homeGeek CultureWebstoreeCards!Forums!Joy of Tech!AY2K!webcam

The Geek Culture Forums


Post New Topic  New Poll  Post A Reply
my profile | directory login | | search | faq | forum home
  next oldest topic   next newest topic
» The Geek Culture Forums   » Other Geeky Stuff   » Confession Booth   » I never thought I'd be doing this...

 - UBBFriend: Email this page to someone!    
Author Topic: I never thought I'd be doing this...
DoctorWho

Gold Hearted SuperFan!
Member # 392

Member Rated:
5
Icon 1 posted August 13, 2004 15:46      Profile for DoctorWho     Send New Private Message       Edit/Delete Post   Reply With Quote 
I am declaring bankruptcy. Looks like I have had too many emergencies over the past 3 years. And with my wife having to be on extended maternity leave near the end of one school year, and the middle of the next, all of our reserves were depleted. I really hate doing this, I checked out every other conceivable option, but I am stuck. I don't really know why I am typing this. I don't want pity, and I don't want handouts. I guess I just need to let it out so I can keep myself sane.
Posts: 1694 | From: The TARDIS | Registered: Apr 2000  |  IP: Logged
CommanderShroom
BlabberMouth, a Blabber Odyssey
Member # 2097

Member Rated:
4
Icon 1 posted August 13, 2004 16:21      Profile for CommanderShroom     Send New Private Message       Edit/Delete Post   Reply With Quote 
Been there. Sometimes you gotta do the very thing you spend years trying to avoid.

Good luck Gator.

--------------------
Does he know our big secret?
Has one of us confessed?
'Bout the wires circuits and motors
Buried in our chest

Posts: 2463 | From: Utarrrrggggghhh!!!!!!!! | Registered: Mar 2003  |  IP: Logged
Cap'n Vic

Member # 1477

Icon 1 posted August 13, 2004 20:50      Profile for Cap'n Vic     Send New Private Message       Edit/Delete Post   Reply With Quote 
Tough break there CG......keep yer chin up.

--------------------
(!) (T) = 8-D

Posts: 5471 | From: One of the drones from sector 7G | Registered: Jun 2002  |  IP: Logged
Tut-an-Geek

SuperFan!
Member # 1234

Icon 1 posted August 14, 2004 05:05      Profile for Tut-an-Geek   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
[Frown]
Posts: 3764 | Registered: Mar 2002  |  IP: Logged
GMx

Solid Nitrozanium SuperFan!
Member # 1523

Member Rated:
4
Icon 9 posted August 14, 2004 06:29      Profile for GMx     Send New Private Message       Edit/Delete Post   Reply With Quote 
This is just a dip in the road. Once you get to the top of the hill, things will be much better. That sounds like hollow words, but you have your family and us to support you. I hope things get better soon. [Smile]
Posts: 5844 | From: S-4, Area 51 | Registered: Jul 2002  |  IP: Logged
snupy
BlabberMouth, a Blabber Odyssey
Member # 1211

Member Rated:
5
Icon 1 posted August 14, 2004 10:21      Profile for snupy   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
I'm sorry to hear that. Sometimes it's the only way. Do you have a good lawyer??
Posts: 4269 | From: UK, via Chicago | Registered: Mar 2002  |  IP: Logged
-ct-
BlabberMouth, the Next Generation
Member # 209

Icon 3 posted August 14, 2004 11:49      Profile for -ct-   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
lemme know how that all works

i'm looking into doing the same thing [ohwell]

--------------------
Things are always darkest... just before you pull your head out of your butt, void where prohibited, keep away from flame, surcharge(s) may apply.

www.harddriveHELL.com and demoniclemon.com

Posts: 1906 | From: nowhere, man | Registered: Jan 2000  |  IP: Logged
The Famous Druid

Gold Hearted SuperFan!
Member # 1769

Member Rated:
4
Icon 1 posted August 14, 2004 18:04      Profile for The Famous Druid     Send New Private Message       Edit/Delete Post   Reply With Quote 
There's a lot of that going around these days. [Frown]

I came within a few weeks of it myself a couple of years back, but found work (1800km/1100 miles away from home) in the nick of time.

You'll make it through, just take things one day at a time, and remember, it's the people in your life that are important, not the amount of stuff you own.

--------------------
If you watch 'The History Of NASA' backwards, it's about a space agency that has no manned spaceflight capability, then does low-orbit flights, then lands on the Moon.

Posts: 10668 | From: Melbourne, Australia | Registered: Oct 2002  |  IP: Logged
Snaggy

Sir Snaggalot!
Member # 123

Member Rated:
5
Icon 3 posted August 14, 2004 19:31      Profile for Snaggy   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
It takes courage to do that CrawGator. There is no shame in bankruptcy, it exists in our society to help you get back on your feet again. You're going to feel a sense of relief once it's started, and soon you'll start to feel positive about your future.

Thanks for sharing this, ...as GMx said, we are here for support and wish you the best. [Smile]

Posts: 8100 | From: Canada | Registered: Jan 2000  |  IP: Logged
drunkennewfiemidget
BlabberMouth, a Blabber Odyssey
Member # 2814

Member Rated:
4
Icon 9 posted August 15, 2004 00:28      Profile for drunkennewfiemidget     Send New Private Message       Edit/Delete Post   Reply With Quote 
That's too bad, man. I hate hearing bad things happen to good people.

Both of my girlfriends parents have declared bankruptcy in the past. My gf's Dad is now long beyond it, and doing much better. My gf's Mom is still dealing with it, since hers was a little more recent.

Both are much better, much happier, and better off now. One day I'm sure you will be too.

I know no amount of words from any of us will make it better, but like everyone said, we're here to listen and do whatever we can to help.

Good luck.

Posts: 4897 | From: Cambridge, ON, Canada | Registered: Jun 2004  |  IP: Logged
DoctorWho

Gold Hearted SuperFan!
Member # 392

Member Rated:
5
Icon 1 posted August 16, 2004 11:22      Profile for DoctorWho     Send New Private Message       Edit/Delete Post   Reply With Quote 
Thanks everyone,

Yes Snupy I do have a good lawyer. I had to rely on the kindness of family, both my parents and my inlaws, to the tune of $3000 in the past six months in order to keep the ends meeting, and to help pay for the bankruptcy costs. $700 to declare that you can't pay people money??? I realize the lawyer has to be paid for services rendered, and their are court costs, but that is like taking blood from a turnip.

-ct-
With bankruptcy, at least chapter 7, you have to be able to show that your income and expenses approximately equal out. That is of course not counting the payments on the debt you are trying to rid yourself of. You can sign statements of affirmation that you will continue paying on debts that have collateral attached to them, so you don't have them liquidated. For more details, you should see an attorney in your area.

I have been grateful for my family, they have been very understanding of this situation. I know it will get better. I am hopeful that I will get a better job eventually. I am saving money so I can afford to take the A+ certification, so I can add that to my resume. It's just frustrating right now. I have experience, I have a CIS degree, now in order to get the better paying jobs, I need certifications. It seems like I need to always go one more step to make it to the end, and then there is another road before me. Oh well, at least I travel with friends.

Thank you all.

Posts: 1694 | From: The TARDIS | Registered: Apr 2000  |  IP: Logged
csk

Member # 1941

Member Rated:
5
Icon 9 posted August 16, 2004 18:32      Profile for csk     Send New Private Message       Edit/Delete Post   Reply With Quote 
Sorry I didn't get to this thread before, Crawgator, but this is all a really tough break. Although tough times aren't easy, they help to make us stronger as people, although that doesn't always help at the time.

Anyway, I truly hope things work out all for the best in the long run. Keep us up to date here with how things are going, and we'll give whatever moral support we can.

--------------------
6 weeks to go!

Posts: 4455 | From: Sydney, Australia | Registered: Jan 2003  |  IP: Logged
-ct-
BlabberMouth, the Next Generation
Member # 209

Icon 1 posted August 16, 2004 22:08      Profile for -ct-   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
quote:
Originally posted by CrawGator:
... $700 to declare that you can't pay people money??? ...

say wut?

i can't even afford to be broke?!

--------------------
Things are always darkest... just before you pull your head out of your butt, void where prohibited, keep away from flame, surcharge(s) may apply.

www.harddriveHELL.com and demoniclemon.com

Posts: 1906 | From: nowhere, man | Registered: Jan 2000  |  IP: Logged
The Famous Druid

Gold Hearted SuperFan!
Member # 1769

Member Rated:
4
Icon 1 posted August 16, 2004 23:14      Profile for The Famous Druid     Send New Private Message       Edit/Delete Post   Reply With Quote 
quote:
Originally posted by -ct-:
quote:
Originally posted by CrawGator:
... $700 to declare that you can't pay people money??? ...

say wut?

i can't even afford to be broke?!

You think bankruptcy law was written for poor people?

How naive.

Bankruptcy law was written to allow the rich to stay rich, even when they've stuffed up badly and put a few hundred million of other peoples money down the toilet.

/me remembers a certain high-profile bankrupt in oz, every day for weeks, his $1000/hour lawyer turned up at the court and said "honest your honour. my client only has $12 in the bank".
Oddly enough, no-one thought to ask how he was paying his legal bills.

The fact that bankruptcy law is increasingly being used by people who really are broke is seen as a real problem by many governments. There's talk of changing the law here to stop it being 'abused' by people who actually are broke.

--------------------
If you watch 'The History Of NASA' backwards, it's about a space agency that has no manned spaceflight capability, then does low-orbit flights, then lands on the Moon.

Posts: 10668 | From: Melbourne, Australia | Registered: Oct 2002  |  IP: Logged
drunkennewfiemidget
BlabberMouth, a Blabber Odyssey
Member # 2814

Member Rated:
4
Icon 1 posted August 17, 2004 06:08      Profile for drunkennewfiemidget     Send New Private Message       Edit/Delete Post   Reply With Quote 
Yea, bankruptcy laws are interesting ones.

Through my business, I did consulting for an ISP a few years back. I knew the owner, and up until that time, he'd paid me about $50k over the last year and was a decently honest guy.

Then, one day, shortly after sending him a bill for $1200, I got a letter from a bankruptcy lawyer saying he'd bankrupted the business. (It was incorporated.)

What did this mean? It meant he liquidated all of the businesses assets, pocketed the cash, ran up all of the bills and collected customer's revenue until finally Ma Bell said they were pulling the plug, then he bankrupted it, walked away with a huge chunk of change, and all I got was a letter saying, "The business has outstanding debts totalling $224,000. Of the remaining equipment available for liquidation, and customer list available for sale, there is $11,000 value in the business. You can come to a meeting at (insert location here) and discuss the amount owing to you.

THe letter was also sent to Ma Bell, the government, and other large companies that'd eat up that meagre $11k long before I got anywhere near it.

If it were up to me, that particular "business man" would be some very big very bad man's boyfriend right now.

Posts: 4897 | From: Cambridge, ON, Canada | Registered: Jun 2004  |  IP: Logged
Stereo

Solid Nitrozanium SuperFan!
Member # 748

Member Rated:
5
Icon 1 posted August 17, 2004 06:56      Profile for Stereo     Send New Private Message       Edit/Delete Post   Reply With Quote 
About bankrupcy, do you know one may be force to declare one if the government ows you more money than you owe the government? Easy: the government will ask repayment of the debth before sending you your money. [weep] [cry baby] [shake head]

And of course, declaring bankrupcy also clears what other people owe you, so bye-bye that nice amount that would have prevented you from going bankrupt in the first place... [thumbsdown] (Didn't happen to me, but to someone in my family...)

--------------------
Eppur, si muove!

Galileo Galilei

Posts: 2289 | From: Gatineau, Quebec, Canada | Registered: Apr 2001  |  IP: Logged
-ct-
BlabberMouth, the Next Generation
Member # 209

Icon 3 posted August 17, 2004 12:15      Profile for -ct-   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
quote:
Originally posted by Stereo:
...And of course, declaring bankrupcy also clears what other people owe you, so bye-bye that nice amount that would have prevented you from going bankrupt in the first place... [thumbsdown] (Didn't happen to me, but to someone in my family...)

oh hell... [ohwell]

guess i can't do anything until after i get the paperwork moving to sue my ex-employer (for those who didn't read that post, he owes me over $15,000) [thumbsdown]

--------------------
Things are always darkest... just before you pull your head out of your butt, void where prohibited, keep away from flame, surcharge(s) may apply.

www.harddriveHELL.com and demoniclemon.com

Posts: 1906 | From: nowhere, man | Registered: Jan 2000  |  IP: Logged
The Famous Druid

Gold Hearted SuperFan!
Member # 1769

Member Rated:
4
Icon 1 posted August 17, 2004 17:00      Profile for The Famous Druid     Send New Private Message       Edit/Delete Post   Reply With Quote 
quote:
Originally posted by drunkennewfiemidget:
"The business has outstanding debts totalling $224,000. Of the remaining equipment available for liquidation, and customer list available for sale, there is $11,000 value in the business. You can come to a meeting at (insert location here) and discuss the amount owing to you.

If that happened here in oz, there'd be no point in calling the meeting. Liquidators here get paid a frigging fortune, even the liquidators secretary is charged out at over $1000 a day, and the liquidator comes first in the queue to get paid, then the tax man, then secured creditors......

There'd be nothing left of the $11,000 after the liquidator had been at the trough, so no-one else would get a penny.

--------------------
If you watch 'The History Of NASA' backwards, it's about a space agency that has no manned spaceflight capability, then does low-orbit flights, then lands on the Moon.

Posts: 10668 | From: Melbourne, Australia | Registered: Oct 2002  |  IP: Logged
GameMaster
BlabberMouth, a Blabber Odyssey
Member # 1173

Member Rated:
4
Icon 1 posted August 18, 2004 07:42      Profile for GameMaster   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
My best wishes and thoughts go out to you and your family Gator. I have a feeling that you will make it through this and all will be well. Good luck!

--------------------
My Site

Posts: 3038 | From: State of insanity | Registered: Mar 2002  |  IP: Logged
DoctorWho

Gold Hearted SuperFan!
Member # 392

Member Rated:
5
Icon 1 posted September 13, 2004 11:59      Profile for DoctorWho     Send New Private Message       Edit/Delete Post   Reply With Quote 
This is an update for everyone that is concerned about my bankruptcy. It is all over except the paperwork. I went to the hearing on the 2nd of September. The hearing took about 3 minutes. I just have to sign some reaffirmation papers so I can keep my home and car. Those were the only 2 items that I would have been in danger of loosing, but since they know they won't get near the balance of what I owe them, it's better for them to let me keep paying. All in all I am glad it's over, and now I can start over.

--------------------
Laughter is like changing a baby's diapers. It doesn't solve anything but it sure improves the situation. Leo F. Buscaglia

Posts: 1694 | From: The TARDIS | Registered: Apr 2000  |  IP: Logged
drunkennewfiemidget
BlabberMouth, a Blabber Odyssey
Member # 2814

Member Rated:
4
Icon 1 posted September 13, 2004 12:08      Profile for drunkennewfiemidget     Send New Private Message       Edit/Delete Post   Reply With Quote 
Well it's good to know that at least it's done and over, and you can begin on the road to recovery.

Best of luck!

Posts: 4897 | From: Cambridge, ON, Canada | Registered: Jun 2004  |  IP: Logged
Snaggy

Sir Snaggalot!
Member # 123

Member Rated:
5
Icon 14 posted September 13, 2004 12:42      Profile for Snaggy   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
excellent CrawGator. I knew you would feel better about this once it was done. From now on, you'll be re-building. [Smile]
Posts: 8100 | From: Canada | Registered: Jan 2000  |  IP: Logged
GameMaster
BlabberMouth, a Blabber Odyssey
Member # 1173

Member Rated:
4
Icon 1 posted September 14, 2004 07:43      Profile for GameMaster   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
I am glad to hear that everything is starting to turn arround. Still sending out them good vibes for you... Did I just use the word vibes? [Roll Eyes]
Posts: 3038 | From: State of insanity | Registered: Mar 2002  |  IP: Logged


All times are Eastern Time  
Post New Topic  New Poll  Post A Reply Close Topic    Move Topic    Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:

Contact Us | Geek Culture Home Page

© 2015 Geek Culture

Powered by Infopop Corporation
UBB.classicTM 6.4.0



homeGeek CultureWebstoreeCards!Forums!Joy of Tech!AY2K!webcam