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BNP Leader Nick Griffin Declared Bankrupt

 
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mark occomore



Joined: 07 Dec 2006
Posts: 9955
Location: UK

PostPosted: Fri Jan 03, 2014 6:06 pm    Post subject: BNP Leader Nick Griffin Declared Bankrupt Reply with quote

Quote:
British National Party (BNP) leader Nick Griffin MEP has been declared bankrupt.

A bankruptcy order was made at Welshpool County Court on Thursday.

Mr Griffin tweeted: "Being bankrupt does NOT prevent me being or standing as an MEP. It does free me from financial worries."

He added: "I am now turning the experience to the benefit of hard-up constituents by producing a booklet on dealing with debt."


http://www.bbc.co.uk/news/uk-england-25590155

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It's apparently not the finish of him. It's a good PR stunt.
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littlepieces



Joined: 10 Jan 2010
Posts: 1098
Location: Lowestoft

PostPosted: Sat Jan 04, 2014 6:13 am    Post subject: Reply with quote

Couldn;t happen to a nicer bloke
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essexlady



Joined: 10 Dec 2006
Posts: 348
Location: Essex

PostPosted: Sat Jan 04, 2014 8:59 am    Post subject: Reply with quote

Yes, but I do feel for the people and companies to whom he owes money. Sometimes it seems to me that declaring yourself bankrupt is just a way to avoid paying your debts, at other peoples' expense.
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Colin



Joined: 26 Sep 2013
Posts: 916

PostPosted: Sat Jan 04, 2014 11:59 am    Post subject: Reply with quote

essexlady wrote:
Yes, but I do feel for the people and companies to whom he owes money. Sometimes it seems to me that declaring yourself bankrupt is just a way to avoid paying your debts, at other peoples' expense.


True, but don't forget that it's the decision of the court as to whether an applicant is determined bankrupt or not. A few years ago, a friend of mine petitioned for bankruptcy thinking it was a quick way out but the court declined his application.
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Helen May



Joined: 10 Dec 2006
Posts: 18069
Location: Cheshire

PostPosted: Sat Jan 04, 2014 1:01 pm    Post subject: Reply with quote

essexlady wrote:
Yes, but I do feel for the people and companies to whom he owes money. Sometimes it seems to me that declaring yourself bankrupt is just a way to avoid paying your debts, at other peoples' expense.


I agree essexlady, in most cases it is the easy way out of paying back what you owe to others.

H
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I said it live on air in the studio with Jeremy Vine on 10/3/2005
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becky sharp



Joined: 01 Dec 2008
Posts: 5735

PostPosted: Sun Jan 05, 2014 9:10 pm    Post subject: Re: BNP Leader Nick Griffin Declared Bankrupt Reply with quote

mark occomore wrote:


http://www.bbc.co.uk/news/uk-england-25590155

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It's apparently not the finish of him. It's a good PR stunt.

Being the selfless person he is..Rolling Eyes . he says in that article "I am now turning the experience to the benefit of hard-up constituents by producing a booklet on dealing with debt."
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ruddlescat



Joined: 16 Sep 2010
Posts: 18010
Location: Near Chester

PostPosted: Tue Jan 07, 2014 11:21 am    Post subject: Reply with quote

I think some of you might be under a misapprehension about the actual position here

As far as I am aware the person concerned did not declare himself bankrupt but was declared bankrupt following a bankruptcy petition being brought against him by his former legal advisers for unpaid fees

People often think that bankruptcy can be an easy option but for most ordinary people it is not as it usually involves the sale of the family home not to mention one's credit record being decimated from which it can take anything up to fifteen years to recover
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Colin



Joined: 26 Sep 2013
Posts: 916

PostPosted: Tue Jan 07, 2014 12:04 pm    Post subject: Reply with quote

ruddlescat wrote:
I think some of you might be under a misapprehension about the actual position here

As far as I am aware the person concerned did not declare himself bankrupt but was declared bankrupt following a bankruptcy petition being brought against him by his former legal advisers for unpaid fees


Yes, that's what I was getting at earlier. As you say, it's all to do with who does the "petitioning" in the first place.

Bankruptcy is a horrible position to be in regardless of the circumstances and despite the fact that the term (if determined by the judge) could be as short as 12 months now - as opposed to the 5 years it used to be years ago - it makes life incredibly difficult for the undischarged bankrupt, such as no credit or debit cards, everything to be paid in cash, assets removed in order to pay creditors, etc. Thankfully I've never been in that position but I know people who have and it's not nice.
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FleetingEileenM



Joined: 30 Mar 2010
Posts: 4975
Location: Hampshire

PostPosted: Tue Jan 07, 2014 12:57 pm    Post subject: Reply with quote

A fellow printer was declared bankrupt a few years ago. He was a sole trader and was unfortunate in taking on a partner who talked him into investing in expensive machinery and then did a runner. It was a horrible time for him.

He owed us a small amount (about 300 I think) but we were more than happy to write it off as he was such a nice guy and had been very helpful to us in our early days in the print industry.
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becky sharp



Joined: 01 Dec 2008
Posts: 5735

PostPosted: Tue Jan 07, 2014 1:05 pm    Post subject: Reply with quote

FleetingEileenM wrote:
A fellow printer was declared bankrupt a few years ago. He was a sole trader and was unfortunate in taking on a partner who talked him into investing in expensive machinery and then did a runner. It was a horrible time for him.

He owed us a small amount (about 300 I think) but we were more than happy to write it off as he was such a nice guy and had been very helpful to us in our early days in the print industry.
A lovely,decent attitude,Eileen.
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Helen May



Joined: 10 Dec 2006
Posts: 18069
Location: Cheshire

PostPosted: Tue Jan 07, 2014 2:14 pm    Post subject: Reply with quote

ruddlescat wrote:
People often think that bankruptcy can be an easy option but for most ordinary people it is not as it usually involves the sale of the family home not to mention one's credit record being decimated from which it can take anything up to fifteen years to recover


I think we mean that it seems the easy way out when someone has had an extravengent lifestyle with no care as to how they will pay their loans back. It happened to someone connected to a distant family member.

It also seems a lot easier for someone to start again and to perhaps do the same again after a few years.

H
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I said it live on air in the studio with Jeremy Vine on 10/3/2005
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FleetingEileenM



Joined: 30 Mar 2010
Posts: 4975
Location: Hampshire

PostPosted: Tue Jan 07, 2014 4:57 pm    Post subject: Reply with quote

FleetingEileenM wrote:
He owed us a small amount (about 300 I think) but we were more than happy to write it off as he was such a nice guy and had been very helpful to us in our early days in the print industry.

... however ... we were silly enough to sign up with a company called Smart Source Water who promised to cut our water bills, pay our water company direct and hold the price for four years.

We paid SSW for four months and then were contacted by our water company who said they had received nothing from SSW and that we now owed them for the full year. We have tried to retrieve the money from SSW (fortunately only about 170) as they have been declared bankrupt, but it seems most unlikely we shall get anything back.

Apparently others have fared a lot worse as various charities, care homes etc had also signed up.
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