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Bankruptcy update - thank you everyone
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Chez



Joined: 13 Aug 2006
Posts: 35907
Location: The Hive of the Uberbee, Quantock Hills, Somerset
PostPosted: Thu Sep 04, 08 5:12 pm    Post subject: Bankruptcy update - thank you everyone  Reply with quote    

Just to say a HUGE thank you to everyone for all your support over the last few weeks.

And I have to say to anyone who may ever have to go through the same process - the actual 'going bankrupt' bit of going bankrupt is rather soothing. The forms (which we filled in online and printed and took with us) are a bummer. But once you get to the court, it's all low key and smooth and very stress free.

Interestingly, again should anyone ever need to know; one cannot wind up ones own Ltd company due to insolvency; one needs to employ an insolvency practitioner. And insolvency practitioners are only interested in acting for you if the company has any assets. Which ours didn't. So Companies House have advised us to resign as directors (which we are legally obliged to do because you can't be a director of a Ltd company and also be an undischarged bankrupt). And, 'let things just take their course'. Because we have personally guaranteed the loan the company has, that gets rolled up in the bankruptcy, so that's okay. But the company just toddles along for a few months and then dies a death, apparently.

So. We went to court. We went for a fry-up. We went to open a 'bank account for bankrupts' (Barclays) and coming out of the bank we met Mrs We Must Have Drinks, who asked what we were up to. So I told her. And then we came home and all had a two hour sleep. And when we woke up, Mrs WMHD had left the Dead Chicken Money and rather a nice bottle of bordeaux on the doorstep.

Next: we have an appointment to speak to the Official Receiver by telephone in a fortnight (apparently the Chester Office are 'snowed under'). This is the bit whether they work out whether they are going to take any money off you over the next three years.

And we pick up the keys for the new house on Saturday morning. Arvo is making a few phone calls about men-and-vans on the grounds that it will be easier to move with some help and get it out of the way. I'm too scared to put a pic of the house up before we actually pick up the keys in case it attracts some kind of dreadful bad luck .

Once again, thank you everyone. Downsizer is a brilliant community and I am really proud to be a part of it.

*coughs in covering up emotions fashion and cautiously instigates group hug*


Oh - and the contractions go away if I stay still. But not otherwise. From that point of view it's been an interesting morning .

sally_in_wales
Downsizer Moderator


Joined: 06 Mar 2005
Posts: 20809
Location: sunny wales
PostPosted: Thu Sep 04, 08 5:14 pm    Post subject: Reply with quote    

whew, hope you have a lovely peaceful night's sleep now that bits out of the way

Marionb



Joined: 27 Aug 2006
Posts: 5261
Location: Mid-Wales
PostPosted: Thu Sep 04, 08 5:19 pm    Post subject: Reply with quote    

Glad its out of the way for you, Chez...

Best of luck with the house move..... hopefully now things will start looking up for you. And dont move around too much till Saturday is over and you're in the new house!!

Fee



Joined: 21 Mar 2005
Posts: 15902
Location: Surrey Heath
PostPosted: Thu Sep 04, 08 5:23 pm    Post subject: Reply with quote    

~~##Group Hug##~~

xxx

Mrs Fiddlesticks



Joined: 02 Nov 2004
Posts: 10460

PostPosted: Thu Sep 04, 08 5:25 pm    Post subject: Reply with quote    

sounds a thing to go through but hopefully you can get some good nights sleep now ( Leo & bump - take note!)

mochyn



Joined: 21 Dec 2004
Posts: 24569
Location: mid-Wales
PostPosted: Thu Sep 04, 08 6:41 pm    Post subject: Reply with quote    

So: finally, the worst is over.

Now it's time for things to start an upwards sort of thing.

You bringing these books over? I haven't got any time to fetch them, sorry!

Mary-Jane



Joined: 13 Jan 2005
Posts: 18397
Location: The Fishing Strumpet is from Ceredigion in West Wales
PostPosted: Thu Sep 04, 08 6:47 pm    Post subject: Reply with quote    

Fee wrote:
~~##Group Hug##~~


Glad the worst is over though Chez. Now at least you can look forwards and make plans. Wishing you all the very best of luck. xxx

Chez



Joined: 13 Aug 2006
Posts: 35907
Location: The Hive of the Uberbee, Quantock Hills, Somerset
PostPosted: Thu Sep 04, 08 6:49 pm    Post subject: Reply with quote    

I was going to drop them over tomorrow, Mochyn - when are you leaving?

mochyn



Joined: 21 Dec 2004
Posts: 24569
Location: mid-Wales
PostPosted: Thu Sep 04, 08 6:50 pm    Post subject: Reply with quote    

Chez wrote:
I was going to drop them over tomorrow, Mochyn - when are you leaving?


Saturday!

Very early.

Chez



Joined: 13 Aug 2006
Posts: 35907
Location: The Hive of the Uberbee, Quantock Hills, Somerset
PostPosted: Thu Sep 04, 08 6:51 pm    Post subject: Reply with quote    

Mary-Jane wrote:
Glad the worst is over though Chez. Now at least you can look forwards and make plans. Wishing you all the very best of luck. xxx


My plans involve procuring a couple of sheep on hire or transfer over the winter to keep the orchard down and then maybe, in the spring, some cade lambs. Arvo has been told to talk to a chap in the pub down the road .

And the new baby and everything, of course .

Chez



Joined: 13 Aug 2006
Posts: 35907
Location: The Hive of the Uberbee, Quantock Hills, Somerset
PostPosted: Thu Sep 04, 08 6:53 pm    Post subject: Reply with quote    

mochyn wrote:
Saturday!


Good-oh. Will get Arvo to put them in car for me and then, probably, drop them off after I collect Leo at lunchtime.

I also have a box of cooking/crafty type ones that I will send with you for people to rifle through.

VM



Joined: 23 Nov 2007
Posts: 1748
Location: Lincolnshire
PostPosted: Thu Sep 04, 08 6:55 pm    Post subject: Reply with quote    

I feel sure that I know Mrs Must Have Drinks - or perhaps her cousin - but I find that a nice bottle of bordeaux or similar always raises people in my estimation, or at least my affection (particularly after drinking a glass or two).

Glad one thing out of the way and good luck with the move. And the not-contractions.

katie



Joined: 13 Dec 2004
Posts: 708
Location: midlands
PostPosted: Thu Sep 04, 08 6:57 pm    Post subject: Reply with quote    

Wow! Quite a day! Glad it's all getting sorted. Now on with the house move and the baby and the cade lambs.....

Penny Outskirts



Joined: 18 Sep 2005
Posts: 23385
Location: Planet, not on the....
PostPosted: Thu Sep 04, 08 7:00 pm    Post subject: Reply with quote    

Group hug from me too Chez,

sorry bit pissed

Here's to babies and the future!

xx

jema
Downsizer Moderator


Joined: 28 Oct 2004
Posts: 26648
Location: escaped from Swindon
PostPosted: Thu Sep 04, 08 7:05 pm    Post subject: Reply with quote    

Probably utterly tactless of me, but the ins and out of this would make a hell of a useful downsizer article!

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