Bankruptcy was not easy but was the best decision ever for me ! After 2 months from discharge I start to save money ! I work 6 days a week.I change carrer path 180 degree . I love my job ( Hotel Manager). Im 38 and I start my master degree in Hotel Management :P..never to late :) ..You know what . Im happy !!
Bankruptcy was not easy but was the best decision ever for me ! After 2 months from discharge I start to save money ! I work 6 days a week.I change carrer path 180 degree . I love my job ( Hotel Manager). Im 38 and I start my master degree in Hotel Management :P..never to late :) ..You know what . Im happy !!
Agreed with you! I am 9 months after discharge. it's all starting to work for me too. it was not hard for me. i only spoke to the OR twice in 12 months, The hardest bit was fighting my creditors to update my file etc but I'm winning that battle.
Excellent news Bobi. Glad things are working out ok for you.
The friend in my adversity I shall always cherish most. I can better trust those who helped to relieve the gloom of my dark hours than those who are so ready to enjoy with me the sunshine of my prosperity. – Ulysses S. Grant
Like the other people who have answered your blog, I, too, am happy for you. Bankruptcy these days is designed to assist you get back on your feet debt free. The next milestone is working to repair your credit and the next six years will pass in a trice. Congratulations!
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Trust me Bobi BR was the best decision you could have ever made if you felt hopelessly out of you depth (financially).. I did it in 2008 6 yrs on and last week I took another look at my credit file. In Jan it was "2" (poor) now it is "4" (Good) as my BR HAS FALLEN OFF. These "Leeches" that persuade people to go into IVS's forget to tell you that if you have no property, (or equity in one), or assets. THERE IS NO BENEFIT OF AN IVA OVER A BANKRUPTCY! It is just they collect up to 40% of whatever you pay back. Your Credit file is still trashed for at least 6 yrs and often more. Well done matey. The next 5 yrs will fly by.
I think I will have to disagree with part of that. Most companies will ask about BR but not all about IVA for example, applying for Power of Attorney.
BR is good for a lot of people but all avenues should be looked at and your credit file will be trashed for the same length of time.
Don't forget that BR is in the London Gazette forever.
The friend in my adversity I shall always cherish most. I can better trust those who helped to relieve the gloom of my dark hours than those who are so ready to enjoy with me the sunshine of my prosperity. – Ulysses S. Grant
Just say Hi ! :)
Posted - 13 February 2014 : 13:43:18
