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Posts Tagged ‘earth’

We went bankrupt in November 2010, moved out of our mortgaged home, and moved into rented accommodation.. We owned a property (mortgaged) which had a 75K mortgage and also we had a 30K secured loan and £50K UNsecured debt. Just recently, one house near our old house, went for £105K, so the most it will get (at auction probably) is about £90K.

So we went bankrupt and the receivers contacted us to see what assets we have – we have none, except for the house. We haven’t been back to the house since, and didn’t have our mail redirected as we have informed anyone of any importance about our new address.

Well, I phoned the receivers today to ask if they have let the creditors know yet, (because at 12 Jan 2011 they hadn’t..) and they said yes they informed them and sent a report of our debts and other creditors on 18 Jan. Then this girl said, ‘your unsecured debtors (we had £50K unsecured debt) will know there’s little point in trying to you, but the mortgage company will need to contact you and know your ‘current’ address, because they will need to issue a repossession order,,,’

I am utterly baffled, as when we spoke to the receivers in November, (AND the court too,) they both informed us that the receivers would deal with everything, and that the creditors will need to go to the receivers for any assets we have. This is how bankruptcy works surely.???? And now this girl tell us that we should have contacted the mortgage company voluntarily, because the creditors ‘only let the creditors know the person is bankrupt,’ and because there is little equity, they don’t take the house themselves, they just leave it up to the mortgage company to reposses it at their leisure. So apparently, we are supposed to work with the mortgage company through the repossession. !!!

But why on earth should *we* have to let them know our new address so they can badger us here, ?? Surely they can repossess it without us. I was under the distinct impression from the court and from the receivers (at the start) that once we go bankrupt, it’s out of our hands. and now 3 months on, one girl at the receivers office is saying that we should have contacted the mortgage company so we can help in the repossession process!

Well excuse me, but we did pay the receivers £900 (£450 each) to do this job for us, and what would happen if we had buggared off and just abandoned the house like a lot of people do? Surely the repossession can go ahead without us?

Can anyone advise? I am super reluctant to contact the mortgage company and see no reason why they can’t simply repossess without us. And I am particularly pissed off that the receivers AND the court said it’s out of our hands and we need to do NOTHING, as declaring ourselves bankrupt freed us of the debt (and the assets of course..) and now this girl today has said we should inform the mortgage company of our new address, or the repossession order will take many months, as they ‘need our signatures…’ for the repossession order to go through swiftly.

For one, why only say this now? And what happens if someone abandons a property? Should we just leave it and wait for them to repossess without us?

Ex: Obama
Keep in mind your situation:
You have a growing debt,
Chances of dollar collapsing are imminent,
Oil is on the rise as with many other natural resources,
Your country is the worlds superpower as of the moment,
and It can easily slip out of your hands
Ties with nations can be lost
Prisons are overcrowding
Jobs are being lost.
Now I know that your probably saying,"Hey, That sounds kinda like OUR current situation!"
Of course not.
If you as of today had a high ranking job where you were able to affect humanity, like for instance if you were the President of the United States of America, how would you cope?
Would you find a way to fix this mess of a world we live in today?
Would you crush under the pressure?
Would you let your power corrupt you?
Let your power corrupt you to the point that you would take over the world and create 1 world run Gov, where population growth was monitored and the worlds people was a middle class working for the Gov?
Or would you have created this whole situation to give you a reason to inflict martial law on your people due to overcoming to your greed?
Now these are just some examples I’m throwing out there.
It just really makes me think that when you are the president how much power do you really have?
And who can we trust that power with?
So I am asking the community of yahoo? Can any of you handle the most powerful position on Earth?
Can any human in general be trusted with any kind of position of power such as this?
If not, why is it that we put trust in any of these people today, in modern times?
Let me know what you think.

I have always been in great standing with Citi Cards. I get close to maxing it out and then pay it down to around half on time and start over. In November, I was in an accident. In the hospital for a month, and out of work for 3. I was in a coma for part of that time and had to do rehabilitation afterward, so bills did not get paid. I did pay them the outstanding debt for the minimum amount as soon as I started back to work. They had jacked my interest rate though, so I payed the next month and then called and they lowered it back down. Well, in the course of this, they sent me out a new card and said my other had been compromised. I always pay online so I went to my account and added the new card, set it as the main one, and while I was at it saw that there was a payment due in about 2.5 weeks, so I paid then to go ahead and have it paid. Well, it came out of my bank account and the website said thankyou for your payment. Well, it was refunded and I didnt notice until I recieved a call from Citi saying I was a week late. After talking to one man, the only thing we could imagine is that it was a system error and had posted to the closed account possibly and that was why it was refunded? I dont know, but I am paying it including the late fee Friday and am afraid they have gone back up on my interest! What can I do, since I HONESTLY tried to OVER pay WAYYY in advanced?
No, my credit is fine and I’m not going broke. Why on earth would I file bankruptsy? And I dont know if I technically was "unemployed" I was just on leave…. I dont want to have my credit lowered 3 pts by applying for another credit card, so basically I was just wondering how to broach it with Citi.

I have some credit card debt I was to consolidate, I moved into my house 1 year ago (I co-own it but no equity at present) there were people at the address with very bad credit and I still recieve the odd bill 4 them now. I am looking for a loan of 6700 over 7 years as it will save me nearly 100 month. problem is I have been declined by my bank, there reason was that I got 2 bank charges recentely due 2 a credit card payment coming out earlier than I was expecting. I also applied to Nationwide as I seemed to fit their criteria but they have also said no. I have recentely applied for 3 credit cards as I was playing around with figures looking @ interest free options. 2 of these have been accepted 1 declined. the debt is currentely spread across 4 credit cards and 1 o/d. I have 1 other loan that has been running 4 a year which I want to leave as it is as it is low interst rate. I am a manager for a very well known company and earn 20k. (1200/month). Please give me some advice. thanks
PS names of reputable companies that would lend to my credit profile on an unsecured personal loan at a reasonable interest rate.
would be really helpful.
Oh! and maybe I should have mentioned…I am not stupid and will not fall for a scam!! I don’t believe any of the answers here are legitimate…..why on earth would a real lender have a gmail or yahoo address for a start, please any people reading this for info do not take any notice of the advice from anyone who has replied…they are all scams and I wish I never posted the question!
anthonia – your response is the same as the 10 other scammers, giving a vauge yahoo email address!

1:

Its amazing the impact death can have on some one
the feeling can never be written
its as if you been dreaming and awaken
and your loved one is just taken
the words can never be spoken

every one tries to comfort you
and you have no clue on how much clash you just blew
its unexplainable
every one tries to hold someone accountable
every one hostel and its impossible to get along
when you’ve known some one your whole life long
it makes it harder to let em’ go
when you can still hear their voice echo and you just know they looking out below

all I wanted was the fights and pain to stop
but my wish just flip flopped
its strange how your word can twisted
it was hard for me to accept that they no longer existed
hey no longer pondered the earth I did
I don’t think it was fair I was just a kid
I didn’t really know what I wants I just didn’t want it all to get physical
but I guess most people don’t see it at my angel

I miss you ever day
even though its going on 4 years your still deep in my thoughts
I love you

#2:

I can’t afford to spend it
but some how I got it in my head that it’s only a little bit
but it all ads up real quick
all the cash I blow I act like I’m rich
I swear all this green is toxic
I be buying stake dinners maxin it
saying put it on my credit
buying clothes saying take it from the debit
go home and throw em’ in the closet

I buy my shoes in bulk
and all of them got the niky mark
wear em with a hoodie you could say that it’s my trademark
I get money in my hallmarks
spend it up like a hungry shark
I always got it on hand almost like my birthmark

I act like I got the money but really I can’t afford to pay the rent
but most my wants are meant
at the end of the month I spent almost every cent in my check
this is why in debt
this is why I compare my life to a shipwreck
some times I wish I had them paychecks on deck

this is why my money suddenly just flows aways
this is why my life turned out this way
I can’t believe I go out and blow my check every week
every cent I earn from Monday all the way to Friday
aye aye aye
but ima make it better ima pay my own way
ima stop waiting for my birthday to get that extra payday
ima get off the highway yep ima leave this free way
so starting now im gonna shovel my own walkway
aye aye aye

I’ve heard financial advisors talk about consalidating all debts into a 0%apr credit card. But if i need to consalidate my debts evidently my credit isnt the cleanest thing on earth and getting a credit card with a 0% apr is almost impossible with my creditscore. What other options are there? Companies that offer consolidation have an apr that is so high it just puts you in even more debt. I feel stuck. Somebody please help!