To quote Grandpa Simpson "A little from column A and a little from column B" [:)] I know there are loads of redundancies.

Also I don't think anyone has mentioned Clearstart are in the process of shutting down.

And yet further to the above they will add considerable fees and costs to the debt.

You would be much better dealing with this debt before they turn up. My congestion charge went from £160 to $420 just because i faffed about for a week .

Creditors aren't always financial corporations though.

I may only be talking about a minority of cases but bankruptcy has a place alongside the hatches, matches and despatches and i hope the OR still has the discretion to advertise a bky.

Ultimately a creditor's security is only valid if you care about the asset. You say the conditions state you must drive the car back to the creditor. If you stop meeting the terms of the contract what will the creditor do? They will either pick the car up themselves or they won't. As long as the bal...

I think we should keep in mind the purpose of the advertisement which has never primarily been to punish the debtor. Its purpose is so that no creditor can claim "We were never told". If the bankruptcy is not in the London Gazette either where will it be advertised? On the Insolvency Service website...

FYI RNS Number:5249P Debtmatters Group PLC 06 March 2008 Debtmatters Group plc ("Debtmatters" or the "Company") Result of General Meeting Disposal of IVA Book and of Debtmatters Limited Change of name to Loanmakers Holdings plc The Board of Debtmatters announces that at the General Meeting of the C...

I couldn't believe some of the things Nick Peat has said on that site. For instance implying that anyone who pays more back of their debt than they have to needs their head examining (I'm paraphrasing).