Charges for Bankruptcy

Although not in this position myself, I have been extremely close to bankruptcy before. The reason I am posting this here, is to highlight a situation a friend of mine is having at the moment. 

She lost her job in January 2009 and as a highlight of this, she has still not managed to find any work. Having a mortgage on her house, she decided that she would sell the property as she could no longer afford to keep it. The problem is, due to the poor state of the country and the housing market, she has been unable to sell it. 

The insurance she had to cover her in the event of job loss, has stopped and she has had to sell most of her possessions to try and pay the mortgage. Her only income is Job Seekers Allowance, as housing benefit is not paid for those who have a mortgage. 

She is now living in what can only be described as a shell of a house, with no furniture, no possessions and no car, as she could not afford to keep it. 

The only option available to her now is bankruptcy, but she is in such a poor state, that she can not afford to go bankrupt. She is being hounded by debt collectors and threatening letters coming through her door and her health is suffering because of it. The person she was, is long gone and all the life she had in her has been extinguished and it is certainly not through a lack of trying to get another job! She is the same as me when it comes to searching for work. Spending all her spare time applying for work, but getting no response back. 

The thing is, a lot of the stress and worries she currently has, is through the debts she can not afford and the hounding she is receiving. 

She has made enquiries about bankruptcy, but the fees which are charged for this are extortionate for someone who already has financial difficulties. The money she receives from her J.S.A, is barely enough to keep her going as it is and she just can not afford to put that money away to save up to go bankrupt. 

Why is this idea important?

Although not in this position myself, I have been extremely close to bankruptcy before. The reason I am posting this here, is to highlight a situation a friend of mine is having at the moment. 

She lost her job in January 2009 and as a highlight of this, she has still not managed to find any work. Having a mortgage on her house, she decided that she would sell the property as she could no longer afford to keep it. The problem is, due to the poor state of the country and the housing market, she has been unable to sell it. 

The insurance she had to cover her in the event of job loss, has stopped and she has had to sell most of her possessions to try and pay the mortgage. Her only income is Job Seekers Allowance, as housing benefit is not paid for those who have a mortgage. 

She is now living in what can only be described as a shell of a house, with no furniture, no possessions and no car, as she could not afford to keep it. 

The only option available to her now is bankruptcy, but she is in such a poor state, that she can not afford to go bankrupt. She is being hounded by debt collectors and threatening letters coming through her door and her health is suffering because of it. The person she was, is long gone and all the life she had in her has been extinguished and it is certainly not through a lack of trying to get another job! She is the same as me when it comes to searching for work. Spending all her spare time applying for work, but getting no response back. 

The thing is, a lot of the stress and worries she currently has, is through the debts she can not afford and the hounding she is receiving. 

She has made enquiries about bankruptcy, but the fees which are charged for this are extortionate for someone who already has financial difficulties. The money she receives from her J.S.A, is barely enough to keep her going as it is and she just can not afford to put that money away to save up to go bankrupt. 

Debt Relief Orders

In April 2009, Debt Relief Orders were introduced and were  designed to help those in financial difficulties with less than £15,000 of debt and less than £300 in assets. 

The problem with these D.R.O's is they include all assets….even a pension which you may not be entitled to for many years. In doing so, it automatically eliminates people from being able to apply for a D.R.O and leaves them with no alternative except to go for bankruptcy or wait for the bailiffs to eventually turn up. 

This idea which was designed to help people in real financial hardship with spiralling debts is actually no good should you have been made redundant and are not able to receive your pension for another 30 years!

The issues regarding removing pensions from the application for a D.R.O should be addressed immediately and help ease personal financial debts which are fast becoming out of control. 

Why is this idea important?

In April 2009, Debt Relief Orders were introduced and were  designed to help those in financial difficulties with less than £15,000 of debt and less than £300 in assets. 

The problem with these D.R.O's is they include all assets….even a pension which you may not be entitled to for many years. In doing so, it automatically eliminates people from being able to apply for a D.R.O and leaves them with no alternative except to go for bankruptcy or wait for the bailiffs to eventually turn up. 

This idea which was designed to help people in real financial hardship with spiralling debts is actually no good should you have been made redundant and are not able to receive your pension for another 30 years!

The issues regarding removing pensions from the application for a D.R.O should be addressed immediately and help ease personal financial debts which are fast becoming out of control. 

Housing, Benefits & Jobs

Having had the misfortune of being made redundant through ill health last November and also being made homeless for part of this year, I have had to hunt high and low for somewhere to live and it has been far from being easy!

The biggest problem with being unemployed, is the simple fact that a great many landlords do not accept DSS tenants. Look at most adverts for property that is available to rent and you will see the words NO DSS attached to the end of the advert. 

Having researched the problem myself, I have discovered that there is a serious level of discrimination towards those who are unfortunate enough to have lost their jobs through no fault of their own.

Your government may be looking to cut benefits in order to reduce the national debt, but for someone like myself who is desperate to get back in to work and also done their damned hardest to get off the street, benefits are vital until new employment can be found. By councils delaying benefits or constantly messing people around, they are adding even more stress to what is already a difficult time.

Yes, the benefits system needs a re-think and yes, there are people who abuse it, but there are a hell of a lot of people who need it, that are struggling to survive! 

I am on Job Seekers Allowance of £65 per week. £7.65 per week  is deducted from that because I had no choice except to apply for a Social Fund Loan in order to be able to get the house I am now living in. This leaves me with just over £57 a week to survive on. Once I pay for electric, gas and food, I am left with virtually nothing. I do not own a television and even if I did, I would not be able to afford a licence! I have no car, and yet again if I did, I could not afford to run it! 

What I am asking is that the government start to look at the reasons why the people on DSS are struggling to find employment…. is it because of a lack of jobs? A lack of skills? There could be any number of reasons. 

In my particular case, I was made redundant through ill health last year, since making a recovery, I have applied for over 180 jobs since March this year. Out of the 180 jobs I have applied for, I have had exactly 8 letters telling me I was not suitable for the position or was not qualified enough and I have been asked to one (1) interview! The rest I have not heard anything from! So as a part of looking at the reasons why people are struggling to find employment, look at the jobs which are being advertised! 

I have been registered with Jobs Today, Monster and several other websites. Since registering, I have checked them daily and all I see is a repeat of the same adverts by the same companies with very little difference elsewhere. Many of these companies when you read their adverts often talk about career prospects within the company and how you can advance through the ranks. If this is the case, how come so many of the companies advertising these claims of fabulous career prospects are advertising elsewhere…why are they not promoting their current staff to the managerial jobs which dominate the Jobs website pages and replacing the staff who are promoted?

Why is this idea important?

Having had the misfortune of being made redundant through ill health last November and also being made homeless for part of this year, I have had to hunt high and low for somewhere to live and it has been far from being easy!

The biggest problem with being unemployed, is the simple fact that a great many landlords do not accept DSS tenants. Look at most adverts for property that is available to rent and you will see the words NO DSS attached to the end of the advert. 

Having researched the problem myself, I have discovered that there is a serious level of discrimination towards those who are unfortunate enough to have lost their jobs through no fault of their own.

Your government may be looking to cut benefits in order to reduce the national debt, but for someone like myself who is desperate to get back in to work and also done their damned hardest to get off the street, benefits are vital until new employment can be found. By councils delaying benefits or constantly messing people around, they are adding even more stress to what is already a difficult time.

Yes, the benefits system needs a re-think and yes, there are people who abuse it, but there are a hell of a lot of people who need it, that are struggling to survive! 

I am on Job Seekers Allowance of £65 per week. £7.65 per week  is deducted from that because I had no choice except to apply for a Social Fund Loan in order to be able to get the house I am now living in. This leaves me with just over £57 a week to survive on. Once I pay for electric, gas and food, I am left with virtually nothing. I do not own a television and even if I did, I would not be able to afford a licence! I have no car, and yet again if I did, I could not afford to run it! 

What I am asking is that the government start to look at the reasons why the people on DSS are struggling to find employment…. is it because of a lack of jobs? A lack of skills? There could be any number of reasons. 

In my particular case, I was made redundant through ill health last year, since making a recovery, I have applied for over 180 jobs since March this year. Out of the 180 jobs I have applied for, I have had exactly 8 letters telling me I was not suitable for the position or was not qualified enough and I have been asked to one (1) interview! The rest I have not heard anything from! So as a part of looking at the reasons why people are struggling to find employment, look at the jobs which are being advertised! 

I have been registered with Jobs Today, Monster and several other websites. Since registering, I have checked them daily and all I see is a repeat of the same adverts by the same companies with very little difference elsewhere. Many of these companies when you read their adverts often talk about career prospects within the company and how you can advance through the ranks. If this is the case, how come so many of the companies advertising these claims of fabulous career prospects are advertising elsewhere…why are they not promoting their current staff to the managerial jobs which dominate the Jobs website pages and replacing the staff who are promoted?