BS: Bankrupt ? dammmm

Subject: RE: BS: Bankrupt ? dammmm
From: jacqui.c
Date: 26 Aug 10 - 10:57 AM

Good luck Skarpi - I know that you will get past this.

Subject: RE: BS: Bankrupt ? dammmm
From: Rapparee
Date: 25 Aug 10 - 11:29 PM

And remember, the worst Icelander is better than they are.

Subject: RE: BS: Bankrupt ? dammmm
From: Rapparee
Date: 25 Aug 10 - 09:46 PM

Skarpi,

No one has to do anything to them. Skömm þá. And if they ever return or can be extradited, arrest them.

Subject: RE: BS: Bankrupt ? dammmm
From: Rob Naylor
Date: 25 Aug 10 - 08:16 PM

Hey, Skarpi!

I didn't *actually* officially go bankrupt, but I did end up in huge debt which took me years to clear.

I had my own company with 8 employees. We had a downturn. Stupidly, I increased the overdraft with the bank secured on my home and tried to keep the business going. For almost 2 years I took nothing out of the business but lived on what we'd put by, and kept all the employees on, hoping for an improvement. It never happened and eventually I had to close the company and triple my mortgage to cover the secure overdraft on the business.

Then I worked out of my spare bedroom for 2 years, barely keeping head above water, but the bank tried to force me to change my *personal* overdraft to a loan at much less favourable rates. I had a big argument with the manager who I accused (correctly) of not wanting to help me, but purely to meet her quarterly target for selling loans. There's a long story to follow, but out of spite the bank got a Court Judgement against me for the overdraft. They didn't need to...I paid off the balance 3 days after the Judgement, but the bank had been inflexible about delaying the case.

Upshot (and this was deliberate from the bank manager) was that my credit rating was destroyed, my credit cards were, one after the other, called in and cancelled, I wasn't able to get normal credit anywhere, could only get a "cash account" at a bank and the only credit card I could obtain was for a very low limit at a very high interest.

For 4 years after that we lived hand to mouth. Almost no social life. Minimal spending on anything. No new clothes. Shopping the hour before the supermarket closed to get the items that were going out of date at a big discount, etc. I had to sell almost all of the optical instruemnts I'd collected over the previous 20 years, and most of the old books I'd collected, sometimes literally so that I could put fuel in the car to visit a client, and a couple of times to make sure we paid *something* off the mortgage. Rebuilding a business with no loans or overdraft and expanding purely using profits was a struggle.

BUT, two years ago my co-shareholders and I sold out our carefully built new business to a multinational. As the smallest shareholder, I didn't make a mint of money, but I made enough to put us approximately back in the position we'd been in before the first company went down.

It took 6 years after the first company collapse to get to the point where we could, eg, go out for a meal in a restaurant, or take a vacation. In the first 4 years I had a total of 16 days holiday (that's over 4 years, not per year) and worked most weekends. BUT..........WE GOT BACK ON OUT FEET, which is the whole moral of this story.

The months after my first company collapsed I was in total despair. I just didn't see how we were ever going to get out of the situation. It was the blackest period of my life. I felt like giving up several times, BUT WE CAME THROUGH IT.

So don't give up, don't EVER give up...you CAN and WILL rebuild your life! Good luck!

Subject: RE: BS: Bankrupt ? dammmm
From: ClaireBear
Date: 25 Aug 10 - 07:42 PM

{{{{Skarpi}}}}

You are a bright spirit, Skarpi. I see triumph in your words.

Subject: RE: BS: Bankrupt ? dammmm
From: GUEST,Guest from Sanity
Date: 25 Aug 10 - 07:25 PM

Skarpi: "whats gone is gone , whats done its done .
I am 46 years old still young enough to do lot of things .
so on we go :O) "

Atta boy!!!!, You'll make it!!!

GfS

Subject: RE: BS: Bankrupt ? dammmm
From: skarpi
Date: 25 Aug 10 - 06:59 PM

those men who did will be free , until some one takes a riffle or a knife and take them down , some one who has nothing to loose .

its not gonna be me , I am gonna start a new life , take a new path
in my life .

whats gone is gone , whats done its done .
I am 46 years old still young enough to do lot of things .

so on we go :O)

all the best Skarpi

Subject: RE: BS: Bankrupt ? dammmm
From: Rapparee
Date: 25 Aug 10 - 06:55 PM

Maybe the statue could be bags of money and their names engraved on it.

Subject: RE: BS: Bankrupt ? dammmm
From: Little Robyn
Date: 25 Aug 10 - 03:57 PM

Hang in there Skarpi.
You need to keep good health - I've learnt that's most important!
Now, breath iiinnnn, hold it, and breath out slowly.
Now, does that feel a little better?
All the best from NZ, where things are going the same way.
Robyn

Subject: RE: BS: Bankrupt ? dammmm
From: skarpi
Date: 25 Aug 10 - 02:55 PM

aldrei að gleyma hvað þeir gerðu okkur á Íslandi .

Subject: RE: BS: Bankrupt ? dammmm
From: fat B****rd
Date: 25 Aug 10 - 02:45 PM

Good luck, Skarpi. Take good care.

Subject: RE: BS: Bankrupt ? dammmm
From: Rapparee
Date: 25 Aug 10 - 02:42 PM

Vous pouvez rendre la langue meilleure.

Subject: RE: BS: Bankrupt ? dammmm
From: gnu
Date: 25 Aug 10 - 02:23 PM

All right smarta... leck. Translation?

Subject: RE: BS: Bankrupt ? dammmm
From: Rapparee
Date: 25 Aug 10 - 10:53 AM

Skarpi, put up a statue of these guys, each one holding a bag of money. Then inscribe their names on the base along with

Aldrei Alltaf Gleyma Hvaða Þeir Hafa Til Ísland!!

You can make the language better.

Subject: RE: BS: Bankrupt ? dammmm
From: The Barden of England
Date: 25 Aug 10 - 05:02 AM

My heart goes out to you and your fellow countrymen Skarpi. You WILL rise again - stronger and wiser. Of that I'm sure. My best wishes to you.
John Barden

Subject: RE: BS: Bankrupt ? dammmm
From: GUEST,Guest from Sanity
Date: 25 Aug 10 - 04:26 AM

Resolve to be back here, and when you can, DO!!

We are all targets....and meanwhile, some of us insist on the 'merits' of our bought-off political leaders(?).

You ARE and WILL be in my mind, and am beaming to you an opening!
As a collective consciousness, let's ALL do it!!!! We can beat the enemy!!!..PLEASE!!!!!

Warmest Regards,

Guest from Sanity

Subject: RE: BS: Bankrupt ? dammmm
From: alanabit
Date: 25 Aug 10 - 03:59 AM

Skarpi, you will be sleeping right again soon. The person you would not want to be is one of those bankers, who stole all the loot and never had to put anything back. The best things about you are the ones, which no one can take away.

Subject: RE: BS: Bankrupt ? dammmm
From: Sandra in Sydney
Date: 25 Aug 10 - 03:36 AM

best wishes -

love from sandra

Subject: RE: BS: Bankrupt ? dammmm
From: artbrooks
Date: 25 Aug 10 - 01:16 AM

I hnope to still see you at the Getaway.

Subject: RE: BS: Bankrupt ? dammmm
From: Rapparee
Date: 24 Aug 10 - 10:13 PM

I've messed with the words a bit, Skarpi:

Come all brother tradesmen that travel along;
Oh, pray come and tell me where the trade is all gone.
Long time I have traveled and cannot find none,
And it's,

Cho: Oh, the hard times of Old Iceland,
In Old Iceland very hard times.

Provisions you buy at the shop, it is true,
But, if you've no money, there's none there for you.
So, what's a poor man and his family to do?
And it's,

If you go to a shop and you ask for a job,
They will answer you there with a shake and a nod;
So, that's enough to make a man turn out and rob.
And it's,

You will see the poor tradesman a-walking the street
From morning till night, for employment to seek,
And scarcely they've got any shoes to their feet.
And it's,

And now to conclude and to finish my song,
Let us hope that these hard times they will not last long;
I hope soon to have occasion to alter my song.
And it's,
Oh, the good times of Old Iceland,
In Old Ice-ah-land jolly good times.

Subject: RE: BS: Bankrupt ? dammmm
From: gnu
Date: 24 Aug 10 - 08:15 PM

Resurgo!

Subject: RE: BS: Bankrupt ? dammmm
From: skarpi
Date: 24 Aug 10 - 07:55 PM

we are singing through the hard times :O)
já við syngjum gegnum lífið .

kv Skarpi ,
P.s , no its no shame ....we will rise again :O) stronger than ever .

Subject: RE: BS: Bankrupt ? dammmm
From: Maryrrf
Date: 24 Aug 10 - 07:40 PM

Skarpi, I am so sorry to hear this, but as others have said, you will get through this. There is no shame in declaring bankruptcy-it has happened to several people that I know. The world economy went into a tailspin and so many people got caught up in it...

Subject: RE: BS: Bankrupt ? dammmm
From: The Fooles Troupe
Date: 24 Aug 10 - 07:39 PM

Best wishes - Hang in there Skarpi !

Subject: RE: BS: Bankrupt ? dammmm
From: maeve
Date: 24 Aug 10 - 07:33 PM

We're thinking about you, my friend. Hard times all around. It makes for good songs.

maeve

Subject: RE: BS: Bankrupt ? dammmm
From: ragdall
Date: 24 Aug 10 - 06:50 PM

Skarpi,
Life is not fair, neither is capitalism. I'm sorry that you're one who was hurt by it. I hope that conditions will improve and that you'll be able to rest securely again.

rags

Subject: RE: BS: Bankrupt ? dammmm
From: wysiwyg
Date: 24 Aug 10 - 06:40 PM

Skarpi, it is true that we only get one life. But the good news is-- it's a brand new life, every morning. We get one life at a TIME.

~Susan

Subject: RE: BS: Bankrupt ? dammmm
From: gnu
Date: 24 Aug 10 - 06:18 PM

Engineering work is down all over North America. The "global" companies have established "offices" in cities like mine which have two local and licensed engineers owning a franchise type operation. They bid on jobs cheap and the engineering is done at the head office... maybe Toronto, maybe Barbados, maybe Delhi, etc.

I am looking at other avenues myself. As an engineer with a Master's Degree, I may be a greeter at Walmart because I fit the profile. Or move to China where Walmart begins. Maybe I could work for the Chinese here after they buy the country... they are in the process of buying it.

Still, I am far better off than skarpi... for now.

Subject: RE: BS: Bankrupt ? dammmm
From: olddude
Date: 24 Aug 10 - 06:17 PM

My dear friend. I know so many people this happened to. The economy of the world is just nuts anymore. But I will tell you this. It is impossible to keep a good person and a person as smart as you down for long. You will re-group .. you will come back with a plan stronger. And it will work for you. That I have also seen many times .. Life will not keep good people down for long .. they bend, they don't break. Everything happens for a reason .. this one seems to suck right now but I am sure it will be fine .. I am sure of it

Subject: RE: BS: Bankrupt ? dammmm
From: SINSULL
Date: 24 Aug 10 - 06:00 PM

Skarpi,
I just learned of a couple from Utah living in Maine in a car with their five schildren. Long, sad story. He is an engineer but can't find work. From middle class to homeless in about six months.
Hang on to your loved ones, This will pas, I promise. I have seen it too often not to know it will pass.
Mary

Subject: RE: BS: Bankrupt ? dammmm
From: skarpi
Date: 24 Aug 10 - 05:48 PM

well all , thanks , and yes I will rise again ..
but its a shame that the people ( bankers and investors ) who
but this nation on the head ,are still walking around you all
in UK London like nothing have ever happened ? can´t understand this .
They stole alot of money from people in Iceland , UK and Holland
and are walking free , if I steal one ltr of milk I will be taken into jail right away ....what a shame ....

well up up my soul , up up my mind , up up my body and up up my health .

hohoho its almost christmas ...:O)

all the best Skarpi

Subject: RE: BS: Bankrupt ? dammmm
From: gnu
Date: 24 Aug 10 - 05:48 PM

skarpi my dear friend. I have no words. Only my feelings of sadness that this has happened to you. You are a good man, in all respects and I have enjoyed our friendship from the first post.

I know you will get through this. I just know you will be okay.

Bless.

Gary

Subject: RE: BS: Bankrupt ? dammmm
From: Ebbie
Date: 24 Aug 10 - 05:43 PM

I echo what everyone else is saying. Hang in there, Skarpi. The wheel does turn and it grinds slow but it grinds fine...

Subject: RE: BS: Bankrupt ? dammmm
From: GUEST,999
Date: 24 Aug 10 - 05:07 PM

God must have liked poor people. That`s why he made so many of them. (Thanks, Mr Twain.)

Subject: RE: BS: Bankrupt ? dammmm
From: Lizzie Cornish 1
Date: 24 Aug 10 - 04:45 PM

Oh..and a big hug and kiss for you, Skarpi. :0) (((XXX)))

Subject: RE: BS: Bankrupt ? dammmm
From: Lizzie Cornish 1
Date: 24 Aug 10 - 04:44 PM

You'll get there again, Skarpi..you'll get there...

And look on the bright side, you can now eat LOADS of chocolate to put those pounds back on again...

I've got a good friend of mine who's in the same position, she's about to go bankrupt any minute...But the worst part is that bit..Once you're through that, it's up from then on...bit by bit, step by step...

Bobert, you have it so right..The New World Order...but, did they take into account The New World Anger, I wonder? Over on Facebook it's growing on a daily basis...

Subject: RE: BS: Bankrupt ? dammmm
From: Leadfingers
Date: 24 Aug 10 - 04:34 PM

Hang in there Skarpi !

Subject: RE: BS: Bankrupt ? dammmm
From: Bobert
Date: 24 Aug 10 - 04:32 PM

Think about it this way... Most evryone, with exception to the upper 5% who represent the new money hoarderinf class, is one major illness or one jog loss away from bankruptcy... It's the new economic world order where Boss Hog can extarct the most out of us by keepin' us in fear that we might loose everything if we step outta line fir just one minutes...

Sorry that you have become a victim, Skarpz, of the scheme...

Best of luck... Hey, it will pass...

B~

Subject: RE: BS: Bankrupt ? dammmm
From: John on the Sunset Coast
Date: 24 Aug 10 - 04:26 PM

Good luck to you, skarpi. The world economy is pretty much in the tank, and Iceland, I guess, has been hit probably harder than anywhere else.

We here know you will persevere and come out well on the other end, and may it be sooner than later.

Subject: BS: Bankrupt ? dammmm
From: skarpi
Date: 24 Aug 10 - 04:14 PM

Hallo all , sorry but I just had to say this uploud ...
it hurts to see everthing go away , the things you have build
and made by your own hands ....but maybe its time to take another turn
and go a new path ...

this has taken a toll from me , I am loosing some kg of my body and
I have not been able to sleep ...but I have manage to start all over
again it will take some time :O) so smile on the face and some good faith in the pocket and I ´ll be alright after some time .

so take care of you r self , you only got one life ..before ...

all the best Skarpi Iceland .