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T O P I C R E V I E W
debtrider
Posted - 01 June 2008 : 16:02:44 How long before the beneficial interest has to be paid once bankrupt.
debtrider
2 L A T E S T R E P L I E S (Newest First)
JulianDonnelly
Posted - 02 June 2008 : 11:50:04 Hi Debtrider,
This is quite a grey area with no definitive answer. The OR is likely to give you as much time as you need (within reason), but I would suggest keeping them in the loop as and when things develop.
this depends upon the Official receivers office and how busy they are. I have clients who went Br last September and are only now having the BI purchased by a family member.
In reality the third party has a little time to sort it out and get the money together
Paul Johns Assisted Bankruptcy Specialists Reviva UK www.revivauk.com