Looking for advice please don’t shoot us down please.
Im looking at a farm to rent 100 acres fbt 7 years.
have always farmed and have other businesses as a sideline.
ive quite a major issue and not sure if I’m going to ever be able to have our own holding. Was involved in a car accident 3 years ago and a creditor sent me insolvent. (Don’t really want to get into that on a forum) but
was discharged 12 months after and it’s kind of behind me now apart from credit file.
we have no borrowed money or finance.
the wife has a good credit file couple missed payments but that’s all more from forgetting to pay than not been able to pay.
we have circa 180k clear money to invest and don’t need to borrow anything own most of the gear needed except a tractor.
just wondering if anybody has any experience of fbt and bad credit.
Not a ideal situation I know but life is life and s##t happens.
Any ideas helpful thanks.
Im looking at a farm to rent 100 acres fbt 7 years.
have always farmed and have other businesses as a sideline.
ive quite a major issue and not sure if I’m going to ever be able to have our own holding. Was involved in a car accident 3 years ago and a creditor sent me insolvent. (Don’t really want to get into that on a forum) but
was discharged 12 months after and it’s kind of behind me now apart from credit file.
we have no borrowed money or finance.
the wife has a good credit file couple missed payments but that’s all more from forgetting to pay than not been able to pay.
we have circa 180k clear money to invest and don’t need to borrow anything own most of the gear needed except a tractor.
just wondering if anybody has any experience of fbt and bad credit.
Not a ideal situation I know but life is life and s##t happens.
Any ideas helpful thanks.