Skip to main content

Once were warriors NZ movie author almost bankrupt

Author Alan Duff of Once were warriors fame has admitted to a New Zealand court that he will not be able to pay back the $NZ3.6 million ($A2.87 million) he owes creditors over a failed property venture.

Alan duff almost bankrupt

The man behind the famed Once Were Warriors story that propelled New Zealand's gang culture onto the world stage is in financial ruin. Alan Duff (born October 26, 1950, Rotorua, New Zealand) is a New Zealand novelist and newspaper columnist, most well known as the author of Once Were Warriors.


Buy Once were warriors Dvd from amazon

Once were warriors author in debt

The Dominion Post questioned why Duff, now based in France, was driving a Lexus and playing golf at one of the country's most prestigious golf clubs during his summer visit home, but Duff insists he is not spending recklessly.
It is a big fall from grace for Duff who wrote the acclaimed best-selling novel Once Were Warriors, a violent love story adapted for a hard-hitting 1994 movie of the same name.
His response to his excesses
The car was on loan from a friend, the membership was cheap and he was living within his frugal means, Duff told the newspaper.

"If I was running around in flash gear and wining and dining, flying business class, fair enough. But I'm not."

He admitted it was "excruciating" owing so much money and had this message for his creditors: "I'm sorry I got into business".
"I just wasn't good enough. Everyone got paid until everything turned to custard and down I went."
once were warriors now bankrupt

The author also appears to be struggling in other ways, with the Post reporting that his two most recent books have sold just 2,746 copies between them, according to Neilsen data.
Duff said the figures were "way out".
Once Were Warriors is New Zealand author Alan Duff's bestselling first novel, first published in 1990. It tells the story of an urban Māori family, the Hekes, and portrays the reality of domestic violence. It was the basis of a 1994 film of the same name, directed by Lee Tamahori and starring Rena Owen and Temuera Morrison which made its US premiere at the Hawaii International Film Festival. The novel was followed by two sequels, What Becomes of the Broken Hearted? in 1997 and Jake's Long Shadow in 2002.
Links
Buy Once were warriors Dvd from amazon
http://en.wikipedia.org/wiki/Alan_Duff
http://en.wikipedia.org/wiki/Once_Were_Warriors_(film)

Comments

Popular posts from this blog

Fashion chain Lisa Ho in Australia in administration

Who is Lisa ho ? Lisa Ho is an Australian fashion designer born in Albury, on the New South Wales and Victorian border. She is married to Philip Smouha. Wikipedia   Lisa Ho Designs is the latest Australian retailer to fall in financial trouble , with the high end fashion chain placed into administration last week.     Dressed in a black outfit, a stony-faced Ms Ho faced creditors yesterday for the first time since the business that she founded 30 years ago was placed into administration earlier this month. It is understood she did not address the creditors.   Administrators appointed for fashion house   Financial firm HLB Mann Judd has confirmed it was appointed as administrator of the high-end fashion chain last Wednesday. The administrator will sift through the company’s assets  and liabilities and look for a suitable buyer. A creditors’ meeting is scheduled for May 20, and in the meantime all 10 stores will reportedly continue to trade.   The

Boat and House repossessed by Recievers Kordamentha for saville group MD Sam Cheir

KordaMentha as the receiver of the failed Saville Property Group is divesting both the company's assets and those owned personally by principal and MD Sam Cheir. Property developer Saville Australia has become the latest casualty of the global credit squeeze, with managing director and owner Sam Cheir losing the company’s final asset, its CBD headquarters, and his own home and luxury boat to the banks. A luxury yacht of his has been repossessed Repossessed Luxury Boats The luxury 25-metre cruiser, a Sunseeker Predator 82 for which he is believed to have paid about $7 million several years ago, has been repossessed by a finance company and is also up for sale The various projects of the Saville Australia property development arm are being sold off, along with its headquarters Repossessed Home A debt to Bank of Queensland will be paid after the record-breaking sale for the residential property market in Perth of Cheir's home for $A8.5m Mr Cheir’s repossessed Georgian-styl

How to get a cheap Bank repossession properties ?

It would appear that repossesions are a good way to get a property under current market value, however how would you find out about them ? Is this information available to all of us ? Is the purchase any different because it's a repo ie are lenders a bit more wary ? Solutions : If it property is being reposessed the seller (mortgage company) also considers the speed of sale - if they "could" get a higher price with another buyer they will also consider how quickly the sale could go through. Therefore some latitude is given to agents in what offer is accepted (eg an agent can say that buyer "x" is well known to them and can proceed quickly. Buyer "b" offered 10k more but is an unknown quantity. Bank Repossesion Houses List Database These days repo's don't really go much cheaper we had one only 3 months ago and it went well over asking price. If you were to ask an agent to give you a call when one is available its very r