Money from heaven or ?

[JJIII]

Originally Posted by merrylander

Well as combwork put it RBS screwed him over and in all fairness "owes" him.

He also stated that there was an avenue open for him to be made well again. He chose to not persue it. I don't know how the legal system in Scotland works but it may have been possible to recover the 2000 pounds (?) needed to start the process.

[Combwork]

Originally Posted by JJIII

He also stated that there was an avenue open for him to be made well again. He chose to not persue it. I don't know how the legal system in Scotland works but it may have been possible to recover the 2000 pounds (?) needed to start the process.

I did not chose not to persue it. Despite being told I could apply to the Court to overturn the bankruptcy, until I did so I was bankrupt and subject to all its limits. This meant that I had no access to credit. Any action I took would have to be paid in cash up front. As I said, I did not have £2000. Classic catch 22. If I had had £2000 it would have been taken by the Accountant in Bankruptcy. If I had squirreled it away, even though I was using it to challenge the bankruptcy the fact that I had it without telling the Accountant in Bankruptcy would mean I was committing fraud, and could have gone to prison.

[Sandy G]

Originally Posted by Combwork

I did not chose not to persue it. Despite being told I could apply to the Court to overturn the bankruptcy, until I did so I was bankrupt and subject to all its limits. This meant that I had no access to credit. Any action I took would have to be paid in cash up front. As I said, I did not have £2000. Classic catch 22. If I had had £2000 it would have been taken by the Accountant in Bankruptcy. If I had squirreled it away, even though I was using it to challenge the bankruptcy the fact that I had it without telling the Accountant in Bankruptcy would mean I was committing fraud, and could have gone to prison.

Classic "Damned if you do, damned if you don't" situation...