What was that posh name for declaring someone bankrupt

Discussion in 'UK Motorcycles' started by geoff, Jun 18, 2008.

  1. geoff

    geoff Guest

    and how do you do it ?
     
    geoff, Jun 18, 2008
    #1
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  2. geoff

    Derek Turner Guest

    foreclosing
     
    Derek Turner, Jun 18, 2008
    #2
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  3. geoff

    geoff Guest

    nah - not going bankrupt, declaring someone else who's still pissing you
    about after 6 months and not paying


    a latin name IIRC
     
    geoff, Jun 18, 2008
    #3
  4. geoff

    Catman Guest

    Garnishee order?

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    Catman, Jun 18, 2008
    #4
  5. geoff

    geoff Guest

    Nope, someone posted about it last year, buggered if I can get my
    google-fu out of the starting blocks on it though
     
    geoff, Jun 18, 2008
    #5
  6. geoff

    Colin Irvine Guest

    Statutory demand. Google for what to do.
     
    Colin Irvine, Jun 18, 2008
    #6
  7. geoff

    geoff Guest

    prolly not

    sort of focused on finding out the name ATM
     
    geoff, Jun 18, 2008
    #7
  8. geoff

    geoff Guest

    Not the name I was thinking of, but that's the mechanism I'm looking for
     
    geoff, Jun 18, 2008
    #8
  9. Is that what ... hmm ... Molly (IIRC) did to Bedford City (or County?)
    once?

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    Dr Ivan D. Reid, Jun 18, 2008
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  10. geoff

    Spete Guest

    Pecunia Interuptus
     
    Spete, Jun 18, 2008
    #10
  11. geoff

    Derek Turner Guest

    Has to be more than £750 owed to you:

    http://www.insolvency.gov.uk/guidanceleaflets/guidetobankruptcy/
    guidetobankruptcy.htm

    no posh Latin words there, though: you lodge a creditor's petition.
     
    Derek Turner, Jun 18, 2008
    #11
  12. geoff

    geoff Guest


    £2k since December

    what's offpissing is as much that "he's not here ATM" when I know full
    well that he is

    so **** him
     
    geoff, Jun 18, 2008
    #12
  13. geoff

    geoff Guest

    Dunno,

    is Dr Gower in da house ?
     
    geoff, Jun 18, 2008
    #13
  14. geoff

    crn Guest

    http://www.insolvency.gov.uk/guidanceleaflets/dealingwithdebt/howtomakesomeone.htm

    You should get a lawyer or CAD on the case, it is not a job for DIY.
    First you need to serve a statutary demand, if he does not pay you then
    make a bankruptcy petition. At this point he is out of options and must
    either pay or go bust. It is important that the statutary demand and the
    petition are both "served" in the proper manner.

    If he does go bust you will be an unsecured creditor so you may end up
    getting nothing or maybe pence in the pound. OTOH he might have enough
    assets and you might get paid.
     
    crn, Jun 19, 2008
    #14
  15. geoff

    Pikey Joe Guest

    Wouldn't it be easier to apply for a county court judgement? Then
    assuming the judgement goes in your favour - and he still doesn't pay -
    you can apply for an attachment to earnings order so you get your money
    before he does.

    You've got slightly more chance of getting some of your money back that
    way (still not much though, the law seems to favour the 'poor', and also
    thinks non-preferential creditors[1] can get fucked.)

    [1]preference is given to Inland Revenue, Local government,
    gas/water/electric, etc. You might get a share of any money left.
     
    Pikey Joe, Jun 19, 2008
    #15
  16. geoff

    Dan L Guest

    Heh, I'll be in court for that very reason later on today.



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    Dan L, Jun 19, 2008
    #16
  17. geoff

    Colin Irvine Guest

    I can lend you a tenner if that'll help.
     
    Colin Irvine, Jun 19, 2008
    #17
  18. geoff

    serf Guest

    Sorry to hear that. I'd be happy to look after your bikes for a while.
     
    serf, Jun 19, 2008
    #18
  19. geoff

    Ben Guest

    Ben, Jun 19, 2008
    #19
  20. geoff

    Hog Guest

    A friend did that recently to a major investment fund who were tardy
    about giving him back his money. The paid up sharpish. Others may not be
    so lucky as their situation develops.
     
    Hog, Jun 19, 2008
    #20
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