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Stupidity beyond belief re: tax from family member

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    #31
    Originally posted by KentPhilip View Post
    What's to stop the brother from just refusing to pay the outstanding tax?
    Bankruptcy.
    Always forgive your enemies; nothing annoys them so much.

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      #32
      Originally posted by KentPhilip View Post
      What's to stop the brother from just refusing to pay the outstanding tax?
      They'll threaten bankruptcy.

      If he's smart, he'll borrow another £700 and declare himself bankrupt, thereby getting rid of all debt to HMRC plus credit cards and anything else. Not a great idea is he owns his house (in this case, do the research). And he shouldn't get his car MOT'd as they'll seize it so the less it's worth the better.

      Losing his job provides the perfect reason to go tits up.

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        #33
        Originally posted by vetran View Post
        Bankruptcy.
        That was one of his bright ideas...
        Rhyddid i lofnod psychocandy!!!!

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          #34
          Originally posted by psychocandy View Post
          That was one of his bright ideas...
          Why didn't he choose that option?

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