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Bankruptcy

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    #21
    Originally posted by psychocandy View Post
    OK. Fair enough. BP I apologise. Of course, I dont know your situation.

    I do have a thing about people taking the easy way out with things like bankrupcy (my own brother tried it) but in your case I apologise unreservedly for being unfair to you.
    How about taking the easy way out by claiming JSA?
    The material prosperity of a nation is not an abiding possession; the deeds of its people are.

    George Frederic Watts

    http://en.wikipedia.org/wiki/Postman's_Park

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      #22
      Originally posted by captainham View Post
      And also pretty damned rich coming from somebody not averse to claiming JSA when in between contracts (yes I get that it's legal/above boardallowed/blah blah but it doesn't sit right with me for a presumably well-renumerated contractor to claim something that is intended for people with genuine hardships, just cos you're waiting to land your next contract).
      Personal opinion of yours. No-one forcing you.

      Its not for people with hardship its for people out of work and seeking a job which is why, its not means-tested.

      Some of you lot need to visit some of the less salubrious regions in the uk and smell the coffee. There are literally thousands and thousands of people who claim benefits and who have never worked, and never intend to. Fraudulently claiming benefits is their life.

      Yet because I do something perfectly legally its not right.

      Also, as someone pointed out once, dont we all use the tax laws to our advantage where we can? How many of you structure your tax affairs in such a way so that you pay more tax because you deem it fair? Not many I guess.
      Last edited by psychocandy; 6 May 2014, 15:27.
      Rhyddid i lofnod psychocandy!!!!

      Comment


        #23
        I know a couple of people who struggled through business failures and said that with hindsight, they should have just gone bankrupt. It must be sickening to have to work to repay money that could have just been written off.

        Don't have a lot of sympathy for BN66ers though.
        Will work inside IR35. Or for food.

        Comment


          #24
          Originally posted by speling bee View Post
          How about taking the easy way out by claiming JSA?
          LEGAL claim to JSA you mean?

          As opposed to my brother who spent all his tax money on beer, ignored the letters for years, knew he had to pay up, kept spending on beer, then tried to get out of paying the lot by claiming bankrupcy.

          (Fortunately, he didnt manage it and he is now paying HMRC back. Hes got off with £1000s so far though which they've knocked off. Doesn't stop him moaning about how hard done by he is and how they are picking on him).
          Rhyddid i lofnod psychocandy!!!!

          Comment


            #25
            Originally posted by psychocandy View Post
            LEGAL claim to JSA you mean?

            As opposed to my brother who spent all his tax money on beer, ignored the letters for years, knew he had to pay up, kept spending on beer, then tried to get out of paying the lot by claiming bankrupcy.

            (Fortunately, he didnt manage it and he is now paying HMRC back. Hes got off with £1000s so far though which they've knocked off. Doesn't stop him moaning about how hard done by he is and how they are picking on him).
            Now, now. There really is no need to be so defensive.
            The material prosperity of a nation is not an abiding possession; the deeds of its people are.

            George Frederic Watts

            http://en.wikipedia.org/wiki/Postman's_Park

            Comment


              #26
              EXCUSE ME - whose thread is this??

              Go off and quibble somewhere else you 2...
              "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
              - Voltaire/Benjamin Franklin/Anne Frank...

              Comment


                #27
                Originally posted by VectraMan View Post
                I know a couple of people who struggled through business failures and said that with hindsight, they should have just gone bankrupt. It must be sickening to have to work to repay money that could have just been written off.

                Don't have a lot of sympathy for BN66ers though.
                Totally this, the relief on people i know who have gone through the process due to business failure has assured me that this is the way to go if i had no assets.
                Make Mercia Great Again!

                Comment


                  #28
                  The new pension rules have caused speculation that pensions may not be exempt from bankruptcy proceedings as they used to be, so be cautious when assuming they are protected...

                  Budget 2014 & changes to pension rules implication for Trustees in Bankruptcy | WHITEMAUND LLP | business recovery and insolvency specialists | 01273 731144
                  ContractorUK Best Forum Adviser 2013

                  Comment


                    #29
                    Originally posted by Clare@InTouch View Post
                    The new pension rules have caused speculation that pensions may not be exempt from bankruptcy proceedings as they used to be, so be cautious when assuming they are protected...

                    Budget 2014 & changes to pension rules implication for Trustees in Bankruptcy | WHITEMAUND LLP | business recovery and insolvency specialists | 01273 731144
                    Quickly reading that it seems to say go now rather than waiting for next year.....
                    merely at clientco for the entertainment

                    Comment


                      #30
                      Sorry to hear it BP. Wrongly ciicked like on your post, it seems to be a clicking wrong buttons morning.
                      bloggoth

                      If everything isn't black and white, I say, 'Why the hell not?'
                      John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson)

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