Should I go bankrupt?

[jon1965]

Re: Should I go bankrupt?

No change there....


Yea you get to clean the Bankruptcy Arms....

So kind of you

[BBoo]

Re: Should I go bankrupt?

If they start being really really horrible, I'm sure you must have a friend who can officially muzzle them!

[jon1965]

Re: Should I go bankrupt?

Either that or I can buy a gun and go visit them.....in for a penny

[jon1965]

Re: Should I go bankrupt?

Morning boys and girls
Need a bit of opinion

I have several forms for BR fees all hat need some form of money adviser signature.
I did have an appointment on 17th July with CAB where I was going to present a fait accompli . That has now been postponed until 1st August.

I have also been in touch with DAWN who seem to take referrals from CAB and who get paid by legal aid. I could get all the forms filled out and sent to them, my reservation is I think they are a for profit organisation and they have been quite proactive in following me up as a lead.

My third option is to scrape together every last penny I have or go to the social fund (DWP) to try and borrow some r all of the money and get it all over and done with asap.

Some opinions and maybe some pros and cons would be very helpful. At the moment I am leaning towards just getting it done as I really am finding the pressure quite heavy .

My final variation is doing something Niddy suggested in that I write to all my credittors saying that I am awaiting funding for BR and the OR will be in touch as and when it happens.

Thanks all
Jon

[SXGuy]

Re: Should I go bankrupt?

I guess whatever you decide to do, theres no harm notifying the creditors of your impending BR. It might make life easier for a little while at least.

Most creditors give up when they hear BR, but i dont know if thats the case when you imply its coming, usually once its done.

But its worth a shot, if it works, great

[PlanB]

Re: Should I go bankrupt?

If Dawn is funded by Legal Aid she may not charge. Ask her straight up if there's a fee involved.

I guess the sooner you go BR the sooner your 12 months will be up and you could be discharged. Might as well get on with it

Why not write to your creditors and tell them you 'intend' to file for BR next week unless anyone else here thinks that's a bad idea

[philnicandamy]

Re: Should I go bankrupt?

from past experiance I did a similar thing....a couple of creditors backed off although most increased the hassle once they knew

[philnicandamy]

Re: Should I go bankrupt?

and once you are finally bankrupt I wouldnt waste the time effort or energy telling creditors about it

the official receiver has up to 8wks to inform ALL creditors so leave it to them..meanwhile if a creditor does ring & try it on just tell them your now bankrupt and contact the receivers office dealing with your case!

[jon1965]

Re: Should I go bankrupt?

Thank you all.
PlanB DAWN is the name of the company , I think I will call them again today and just talk it through with them, then get the forms filled in and sent off . I will also call charis to see if anything has become of my british Gas application

Now that's me being proactive and getting things moving.

[philnicandamy]

Re: Should I go bankrupt?

I like proactive!

stop stressing and it'll all be sorted

[jon1965]

Re: Should I go bankrupt?

Well Charis have my BG application with a 6 week ish turn around so that is good. Off to fill in forms now oh joy

[PlanB]

Re: Should I go bankrupt?

Here's another one you could call which manages grant applications for a number of energy companies up and down the country:

http://www.charisgrants.com/clients.html

What a lot of people don't know is that there is money available to pay BR fees.

Oh joy indeed

Would that be the same Charis I told you about earlier

[jon1965]

Re: Should I go bankrupt?

Oh joy indeed

Would that be the same Charis I told you about earlier

Yes it would indeed. I will rename your clever clogs ..oops can't as we have on. How does smarty pants grab you?

[philnicandamy]

Re: Should I go bankrupt?

superb news jon....forms are pretty straightforward but if you need a hand shout

[jon1965]

Re: Should I go bankrupt?

Thanks Phil

I have two more that I just can't face today.
I think a lot will depend on what happens on 16th, if I get a quick date to go back I will have to cough up the cash, if it's several months away then I can wait.
Just a bugger waiting, nice to get something done though and believe it or not i am relaxing about the debts, I just like to have the last word..although ultimately i will have the last word