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Losing it all: a personal story of bankruptcy – Newsroom

Podcast: Two Cents’ Worth

When Christchurch bookkeeper and business owner Lisa Cowe was declared bankrupt in 2017, it was over a $6,200 credit card debt owed to the BNZ.

Cowe joined 1862 others in bankruptcy that year, many of them voluntarily making the move to clear their debts and attempt to start anew, free of the debt that had been weighing them down.

In bankruptcy, your slate of unpayable debts is wiped clean. For many, it is final relief after years of financial stress.

For Lisa Cowe it was different. She fought bankruptcy all the way, angered by her treatment at the hands of the banks she owed money to and the debt collectors assigned to pursue her for payment. It was also a matter of pride.

Subscribe to Two Cents’ Worth for…

Read the full article at: https://www.newsroom.co.nz/1230245/losing-it-all-a-personal-story-of-bankruptcy

Category: BankruptcyBy Insolvency GuardianJune 24, 2020

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Losing it all – a personal story of bankruptcy – Newsroom

Podcast: Two Cents’ Worth

When Christchurch bookkeeper and business owner Lisa Cowe was declared bankrupt in 2017, it was over a $6,200 credit card debt owed to the BNZ.

Cowe joined 1862 others in bankruptcy that year, many of them voluntarily making the move to clear their debts and attempt to start anew, free of the debt that had been weighing them down.

In bankruptcy, your slate of unpayable debts is wiped clean. For many, it is final relief after years of financial stress.

For Lisa Cowe it was different. She fought bankruptcy all the way, angered by her treatment at the hands of the banks she owed money to and the debt collectors assigned to pursue her for payment. It was also a matter of pride.

Subscribe to Two Cents’ Worth for…

Read the full article at: https://www.newsroom.co.nz/2020/06/15/1230245/losing-it-all-a-personal-story-of-bankruptcy

Category: BankruptcyBy Insolvency GuardianJune 14, 2020

Post navigation

PreviousPrevious post:ADHD debt help: Managing finances can be tough, but not unmanageable – MoneySenseNextNext post:ADB supporting business restructuring of Kazakhstan’s largest power generation company – MENAFN.COM

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June 1, 2025
WA producers hope Brownes Dairy will be purchased by an Australian buyer
June 1, 2025
Victorian Liberal MP John Pesutto fails to raise $1.5 million for Moira Deeming defamation; faces bankruptcy
June 1, 2025
Photovoltaics: Meyer Burger files for insolvency in Germany
June 1, 2025
Polkinghorne’s rule: Auckland’s Northern Club proposes to suspend members charged with criminal offences or declared bankrupt
June 1, 2025
Subpoenas issued after Builder.ai declares insolvency – MSN
May 31, 2025
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