Melanie
A friend of mine has just called round and has been asking some questions in regards to personnel BR. Honest it is a friend as I am happy the way we seem to be heading. His situation is that several years ago he and his wife as a partnership built a small housing development. The hmrc have now came back on him and are looking for a "lot" of money, but do not seem to be pushing him into a corner where they are going to make them BR. His question is what would be the benefits of declaring BR as opposed to them making him BR. The only debt is from that time, and they live in rented accomodation.
I think that the only benefit is a time one. He could petition straight away and probably get a quick Court hearing, whereas HMRC can take ages to get to that stage. If this is the only way out, then the sooner it starts the sooner it finishes - but obviously a clear advantage of waiting for HMRC is that he would not have to pay the £510 required to have his debtor's petition processed.
Thanks Melanie
On a different topic - if you are having a bad day check out "anti depression video" on you tune. If this does not make your day and give you a giggle then nothing will. I am going to see if I can get it as a ringtone.
How much is his debt to HMRC? If it is less than £15,000 and he has less than £50 disposable income a month after normal bills have been paid, and nothing over £300 in assets, he could consider a debt relief order.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I must admit I can't stop thinking of what Mike is going through right now, and his poor daughter. Feel so helpless and just wish there was something - anything - that I could do.
But the clip did make me smile and it shows that the world is not such a bad place most of the time, but that will be no consolation for Mike and his family right now.
hav,nt looked at the clip yet but will do tomorrow,just found out tonight about the tragic accident,and like you mel hav,nt stopped thinking about mike and his family all night.he has helped so many people in his own time i feel like iv,e known him like a close friend ,that is why i am so upset.mike and his family are so close to my heart tonight.i hope he gets some relief knowing he has got so many friends on this forum.
