whats the deal with the farepak hamper bankruptcy?
931233
I absolutely agree with your point.   I owe no-one anything.  I make my own arrangements for Christmas.   I am a Pensioner.  I am financially secure.   I do not drink and I do not gamble.  I am therefore better off as a result.  I pay taxes on everything.\nI see no reason whatsoever why I, through taxes, should reimburse those who lost money in the venture.   Make the company directors and shareholders (if any) liable for the debts. That is the problem with this country, too many hangers-on and do-gooders......    ...............
487676
It means the business is in bankruptcy and its affairs are being handled by a receiver or a trustee.
972348
Are the Halifax asking for her to pay off ner overdraft NOW!!!!????
757006
In order to file for bankruptcy they have to show all of the account records.  If the company has shredded financial documents they can not file bankruptcy because they can not show proof of financial records.
777737
I take it that one of your creditors has made you bankrupt in England.\n\nUnfortunately there's not a lot you can do to counter that -- except that if you are in fact insolvent the creditor is going to get nothing and will have paid £400 or so to relieve you of all your debts, including his.\n\nI'm on holiday right now, but I have Prof. Ian Fletcher's treatise on English bankruptcy law at home and I was reading up on this question last week.\n\nA vindictive or stupid creditor (Amex does it all the time) can make a debtor bankrupt, and the only defense is that the money isn't owed. But few creditors ever get any money by doing this. Yet, in England (though never in America) they do it all the time.\n\nYou will get convoked before a referee or trustee and you will be examined on your assets. These days "guilt" (as in over-spending) is hardly an issue. Everybody is over-spent and over-indebted. So long as you're not hiding anything there's nothing they can do. It's an offence to abscond with assets or to hide assets. The first thing you should do is to tell anyone who might die and leave you money to change their will to put it in a discretionary trust. \n\nGood luck.
1087331
probably not. bankruptcy needs seasoning in order for you to be eligible to get another refinance or mortgage. if its within the past year then it's too soon.
931329
Debt settlement companies have a variety of different ways to prove their legitmacy.  USOBA and TASC are both independant regulatory commissions that provide the guidelines to the debt settlement companies in order to help them and their clients with crisp information for the settlement process.\n\nDebt settlement is for consumers that are already in a hardship situation and it is the only recognized alternative to a bankruptcy.  Many judges in CA, NJ, NY, OH, IL, AR, AZ, and MA have sent consumers out to debt settlement companies such as http://www.fdnsolutions.com and http://www.1800debtsettlement.com in order for two things to happen.  The first is that the consumer can avoid the disaster of the bankruptcy remaining on the consumer's public file forever with the new BK law.  Secondly according to the payment structure set forth in the new BK law the payments in the BK are in most cases higher than the payments in a BK.  The settlement process can be risky and actual results may vary but the negative consequences of a BK are for sure.\n\nThe main reason to seek out debt relief through debt settlement is to increase the available cash flow in your household.  That is for sure when you will know that a debt settlement company is right for you.
363523
I'm not sure where you are, but here in Georgia it is up to you and the creditor to work it out. \n\nI work in collections and usually when I win the case the judge will allow us to work out the payment plan there and he will write it up and all parties including the judge will sign it. If the customer defaults on these arrangements, then I can get a garnishment or levy with not problem.
483727
strange things happen when you go bankrupt
21036
Did you buy shares in the company? If teh company is dissolved you will not get any money, as the last people to get any money in a bankrupcy case are the shareholders (Thaxtgon lists debts of $242 million as of Aug. 31, against assets of $206 million). Hopefully there will be a restructured company, in which case you could recover something, albeit priced much lower than their worth prior to Chapter 11.
1149969
Since you have a computer go to your banks online service bring up the payments. Call the Loan Company while online discuss it with the manager in charge. Explain to them the problem you are haveing. A Friend of mine just went through this an she claim bankruptcy just prior to this but kept the car and payment. But what had happened is the payments go to a lock box and sit there and when they finally put it in they credited the wrong account. They were showing her two months behind an her payment were there on the first of every month. Plus get there building address not a po box and send the payments to that addrress.
1186750
WHAT THE HECK DOES THIS HAVE TO DO WITH CREDIT
861218
hello. i work for an iva company. best bet is to contact your iva supervisor and explain the situation. if that doesnt help. contact another iva company to rearrange your iva and propose another solution to your credits.\n\ntry www.debtmatters.co.uk. for personal advise from a 3rd party.\n\nno harm is there? \nif you want further advise let me know. i have knowledge with informal arrangement / bankruptcy and iva's.\n\nhope this helps.
240776
I seriously doubt your freeedoms have been lost or even curtailed due to the Patriot Act. How have you been harmed? Had your house searched? Had your library records pulled? No? Well, guess what. Even under the strictest interpretation of the law, YOUR freedoms have not been abridged one iota.\n\nThe government does not run around willy nilly saying "Let's go spy on so-and-so and see what pops up." The ONLY times the do that is when OTHER EVIDENCE points to their suspected involvement in terrorism.\n\nAs far as the new bankruptcy laws, I think they are a good thing. If you can't afford to pay the bill, STOP CHARGING!! Surely, some peoples' situation changes, and those are the people who should take advantage of the bankruptcy code. However, if you just charge up a bundle without budgeting and the bills catch up all of a sudden, I have no sympathy for you. Why should everyone else have to pay outrageous interest to help pay for this? Cause the losses get passed along to you and me, my friend. Chase Bank doesn't just say, "Oh, well. Better luck next time."
159556
Want an answer?  Take one look at the number of personal bankruptcy cases file this year. \n\nConsumers are falling into a serious trap when they play around with credit.  It starts with them making minimum payments.  Then they get a second credit card and transfer the balance, only to run up the balance again on the first card.  Then it's off to re-finance their homes.  \n\nI've seen this over and over again!\n\nSo the government is now forced to step in.  Be lucky this is all they did.
189037
It never hurts to ask, but, they are in the business of making money, and as stated above, unless they think you are in serious contention to completely default and/or file for bankruptcy, they are not willing to make these types of deals.\n\nThey may make this deal if you go through a credit counseling agency, but they will do that through them, who act as a middle man...accept, you will basically have to tell them that you are broke...which you are not...\n\nif you seriously are in need of credit counseling, you may be able to wipe out  20-40% of the balance....however, with the bankruptcy laws changing last year, credit counseling is required prior to full dismissal in bankruptcy court...\n\n\nhttp://www.nfcc.org/
184742
I don't think they went bankrupt.  They were bought by First Energy.\n\nGPU made a fatal error in anticipating the effect of dregulation of the utility business.