| T O P I C R E V I E W |
| abd |
Posted - 27 May 2008 : 22:56:55
In the SOA form there is a section about how much money you have lost in betting and gambling during the last 2 YEARS,my honest answer is non.But 2 years back I did gamble using my bank card for money withdrawal in casinos( can be found in my 2 years old bank statements).Should I put gambling in the section of causes of debt ,even if this was 2 years ago.I do not want to get my self in trouble, but at the same time will not like to look as if Iam not telling the truth and being dishonest about my past behaviour regarding spending.I would appreciate an honest advice.It took me a great deal of courage to put forward this question,I feel awful about it ,even before meeting the OR.
kind regards, Abd |
| 15 L A T E S T R E P L I E S (Newest First) |
| JulianDonnelly |
Posted - 02 June 2008 : 20:18:03
Indeed!
Regards
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk |
| pix1 |
Posted - 02 June 2008 : 19:33:24
Strange that if someone has won money from gambling they do not need to put anything on the form. Therefore, if you gambled using your bank account the OR could see the gambling transactions and you could say you made a profit from it so did not declare it. Seems odd. |
| JulianDonnelly |
Posted - 02 June 2008 : 10:08:36
Absolutely!
Regards
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk |
| indy2005 |
Posted - 29 May 2008 : 21:46:40
Like a phoenix from the ashes Julian  |
| JulianDonnelly |
Posted - 29 May 2008 : 09:44:08
Hi Indy,
In a strange and rather perverse way, I would say that bankruptcy is probably the best thing that ever happened to me, and the positive changes I have made in my life since have made it all worthwhile!
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk |
| indy2005 |
Posted - 28 May 2008 : 19:32:44
I too got into this mess chasing losses. It started with a 30K inheritance which we earmarked for an extension as soon as I lost 5K I started chasing losses, and when the 30K went I couldnt tell me wife she couldnt have the extension so used other peoples money to try to get the 30K back...after that I was a compulsive gambler, having never so much as put a bet on the grand national before then.
I got into spreadbetting when I turned 3K into 8K after a tip off on some shares. I received the 30K at exactly the wrong time.
Easily done. I do put some blame on the spreadbetting companies and credit cards. I think its ridiculous to let someone put 15K at a time from a credit card into an on-line betting account without so much as a security check...still no one forced me to do it.
Regards
i |
| indy2005 |
Posted - 28 May 2008 : 18:58:16
Bankcruptcy is a much better lesson than GA. |
| JulianDonnelly |
Posted - 28 May 2008 : 16:48:21
Hi abd,
This is a story that is becoming all too familiar ... don't worry, you are certainly not alone! In addition, it helps that the judge and OR are (usually) decent human beings who are likely to be far more understanding than you'd think.
Regards
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk |
| abd |
Posted - 28 May 2008 : 16:17:39
Hi Andy
My story is abit ironic, I got ito gambling debt because my ex-employer continued sending my wages to my bank account for nearly a year.frankly speaking remained unnoticed for few months.I needed to get back the money I spent by mistake,guess what? gambling.And the rest of the story is obvious Andy. For 2 years I have tried all my best to come to an agreement with my ex-employer to pay installment the net overpaid money, but they refused
even to approach the inland revenue with may to regain the tax and NI. they went to court added their expenses, gross amount and interest. my debt will now take me 22 years to pay according to their attachment of earning.They put me in the most miserable 2 years of my life ,they reported me to my professional body to get me sacked, but could not succeed.I know I made a big mistake ,but it was their negligence in the beginning that created this silly situation.Any how I learned the lesson,I do not think any GA is going to teach me better.
Abd |
| indy2005 |
Posted - 28 May 2008 : 15:30:56
Thanks,
I still have some statements delivered to work (never got round to changing it)! One guy I met paid his postman to put his mail through the sunroof of his car!
GA would be torture for me....lets hope I just get a BRO. But I believe that gambling isnt an automatic BRO....right? |
| JulianDonnelly |
Posted - 28 May 2008 : 15:25:05
Hi Indy,
I don't think you have anything to worry about. Best of luck!
Regards
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk |
| indy2005 |
Posted - 28 May 2008 : 15:02:25
Hi,
I attended GA but found it only introduced me to people with more devious stories than myself such as people who remortgaged their house and faked their wifes signatures, and others who had stolen equipment from a special needs school.
It didnt help me to go there. I quit by (1) letting my wife take control of all the money (2) getting financial pressures under control with a Debt Management Plan with PayPlan (3) support of family. I hope it goes well for you, like me you havent gambled for 2 years and that should stand for something. Its not like you gambled in Wed and went BR on Thursday or even had a last fling knowing you were insolvent.
I had every intention of paying the money back and have been for nearly two years. I am not going BR due to gambling, but due to lack of cooperation from creditors to freeze interest.
I was definitely ill at the time when I think of the things I was doing. Quite ridiculous when Ilook back (i remember emptying the contents of a shredder to piece together a Sainsburys credit card my wife had shredded....I managed it and managed to lose 11K in the next 2 hours).
My doctor put me forward for cognotive behaviour therapy and put me on valium.
BR is for me now a way to draw a big black line under it all and move on. Let me know how you get on...I am sure we could compare stories!
i |
| JulianDonnelly |
Posted - 28 May 2008 : 14:52:30
Best of luck - I'm sure you'll be fine!
Regards
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk |
| abd |
Posted - 28 May 2008 : 14:18:35
Hi Julian
Thanks for the reassurance,and to you also Andy2005
Though iam done with gambling for more than 2 years
the OR request is a command.You know how itis when your are at the bottom and you have to choose between the rock and a hard place.
will keep you informed.
Abd |
| JulianDonnelly |
Posted - 28 May 2008 : 13:09:18
Hi abd,
The good news is that the OR (like everyone else these days) does recognise that gambling is an illness. As a result, the worst case scenario is a BRO with a request to attend gamblers anonymous.
Regards
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk |
