Me VS Lowell (Claimant) & Claimant's Solicitor (Cohen Cramer) / JD WILLIAMS (orig)

[alexpn]

Re: Me VS Lowell (Claimant) & Claimant's Solicitor (Cohen Cramer) / JD WILLIAMS (orig

Not sure that was a message intended for [MENTION=48934]Debt Camel[/MENTION] - it's showing as blank anyway [MENTION=5553]charitynjw[/MENTION]

[MIKE770]

Re: Me VS Lowell (Claimant) & Claimant's Solicitor (Cohen Cramer) / JD WILLIAMS (orig

it is a notice we use to ask the person concerned to look in on your thread as they usually have more knowledge on a subject, a notification will crop up when they next log in they then can look at your problem.

[alexpn]

Re: Me VS Lowell (Claimant) & Claimant's Solicitor (Cohen Cramer) / JD WILLIAMS (orig

Thanks [MENTION=3599]MIKE770[/MENTION]

[Debt Camel]

Re: Me VS Lowell (Claimant) & Claimant's Solicitor (Cohen Cramer) / JD WILLIAMS (orig

I like the "spinning plates" description. I often describe this as playing a game of whack-a-mole http://urbananomie.com/wp-content/up...8fe5606a_b.jpg - no sooner have you bashed one of the debts down, another one pops up. After a while it gets exhausting. As some creditors have found you, it is likely a lot of the rest will - you can't base a plan on hoping that they won't.

Three options for you:

1) carry on with this. There will be help here for every new mole that appears, but sometimes a plate is going to come crashing down, to mix the metaphors!

2) go bankrupt now. Apart from getting the fees together, is there any real downside of this for you? It doesn't sound like it. What are you gaining from delaying apart from stress? If you are worried about your business, talk to Business Debtline https://www.businessdebtline.org/ - it is almost always possible to carry on after bankruptcy but talking to them will clarify exactly what the implications are so you can be confident in making a decision. Read up more about bankruptcy - my guide tries to answer all questions: http://debtcamel.co.uk/debt-options/...to-bankruptcy/.

3) try to get as many debts as possible clearly determined to be statute barred by having a letter from the current creditor acknowledging they won't take enforcement action against you. Reclaim any money you possible can from PPI (http://debtcamel.co.uk/ppi-out-of-debt/) and payday loans (http://debtcamel.co.uk/payday-loan-refunds/) and use this to make full and final settlements to the non statute barred debt. Then revisit the situation in 12 months and see if the remaining non statute barred debt is now manageable. If it isn't, then look again at bankruptcy. Or if debts are then below 20k a Debt Relief Order may be suitable - but if there is any risk that you may have forgotten some debts, bankruptcy is better as forgotten debts are still wiped out.

TBH if Business Debtline thinks bankruptcy looks suitable, that is probably your best option. Get it over with as soon as possible!

[alexpn]

Re: Me VS Lowell (Claimant) & Claimant's Solicitor (Cohen Cramer) / JD WILLIAMS (orig

To be honest [MENTION=48934]Debt Camel[/MENTION], if I had the money sat there now to pay for bankruptcy, I would do it in a heartbeat, I'm currently drawing Jobseeker's Allowance which gives me the grand total of £70 a week.

Losing my Directorship is another concern although as the business is so dormant, it wouldn't be any major loss against going back into standard PAYE employment as it stands.

My sister went bankrupt a couple of years ago after a failed business endeavour in Spain, and she has come through the other side ok, it's just these upfront fees.

[alexpn]

Re: Me VS Lowell (Claimant) & Claimant's Solicitor (Cohen Cramer) / JD WILLIAMS (orig

The stress is utterly ridiculous though, it's like living in constant fear of being found out by family... it genuinely feels some days like a lottery win or bankruptcy are the only solutions here, talk about extremes.

[Debt Camel]

Re: Me VS Lowell (Claimant) & Claimant's Solicitor (Cohen Cramer) / JD WILLIAMS (orig

It is absurd that someone can't go bankrupt because of the cost . Some ideas here http://debtcamel.co.uk/help-with-bankruptcy-fees/

In your case as you mention payday loans, looking for some refunds there may be your easiest way to get the fees.

[MIKE770]

Re: Me VS Lowell (Claimant) & Claimant's Solicitor (Cohen Cramer) / JD WILLIAMS (orig

days of guilt due to finances long gone - people are aware of the extremities of the Bankers and corrupt politicians which was covered up for decades before modern technology these days no body cares what if you went bankrupt but the debt purchasers cancel their holidays and parties ( what a shame for the corrupt gits),

[alexpn]

Re: Me VS Lowell (Claimant) & Claimant's Solicitor (Cohen Cramer) / JD WILLIAMS (orig

It is absurd that someone can't go bankrupt because of the cost . Some ideas here http://debtcamel.co.uk/help-with-bankruptcy-fees/

In your case as you mention payday loans, looking for some refunds there may be your easiest way to get the fees.

Yes, to be honest I've had several of the offending companies get in touch to offer me refunds which I have taken at the time, and I know at least two of them completely wrote off all the money I owed to them simply because the interest I had paid previous having their products HUGELY eclipsed the outstanding monies remaining when I lost my job.

A lot of it is my fault, I can almost sympathise with those I owe money to, however, when you start to do some research on Debt Collections Firms, and the PITIFUL amounts they pay for these broken debt accounts, then you start to think `hang on a minute, they are actually profiteering from my situation'

The corporate world, especially banking in the UK, financial insitutions and the politics behind it is completely corrupt - the people at the top of tree making money from those who cant afford an existence need stringing up, literally.

[Diana M]

Re: Me VS Lowell (Claimant) & Claimant's Solicitor (Cohen Cramer) / JD WILLIAMS (orig

it genuinely feels some days like a lottery win or bankruptcy are the only solutions here, talk about extremes.

There may be a third way

In your post # 43 you say you've had debts stemming from the 1990s. Are any of these the ones you're currently battling because if so they may be unenforceable in court if the creditor doesn't have the necessary paperwork from their inception.

Any account opened before April 2007 has the potential to be unenforceable.

Maybe you should send a s77-79 CCA Request to each one and see what comes back before you throw in the towel. BR should only be seen as a last resort.

If you start to get replies saying they haven't got the documents so they'll put the account on hold while they search for them, you'll begin to feel more in control of your situation.

It only costs £1 to send the statutory request and that may turn out to be the wisest investment you could make right now.

Di

[MIKE770]

Re: Me VS Lowell (Claimant) & Claimant's Solicitor (Cohen Cramer) / JD WILLIAMS (orig

CCA Request


send Recorded Delivery in each case and keep receipts etc with copy of request made in separate files i.e. one file for each originator i.e. HSBC etc etc

& keep threads updated

[alexpn]

Re: Me VS Lowell (Claimant) & Claimant's Solicitor (Cohen Cramer) / JD WILLIAMS (orig

Hi [MENTION=87380]Diana M[/MENTION]

There are mixture of old and new debts, I have become pretty savvy / ignorant in terms of dealing with those who are pursuing me, purely because I've read up on statute barred debts, etc etc.

I had an Egg loan with Payment Protection which I know I could probably chase up with Citi in terms of compensation to go towards the Bankruptcy costs, I could just save up my jobseekers allowance for a few weeks as well.

I believe (looking on gov.uk) that you can also pay the bankruptcy fee/deposit over instalments too, it's things I need to look at next week.

In the meantime though, I still have the issue with this active thread and what to do next?

[alexpn]

Re: Me VS Lowell (Claimant) & Claimant's Solicitor (Cohen Cramer) / JD WILLIAMS (orig

CCA Request


send Recorded Delivery in each case and keep receipts etc with copy of request made in separate files i.e. one file for each originator i.e. HSBC etc etc

& keep threads updated

Thanks [MENTION=3599]MIKE770[/MENTION] - that's exactly what I do have - big folders, all the letters in it, all chronological, receipts for recorded deliveries for letters out, my responses. I am pretty organised with it, just sadly don't have the money to organise things any further, or the knowledge to beat them all off.

[MIKE770]

Re: Me VS Lowell (Claimant) & Claimant's Solicitor (Cohen Cramer) / JD WILLIAMS (orig



Court-free clickable bankruptcy removes stigma


look this up

- - - Updated - - -

People facing unmanageable debts can now apply for bankruptcy online, rather than in court - leading to more individuals choosing to do so.

A perceived stigma of court proceedings had been a barrier to some bankruptcy, the Insolvency Service said. A rule change in April, and cut in cost, has led to more people making themselves bankrupt. Individuals declaring themselves bankrupt rose 7% in the third quarter of 2016 compared with a year earlier. Creditors, who are owed money, can also apply to make somebody bankrupt. Owing to fewer of these type of applications, bankruptcy totals in England and Wales were 1.5% lower than a year earlier over the same period.

[alexpn]

Re: Me VS Lowell (Claimant) & Claimant's Solicitor (Cohen Cramer) / JD WILLIAMS (orig

Court-free clickable bankruptcy removes stigma


look this up

- - - Updated - - -

People facing unmanageable debts can now apply for bankruptcy online, rather than in court - leading to more individuals choosing to do so.

A perceived stigma of court proceedings had been a barrier to some bankruptcy, the Insolvency Service said. A rule change in April, and cut in cost, has led to more people making themselves bankrupt. Individuals declaring themselves bankrupt rose 7% in the third quarter of 2016 compared with a year earlier. Creditors, who are owed money, can also apply to make somebody bankrupt. Owing to fewer of these type of applications, bankruptcy totals in England and Wales were 1.5% lower than a year earlier over the same period.

Thanks [MENTION=3599]MIKE770[/MENTION]

I fail to see what a creditor can really gain from making a debtor bankrupt though, almost seems counter productive against their long gain, unless they genuinely know you have assets and possessions (neither in my case!).

I think all in all, I would need to find £680 for the bankruptcy process, I've had a look at it, most of that sum comes down to a sizeable deposit - but as you correctly say, most of this can all be done online now, I could even set up the order now, get the relevant gov.uk passwords etc - and then just pay into the pot until the £680 is achieved and then commence the full process.

Certainly not worried about being in court itself though, I've been into small claims once or twice when clients haven't paid, it's (as you will all know) just a few desks and a couple of people in suits.