Having faced £2.5 million of debts and possible financial ruin, the Men Behaving Badly and Waterloo Road star has left his frivolous days behind him and now promises to pay back every penny which he currently owes to his creditors.
Previously branded commitment-phobe, Neil Morrissey is half way through a three year IVA voluntary repayment plan of over £1 million. His debts arose after his hotel and pub business, which he had built up over the course of a decade, collapsed.“At one point it was so bad, I could have lost the shoes I was standing up in,” he told the Sunday Mirror. “But everyone has had those feelings at one time or another. I just had to pick myself up and get on with it. I had to sit down with the creditors and have a realistic chat about what I could afford to repay.“There was a certain amount of managerial neglect that left a huge amount of debt,” he added.“Hopefully, I’ve proved that I can do it and in 18 months I’ll be debt free. It’s a question of keeping your eye on the end of the tunnel.”Neil has thanked his lawyer girlfriend Emma for his turnaround. Before he finally settled down with her, he had been widely known as somewhat of a ladies’ man who resented being tied down.Now, alongside his commitment to finally rid himself of debt, Neil is taking part in Colgate’s Keeping Britain Smiling campaign, which promises to donate £100,000 to Barnardo’s children’s charity if they get one million ‘smiles’ on their Facebook page.Manchester debt firm is liquidated owing creditors over £2.2m
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