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Nutty Nora

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  1. We're the same.... determined not to get too bogged down by it all... To be honest when it all ended it was a huge relief... We're determined that no matter what...we dust ourselves off and start again. An invaluable life lesson for our kids!!! We never give up... it's our house mantra!!!
  2. [quote user="AnOther"]Not sure but I think, like in UK, to rent in France you will have to provide references ? Good luck in putting it all back together, there is no real stigma attached to a failed business and I'm sure in the current climate you are not alone. In the US they seem to regard it as a rite of passage, a few heroic failures behind you before you hit the motherlode ! Moving to France is a massive step although if you do have a secure job here it obviously makes a new start a lot easier. [/quote]  References for renting properties will not be a problem... we rented before and we're currently in rented property (we're exemplary tenants as our current landlord put it!!!) We can provide glowing references there. I hear what you say about rite of passage tho :-) and hopefully this is the case with us!! I'm sure I read some where that 80% of self made millionaires have been bankrupt at least once on their way up!
  3.  We were made bankrupt in court...as is usual practice. We instigated this process ourselves is what I meant... we were not forced into bankruptcy by the bank/other creditors as can sometimes be the case. We have dealt with both an insolvency practitioner and official receiver and the sharks who buy the debt off the official receiver and then hound the living daylights out of you with heavy threats of further court action if you dont pay them money. Very intimidating and frightening I guess for some people. Luckily the official receiver was very decent when approached for advice. Velcorin, you simplify things by stating that the case is closed after 12 months. This is not always the case. And i dont believe life simply returns to normal... As i understand it we shall struggle to gain credit for 6 years. As soon as anyone spots the notes on Experian we'll be dropped quicker that a hot rock!! I very much appreciate your advice re the situation in France... sounds about the same as over here in relation to bank account then.. Our situation isn't any worse in France from a financial point of view I had just hoped it might be slightly better...  I'm so glad I discovered this website... your warts and all opinions and experiences and advice has knocked off my rose-tinted specs so that I see things for how they are straight from the horses mouth :-) Thanks again for your input!
  4. Thanks for the reply Sprogster...  Life is indeed in limbo for us... We were looking to rent in France for the first few years anyhoo so it doesn't affect anything there. As undischarged bankrupts do you think we will find it difficult to open a bank account in France? It really is soul destroying to have lost everything and then be treat like some kind of leper that no-one wants to touch. We're not ones for giving up that's for sure.. so will continue in our quest to find a better life for us and our children. Thanks again for your reply
  5. Hi My husband and I declared ourselves bankrupt following the collapse of our business and the loss of everything associated with it... (house, cars, credit, sanity) We are looking for a fresh start hopefully in France but wonder how the bankruptcy will affect us there? We will have the ability to support ourselves as my husband will be working (UK employer with base in France) and earning a very decent wage. We are keen to get back onto the property ladder and wonder are we to be scrutinised and penalised in France as we are in UK? We are very decent law-abiding people with 3 children...we just want to start afresh with out the stigma of feeling like criminals because we lost our business
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