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Missy Had
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  • Melbourne, Victoria
  • Australia
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So, I am considering Bankruptcy...
2 Replies

Hi everybody... :)I just came across this website today while looking for information on becoming Bankrupt- the pros and cons and if there are any other options for me. I am 28 years old and have…Continue

Tags: bankruptcy, debt

Started this discussion. Last reply by Keefe Nov 1, 2010.

 

Missy Had's Page

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Keefe replied to Missy Had's discussion So, I am considering Bankruptcy...
"You have about $1200 per month leftover after expenses are paid, so that is enough to pay off $15000 worth of debt. Assuming the debt increases at, say, 20% per annum then that is $250 per month. Of the $1200 you have left over, $250 of that goes…"
Nov 1, 2010
Missy Had replied to Missy Had's discussion So, I am considering Bankruptcy...
"continued... I always want to go on a holiday. I have NEVER been on a holiday. But, if I go bankrupt, maybe I will be denied leave from Australia. I feel like I have really let myself down… and my family. As many people in debt, I have had…"
Oct 26, 2010
Missy Had posted a discussion

So, I am considering Bankruptcy...

Hi everybody... :)I just came across this website today while looking for information on becoming Bankrupt- the pros and cons and if there are any other options for me. I am 28 years old and have been living in debt since I was about 18. When first acquiring credit, I had all intentions to pay it back and be responsible, but it all went down the gurgler when my plans were not to be. All my own fault. Of course. I went and saw a financial counseller for the first time yesterday. She steered me…See More
Oct 26, 2010
Missy Had is now a member of FatCat's Money Confessions
Oct 26, 2010

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What is your Money Confession? (Your biggest money win or stuff up)
Considering Bankruptcy...

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peter randle is now a member of FatCat's Money Confessions
Thursday
Bankruptcy ben replied to Stephen's discussion How to Cancel a Part IX Debt Agreement
"Hi I work for a Debt Agreement administrator. There are 3 ways to end a debt agreement, you pay it out in full, you can apply to have the agreement terminated (however interest backdates from the start of your agreement), or you can offer to make a…"
May 8
Cliff Mearns replied to Cliff Mearns's discussion Bankruptcy -v Debt Agreement
"Ben, let's not lose the loop. How financiers view bankruptcy is not relevant to the discussion of an individual's capacity to pay something. Bankruptcy is being utilised as a means of evading debt obligations. "
May 8
Bankruptcy ben replied to Cliff Mearns's discussion Bankruptcy -v Debt Agreement
"I agree with the setiment however in reality there's nothing to encourage an individual to make a payment with a Debt Agreement! While technically it's different most financial companies regard it as the same as bankruptcy."
May 8

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