What was that posh name for declaring someone bankrupt

and how do you do it ?

 

foreclosing

 

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


a latin name IIRC

 

Garnishee order?

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Nope, someone posted about it last year, buggered if I can get my
google-fu out of the starting blocks on it though

 

Statutory demand. Google for what to do.

 

prolly not

sort of focused on finding out the name ATM

 

Not the name I was thinking of, but that's the mechanism I'm looking for

 

Is that what ... hmm ... Molly (IIRC) did to Bedford City (or County?)
once?

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Pecunia Interuptus

 

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.

 

£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

 

Dunno,

is Dr Gower in da house ?

 

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.

 

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.

 

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



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I can lend you a tenner if that'll help.

 

Sorry to hear that. I'd be happy to look after your bikes for a while.

 

Dunno about that but if it was a company I would (and have) served a
winding up order[1] on a company that owed me.




[1]
http://www.insolvency.gov.uk/guidanceleaflets/dealingwithdebt/howtowindupacompany.htm

 

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.