mufc1959 wrote:One Cell sold his Bitcoins on 30 October for $309 each (an illegal act, as he was already bankrupt by then, no doubt someone will let the Trustee know ...)
Has anyone seen anything from our lad lately, he seems to have gone awfully quiet. Perhaps he's finding the official receiver to be a bit more of a challenge than he's used too.
littleFred wrote:If you've already viewed the 2-hour video Freedom from the Matrix he only posted yesterday, I take my hat off to you.
How lucky are we? two outstanding videos in two days
First we had Shaun the beret wearing buffoon, now wearing what looks like my nephews Bar Mitzvah suit we have Jimmy Ten Names!. I suppose if you include Wyld he really is eleven names?.
Anyway Lord bless the boy he has kindly given "someone" a wealth of information to spread far and wide.
What a STAR!.
PS VIDEO SAVED.
If people from Poland are called Poles Why are aren't people from Holland called Holes?
I noticed that Jimmy, in his speech, went by the moniker Jimmy Tennames. I think it would be worth someone pointing out to the OR that he uses multiple identities and may have made credit applications in those names. He also would likely have been paid something for his 'work' giving that talk.
I must confess I am interested in hearing about how Bankruptcy is affecting our lads lifestyle.
When they seize your bank accounts are the accounts 'Frozen' ( ie do direct debits etc continue to be honoured whilst there's sufficient funds or does it all get shut down?)
AndyPandy wrote:When they seize your bank accounts are the accounts 'Frozen' ( ie do direct debits etc continue to be honoured whilst there's sufficient funds or does it all get shut down?)
Stops there and then. Cards don't work, cheques bounce, DDs and SOs stop. I don't know if banks tell the Official Receiver (OR) they have some money or just leave the money there waiting for the OR to come along and claim it.
"There is something about true madness that goes beyond mere eccentricity." Will Self
AndyPandy wrote:When they seize your bank accounts are the accounts 'Frozen' ( ie do direct debits etc continue to be honoured whilst there's sufficient funds or does it all get shut down?)
Should be frozen. Any payments made to creditors are then controlled by the receiver, rather than have the bankrupt's remaining funds dissipated without regard to priority of debt.
"don't be hubris ever..." Steve Mccrae, noted legal ExpertInFuckAll.
AndyPandy wrote:When they seize your bank accounts are the accounts 'Frozen' ( ie do direct debits etc continue to be honoured whilst there's sufficient funds or does it all get shut down?)
Should be frozen. Any payments made to creditors are then controlled by the receiver, rather than have the bankrupt's remaining funds dissipated without regard to priority of debt.
So how do you make mortgage payments etc., also, where does any benefits / salary get paid into if the account's frozen?
AndyPandy wrote:When they seize your bank accounts are the accounts 'Frozen' ( ie do direct debits etc continue to be honoured whilst there's sufficient funds or does it all get shut down?)
Should be frozen. Any payments made to creditors are then controlled by the receiver, rather than have the bankrupt's remaining funds dissipated without regard to priority of debt.
So how do you make mortgage payments etc., also, where does any benefits / salary get paid into if the account's frozen?
A bankrupt is allowed to have a basic account with no debit card, cheque book or overdraft facility, just a card for withdrawing cash from ATM's. Salary, benefits etc would be paid into that.
AndyPandy wrote:So how do you make mortgage payments etc., also, where does any benefits / salary get paid into if the account's frozen?
You don't make payments, your creditors are your creditors. You can't pay them in preference to another creditor. Your benefit, wages whatever may well still get paid in to the account but the bankruptee (is that a word?) can't access them. You have to go and talk to the OR. This is why idiots like FOTLs don't realise how much of a problem they are in. At the point you are bankrupt you have to detail and total up all your debts and all your creditors, including the OR who will want paying for his work. You will be allowed money for living expenses but you are no longer in control of your finances. https://www.gov.uk/being-made-bankrupt
"There is something about true madness that goes beyond mere eccentricity." Will Self
AndyPandy wrote:When they seize your bank accounts are the accounts 'Frozen' ( ie do direct debits etc continue to be honoured whilst there's sufficient funds or does it all get shut down?)
Stops there and then. Cards don't work, cheques bounce, DDs and SOs stop. I don't know if banks tell the Official Receiver (OR) they have some money or just leave the money there waiting for the OR to come along and claim it.
Our lad is quiet on his Bankrupty proceedings & has turned his attention to the usual woo on goofy & has embarked on a "Colon style" delivery of speech (IMO this is what's happening blah blah) to persuade suckers to GIDF.
Oh the irony, One-Cell giving a 2hr presentation on becoming debt free & rid yourself from slavery with a Bankruptcy notice served upon him
