Reform to bankruptcy removes court process for debtor petitions

[AAD News Feed]

Reform to bankruptcy removes court process

This is a duplicate of the Blog Entry made on 10th October 2012 15:56.

The government has announced that it will simplify entry procedures into bankruptcy by removing the court process as part of several measures...

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[Riz]

Re: Reform to bankruptcy removes court process

Indeed.

Lowells trying it on for £850 here.

lowells bankruptcy pertition

[The Tech Clerk]

Re: Reform to bankruptcy removes court process

All well and good but what they should REALLY be doing is increase the threshold for forced BRs from the utterly ridiculous £750 (how long ago has that been in place?) to something more realistic, like £10k or £15k!

Forcing someone into BR for less than a grand is just bonkers!

It's different for people wishing to declare their own BR.

Was talk of £25,000 but of course once in power they seem to forget their promises.

Would a D.J.not see thru this ridiculous situation if before him and chuck it out, be honest it would never get that far surely, common sence well one wonders in this corrupt system.

[jon1965]

Re: Reform to bankruptcy removes court process

What is just beyond belief is that the guy settled for I assume the full £850. That is just criminal

Indeed.

Lowells trying it on for £850 here.

lowells bankruptcy pertition

[Riz]

Re: Reform to bankruptcy removes court process

I know. He was "done" on the amount.

However, presumably the costs to Lowell more than wiped that out and put them firmly out of pocket?

[Never-In-Doubt]

Re: Reform to bankruptcy removes court process

What a joke!! Almost as bad as the new charging order process.

What next? Self regulation or worse, allow the creditor a free reign?

[PlanB]

Re: Reform to bankruptcy removes court process for debtor petitions

Can you guys stop making me feel nervous

If a debt is in dispute due to "triable issues" in the county court such as a section 78 default then a creditor can't progress from a SD to full-on BR in any other court. As I understand it the debtor should apply for a set aside which ought to be sucessful Then ask a DJ if the money is owed or not

[jon1965]

Re: Reform to bankruptcy removes court process for debtor petitions

Don't worry plan b I do enough of that for all of us. My interpretation is that this guy decided it was a better risk to settle rather than fight. For someone as organised as you you could show beyond doubt that no SD had been received. You also know a good lawyer

[PlanB]

Re: Reform to bankruptcy removes court process for debtor petitions

Don't worry plan b I do enough of that for all of us. My interpretation is that this guy decided it was a better risk to settle rather than fight. For someone as organised as you you could show beyond doubt that no SD had been received. You also know a good lawyer

That's the bit that makes me mad because Lowells prefer to emotionally bully people into submission when they don't always have a legal leg to stand on

They've searched my CRA files several times but they have never bought any of my 23 debts (wise move) because they presume I'm not any easy target (if only they knew).

PlanB joined this site to help stamp out this kind of bullying

[Never-In-Doubt]

Re: Reform to bankruptcy removes court process for debtor petitions

Sadly a lot of people end up at "other" sites.... They feel a name such as CAG "must" be right, right....

Yea whatever

For the record we stay out the limelight. I'm forever being asked to do public/radio guest speaking but I won't as I prefer to be anonymous. I'm not in this for money or fame (ahem at other forum owners)

[PlanB]

Re: Reform to bankruptcy removes court process for debtor petitions

For the record we stay out the limelight.

But at least 1,710 members (at the time of this post) and any other guests reading this will have the benefit of knowing that a debtor can challenge a SD and that BR isn't an automatic right of the creditor thanks to AAD

[Never-In-Doubt]

Re: Reform to bankruptcy removes court process for debtor petitions

Our members level is ideal hence we still have time to offer that personal touch.

I hate sites where the management are too busy to speak to their clients. That'll never happen here. Yea I'm slower at responding but im always around especially when things go bad for users etc.

Anyway I'm not here to measure dicks with other forums, I was trying to point out that having a bigger brand doesn't necessarily (nor automatically) mean you're better than a smaller/newer/more specialised outfit.

I avoid the word competitor cos I dont see us as competition, nor them. I believe we should point people wherever the best source of info is. Simples

[Never-In-Doubt]

Re: Reform to bankruptcy removes court process for debtor petitions

Now back on topic, this stinks. Imagine what (no names) certain DCA's will do to abuse the system? Christ, some are borderline illegal now so god forbid what they'll be like with the new system. Saddens me what Tories are doing....

[jon1965]

Re: Reform to bankruptcy removes court process for debtor petitions

The shite I read on other sites is beyond belief. Two quotes I will give you " If it's not on your CRA file you don't owe it" by bazooka boo
"If they have sold your debt to a DCA it will be unenforceable " and I don't need to tell you which dick said that
MBNA/Arden/Britannica recoveries SARL/Mortlake - court paper received. - Page 12

Sadly a lot of people end up at "other" sites.... They feel a name such as CAG "must" be right, right....

Yea whatever

For the record we stay out the limelight. I'm forever being asked to do public/radio guest speaking but I won't as I prefer to be anonymous. I'm not in this for money or fame (ahem at other forum owners)

Did you know cag have linked up with some motorist group as well, Bankfodder was in overdrive defending it the other day

[Riz]

Re: Reform to bankruptcy removes court process for debtor petitions

Now back on topic, this stinks. Imagine what (no names) certain DCA's will do to abuse the system? Christ, some are borderline illegal now so god forbid what they'll be like with the new system. Saddens me what Tories are doing....

How will a debt collector abuse this?

The changes only apply to cases where a debtor petitions for their own bankruptcy.

Creditor petition cases will be dealt with via the courts in the same way as before, as I read it.