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Parkvale

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Parkvale last won the day on October 19 2009

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About Parkvale

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  1. Liz Had 3 houses. 2 buy to let and one as my residence. The 2 buy to let i just let them be repossessed and my own residence is in negegtive equity so the O/R was not very interested in it My partner is now looking to buy the beneficial interest from the O/R. If you have little or no equity in your property and are up to date with your mortgage it is highly unlikely that your mortgage company will repossess. Good Luck Parky
  2. That feeling of being out of control and losing everything with bankruptcy is just not true. It is certainly life changing and my own personal experience is that there is certainly life after bankruptcy. The decision to go bankrupt is yours and yours alone. You can have all the advice in the world. but it is you that has to live with it and adjust your life accordingly. With your particular problems and amount of debt involved have a look at a DEBT RELIEF ORDER. Debt relief orders Good luck Parky
  3. Cheers Lexy. There is nothing to fear from bankruptcy. The more planning and preparing you can do the better. If you can keep control. The fear factor is reduced accordingly and the light at the end of the tunnel is never far away. Parky
  4. I have just received an early discharge from my bankruptcy after 8 months. I had no choice but to declare myself bankrupt. I owed over £800,000 all to financial institutions. The very fact that i was discharged early was that the OR was satisfied that his investigations had been completed and it had been fully established i was not to blame for my bankruptcy. I co-operated fully and honestly with the OR. I was treated fairly and in my opinion sympathetically. I am now debt free and able to move on with my life and look forward to the future with hope and a clear view. I will never be a wealthy person, but i will certainly not ever put myself back into the hole i escaped from. I had no shame or embarrassment in telling friends and relations of my bankruptcy.In fact their support and understanding were amazing. The secret of handling bankruptcy is to be positive. It is a life changing decision not to be taken lightly because your life will never be the same ever again. You will be free of the shackles of your debts whilst no longer being a slave to them and you will be able to seize that second chance that we all deserve to enjoy and make the most of our lives for the short time we are here. Good luck to all past and present bankruptees. Please remember there is life after debt
  5. Fatcat Barclays bankers jet off to Italy for lavish £500,000 banquet as country faces up to financial crisis | Mail Online
  6. No surprises there then. One more battle ,but war is not over yet.
  7. A slight change of tack to lift the doom and gloom. BANKS TO LEND YOU YOUR OWN MONEY - The Daily Mash
  8. FT.com / Weekend columnists / Tim Harford - Bankers are laughing all the way to the bank
  9. I think that is an odds on bet unfortunately. I think CAG has got some extremely busy times coming up.
  10. Have asked Steven to comment urgently. Good luck.
  11. Scottish bankruptcy rate doubles - Perthshire Advertiser http://www.scotland.gov.uk/News/Releases/2008/07/18113311
  12. Today is the beginning of the rest of your life. You are a different person today from yesterday. Life is about progression and you have certainly progressed. Maybe your future looks clearer now. Good Luck,
  13. Have you acknowledged the debts ? It is possible the debts are statute barred now under the Limitations Act 1980. This act outlines the time limit within which a creditor can chase a debtor for outstanding debts. The act only applies when no contact has been made between the creditor and debtor within the 6 year time limit and only applies to residents of England and Wales. Creditors are given a fixed period of time to chase their debtors, which is outlined in the act . The time scale mainly depends on the type of debt and can be extended at the courts discretion. The time limit begins when you last admitted owing the money or made a payment. Should the creditor fail to maintain contact with the debtor, for a period of 6 years or more, it is possible to claim that the outstanding debt is "Statute Barred" under the conditions of the Limitations Act 1980. The act also has additional effects, depending on the type of debt in question.
  14. Godd luck today. Read this and you will understand what other people have gone through and why CAG exists. http://www.consumeractiongroup.co.uk/forum/show-post/post-1618688.html
  15. Welcome to CAG. We have helped over 9.700 people to reclaim over 16 million pounds so we can help you. This is a self help site, but we will help you assist and guide you with any problems you may have. Please read through these first. http://www.consumeractiongroup.co.uk/forum/faqs-please-read-these/ The start a thread in the bank's forum in which you are reclaiming. Good luck
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