugh at kevin muscat playing in australia
kevin muscat
kevin muscat
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by Rafa D » Mon Oct 16, 2006 9:36 pm
Does anyone know anything about declaring yourself bankrupt?
My mate who lives with me has no assets etc and owes around £28,000. He is thinking of it. Any feedback?
Also there is no way they can pin anything on me can they because he rents a room off me in my house?
My mate who lives with me has no assets etc and owes around £28,000. He is thinking of it. Any feedback?
Also there is no way they can pin anything on me can they because he rents a room off me in my house?
Sammy Lee wears Liverpool undies
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by Woollyback » Mon Oct 16, 2006 10:42 pm
Rafa-Dodd wrote:Does anyone know anything about declaring yourself bankrupt?
My mate who lives with me has no assets etc and owes around £28,000. He is thinking of it. Any feedback?
Also there is no way they can pin anything on me can they because he rents a room off me in my house?
going bankrupt is the absolute last resort for someone who is absolutely screwed and has absolutely no other option. lots of people nowadays see it (mistakenly) as the "easy way out" and think it's just a case of all their debts get wiped out and they start from scratch albeit with a bad credit score. in reality it's nowhere near that simple and certainly nowhere near that painless (bankrupt people can end up still paying their creditors for years and have an almighty struggle getting a mortgage/loan/bank account/mobile phone etc in the future)
as for comeback on you it's simple - there isn't any, unless you've ever had anything in joint names with him like utility bills/council tax/tv rental etc. credit searches only link individuals when there is a "financial association" between them ie. joint stuff. if in doubt go to experian.co.uk and get yourself a credit report for a couple of quid to make sure there's no financial associations being made
dontcha just love the real world? bananas, brown sauce, gorillas and debt counselling, all rolled up into one big sweaty mess
b*ll*c*ks and s*i*e
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by Rafa D » Mon Oct 16, 2006 10:45 pm
Nothing I can think of Woolyback.
He is 23 and owes £28,000 though mate so it is an easy way out. I own my house outright and all the bills come through me. I have no morgage so want to make sure.
He is no relation to me but lives in my house.
He is 23 and owes £28,000 though mate so it is an easy way out. I own my house outright and all the bills come through me. I have no morgage so want to make sure.
He is no relation to me but lives in my house.
Sammy Lee wears Liverpool undies
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Rafa D - >> LFC Elite Member <<
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by Woollyback » Mon Oct 16, 2006 10:46 pm
adamnbarrett wrote:hey Roberts' account has been deleted
the demon drink
b*ll*c*ks and s*i*e
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by account deleted by request » Tue Oct 17, 2006 1:54 am
adamnbarrett wrote:*cough cough*
Come on Adam spill the beans mate!
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by account deleted by request » Tue Oct 17, 2006 2:01 am
A few things he should know before going Bankrupt
Bankruptcy: The Pros
Removes the uncertainty and stress caused by dealing with numerous creditors.
Once an order is made, a third party takes over the administration, decision making and payment process of the debts.
Debtors typically pay less with a bankruptcy order than with an IVA.
Creditors forced to recognise that they must accept less money than is owed.
Certainty that creditors cannot change their minds and that once in place creditors seldom take little interest in the debt.
Once discharged, most debts are written off and creditors cannot pursue them. Some debts, such as Student Loans Company debts, are not included in bankruptcy. For those debts the bankrupt will continue to owe them even once they have completed their period of bankruptcy and have been discharged.
Bankruptcy: The Cons
The debtor will lose any realisable assets of value. Though they may not be sold until immediately and, perhaps, not even until after the bankrupt has been discharged.
If the debtor owns equity in a home, this will almost certainly be sold.
If a business is owned, this could be sold and any employees dismissed.
Should the debtor live in rented accommodation and have rent arrears, this could put the home at risk if the landlord considers those arrears are unlikely to be paid. In this case he could commence possession action. Also, some tenancy agreements contain a clause stating that an undischarged bankrupt cannot be a tenant.
Bank current accounts can be difficult to obtain, though there are some very basic accounts offered by a limited number of banks and building societies.
Can ultimately be expensive. All fees for the insolvency service, courts and any trustee are taken out of the debtor's assets. There is a 15% levy on all sums received by the Official Receiver/trustee.
If trying to obtain credit of more than £500 (including ordering goods and then not paying for them on delivery) the debtor must disclose his status as an undischarged bankrupt.
The debtor must allow all his financial affairs to be scrutinised, and can face crinimal charges if irregularities are found.
Cannot hold certain public offices, such as MP, councillor or magistrate, or practice certain professions, such as solicitor and accountant. May not hold office as a trustee of a charity or a pension fund. Nor can a bankrupt be a company director or trade under any other name than the one used ay the time of bankruptcy.
Names of those made bankrupt are published in the London Gazette and the local press and can be viewed online at the Insolvency Service website, making them accessible to anyone in the world.
The trustee must be informed of any changes in circumstances during the bankruptcy. Once discharged from bankruptcy, the debtor's assets may still be adminsitered by the trustee/Official Receiver.
Certain debts cannot be written off: fines, maintenance/child support payments, other family court orders, debts to secured creditors, debts from personal injury claims, debts incurred through fraud, debt arising from certain other orders of the criminal court.
Bankruptcy does not affect the rights of secured creditors. Where there are joint debts, creditors can still pursue the non-bankrupt debtor.
Bankrupts found to be blameworthy, culpable or dishonest can be made subject to a Bankruptcy Restrictions Order which can impose the same bankruptcy restrictions, plus some additional ones, for anywhere from 2 to 15 years.
Only thing you should watch out for Rafa is YOUR credit rating. Some firms put it against the address not the name of the person.
Link to site
Bankruptcy: The Pros
Removes the uncertainty and stress caused by dealing with numerous creditors.
Once an order is made, a third party takes over the administration, decision making and payment process of the debts.
Debtors typically pay less with a bankruptcy order than with an IVA.
Creditors forced to recognise that they must accept less money than is owed.
Certainty that creditors cannot change their minds and that once in place creditors seldom take little interest in the debt.
Once discharged, most debts are written off and creditors cannot pursue them. Some debts, such as Student Loans Company debts, are not included in bankruptcy. For those debts the bankrupt will continue to owe them even once they have completed their period of bankruptcy and have been discharged.
Bankruptcy: The Cons
The debtor will lose any realisable assets of value. Though they may not be sold until immediately and, perhaps, not even until after the bankrupt has been discharged.
If the debtor owns equity in a home, this will almost certainly be sold.
If a business is owned, this could be sold and any employees dismissed.
Should the debtor live in rented accommodation and have rent arrears, this could put the home at risk if the landlord considers those arrears are unlikely to be paid. In this case he could commence possession action. Also, some tenancy agreements contain a clause stating that an undischarged bankrupt cannot be a tenant.
Bank current accounts can be difficult to obtain, though there are some very basic accounts offered by a limited number of banks and building societies.
Can ultimately be expensive. All fees for the insolvency service, courts and any trustee are taken out of the debtor's assets. There is a 15% levy on all sums received by the Official Receiver/trustee.
If trying to obtain credit of more than £500 (including ordering goods and then not paying for them on delivery) the debtor must disclose his status as an undischarged bankrupt.
The debtor must allow all his financial affairs to be scrutinised, and can face crinimal charges if irregularities are found.
Cannot hold certain public offices, such as MP, councillor or magistrate, or practice certain professions, such as solicitor and accountant. May not hold office as a trustee of a charity or a pension fund. Nor can a bankrupt be a company director or trade under any other name than the one used ay the time of bankruptcy.
Names of those made bankrupt are published in the London Gazette and the local press and can be viewed online at the Insolvency Service website, making them accessible to anyone in the world.
The trustee must be informed of any changes in circumstances during the bankruptcy. Once discharged from bankruptcy, the debtor's assets may still be adminsitered by the trustee/Official Receiver.
Certain debts cannot be written off: fines, maintenance/child support payments, other family court orders, debts to secured creditors, debts from personal injury claims, debts incurred through fraud, debt arising from certain other orders of the criminal court.
Bankruptcy does not affect the rights of secured creditors. Where there are joint debts, creditors can still pursue the non-bankrupt debtor.
Bankrupts found to be blameworthy, culpable or dishonest can be made subject to a Bankruptcy Restrictions Order which can impose the same bankruptcy restrictions, plus some additional ones, for anywhere from 2 to 15 years.
Only thing you should watch out for Rafa is YOUR credit rating. Some firms put it against the address not the name of the person.
Link to site
Last edited by account deleted by request on Tue Oct 17, 2006 2:04 am, edited 1 time in total.
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