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T O P I C R E V I E W
e_m
Posted - 01 August 2008 : 22:47:15 ive just been made bankrupt, can it be reversed
4 L A T E S T R E P L I E S (Newest First)
Suzanne
Posted - 04 August 2008 : 09:11:36 Hi e m
In addition to the two that John mentioned, you can also enter a post bankruptcy IVA if you have sufficient income or assets to make an offer to creditors.
Posted - 02 August 2008 : 02:40:49 Hi e_m, yes it can be annulled for 2 reasons. If you were proven to have wrongfully been made bankrupt by a creditor. Or if you should acquire sufficient funds to pay off all your debts in full, plus the OR's fees plus the trustee's fees.
Posted - 01 August 2008 : 23:15:05 Hi e_m, I'm quite new to this but i believe it can be under certain circumstances. I'm sure someone knowledgeable will be along to answer soon xx