Steve Thatcher
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A new documentary appears tonight on RTE 1 at 8.30 called Taking Care of Business. There is a rumour that the episode I filmed on going bankrupt in the UK UK will be screened on 8th or 15th August. No idea what it looks like, or how the topic is to be treated but I hope it treats the the process with some sympathy.
Anyway, its a heads up for everyone interested in this topic and I hope you and others get something from it.
Steve Thatcher
www.irishbankruptuk.com
I have been told this is now going out on 8th August 8.30
the advisors seemed genuinely surprised the client decided not to go down the bankruptcy route - .
writing books about how to deal with debt?
I would also be interested to see if subsequent to filming he changed his mind and decided to head for the UK.
the Bank in question weren't named and obviously didn't allow the program producers to allow them to be named.
And this program tonight displayed the Irish banking theory is not to let anyone off the hook, unless they export themselves to the UK.
What the program did display is after 5.5 years, we have all learned nothing and it really is a case of 'Your money or your life.' Irish Banks want both.
Brendan, whilst I know the devil is in the detail and the bona fides of paying something as opposed to nothing is a matter of principal in how one deals with monies owed, in this case I felt it was irrevelent as he could never make a dent in the outstanding debt once the assets were sold. So in that respect i felt it made little difference to the story.
Perhaps you thought it would shed light on the Banks behaviour.
Steve
That is so frustrating to hear that.
A much better programme would have been to have you and an Irish insolvency practitioner advising him, although I assume that you would recommend a PIA or DSA if you felt it more appropriate than UK bankruptcy.
Brendan
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