How do I Bankrupt Someone?

[Davo36]

Well things are getting a lot more SERIOUS for this guy, check out my blog entry on it: http://www.duganotherhole.com/?p=1321

[Davo36]

So now I've bankrupted this turkey.

Took nearly 2 years but got it done today in the high court.

[eri]

sad day to celebrate on so many levels

but cheers for a safer tomorrow

[Keys]

So now I've bankrupted this turkey.

What was the all up cost Davo?

[Davo36]

Around $4k Keys.

I had a couple of solicitors (had to change part way through) do it at good rates. So probably about $2.5k in solicitors fees and the other $1.5k in court fees, tracing costs etc.

The Serious Fraud Office are still investigating this guy. So it will be interesting to see what happens there...

[Davo36]

sad day to celebrate on so many levels

but cheers for a safer tomorrow

Indeed eri, but it had to be done. If no one takes action against these sorts of guys, then they just keep doing it.

[Perry]

But not many have the will, patience and
dosh to do what you've done, David.

[Davo36]

Well, I've never had the will before. It took a guy who just repeatedly pissed me off, stole from other people etc. And then one day he rang up and swore at me, my family etc. He also lied at the disputes tribunal hearing, saying I followed his wife around in my car and all sorts of crap.

So I decided someone had to stop him.

I do have the patience for these sorts of things. The courts don't make it easy either. Big parts of the 2 years are down to the courts stuffing things up, dates having to be reset and so on.

I really hope the SFO nails him.

[Davo36]

Got a creditors report on this guy and he owes $695k at least. Details on my blog: http://www.duganotherhole.com/?p=1431

[Ivan McIntosh]

http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11547386

[Perry]

Based on past events of a similar nature, the taxpayers will
get done by the IRD, rather than the said tax agent. Talk
about inequitable . . .

[Wayne]

yip - be careful who you trust!

[eri]

presumably he will be struck off

[PTILoveYou]

presumably he will be struck off

and plenty of jail time.

[Davo36]

presumably he will be struck off

He was never a chartered accountant. He was just an accountant.

Anyone can set up a business and call themselves an accountant. I could do it tomorrow.

But I can't call myself a Chartered Accountant... big difference which I didn't appreciate when I took him on as a tenant.