Wreckless idea, what are the consequences?

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_V_ replied

12 December 2008, 08:31
Originally posted by chris79 View Post

Right, for one reason or another I've got about £100k worth of credit available on creditcards at hand..

If I got all the money out, took it to a casino and stuck it all on black and lost, what is the worst that could happen if the money isn't secured on my property?

The loan/credit card companies can convert an unsecured loan into a secured one.

http://www.housingrepossessions.co.u...ng-orders.html

In other words, you will be forked over.

Only worth doing if you can get together a large sum of money and then piss off to another country and then change your name and hide your old identity.
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Purple Dalek replied

12 December 2008, 08:31
Originally posted by NetwkSupport View Post

sell all your assets first and hide the cash under your matress, then do it and go bankrupt.

Also burn all paperwork, go to the doctors get it on record you've had a nervous breakdown (to explain the sudden downturn in fortunes, and the destruction of paperwork), get prescribed some heavy psycho drugs like prozac etc. don't take them, but remember to buy the prescriptions, and go for repeats and buy those too (many fail on this, remember you want to have the right kind of paper trail for the busy bodies to look at, zero paper trail will get them digging.)

Apply for bankruptcy.

Move into a new B&B every few week, remember to update everyone on where you're living.

Then after a few months, and you're in the grottiest B&B, just disappear off the radar completely.
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NetwkSupport replied

12 December 2008, 08:22
sell all your assets first and hide the cash under your matress, then do it and go bankrupt.
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Liability replied

12 December 2008, 01:20
Originally posted by chris79 View Post

Right, for one reason or another I've got about £100k worth of credit available on creditcards at hand..

If I got all the money out, took it to a casino and stuck it all on black and lost, what is the worst that could happen if the money isn't secured on my property?

LOL - what do you think? theyll come after you and your assets if you have any
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chris79 started a topic Wreckless idea, what are the consequences?

12 December 2008, 00:29
Wreckless idea, what are the consequences?

Right, for one reason or another I've got about £100k worth of credit available on creditcards at hand..

If I got all the money out, took it to a casino and stuck it all on black and lost, what is the worst that could happen if the money isn't secured on my property?
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