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T O P I C R E V I E W
ian.04
Posted - 28 April 2010 : 09:10:10 CAN YOU TELL ME WHAT COMPLICATIONS THERE ARE WITH GOING BANKRUPT FOR SECOND TIME WAS DISCHARGED FROM BANKRUPTCY OVER 5 YEARS AGO NOW AS WE ONLY HAVE £90 LEFT AFTER BILLS SO MY DEBTS GETTING OUT OF CONTROL ANY ADVICE BE GREAT FULL
1 L A T E S T R E P L I E S (Newest First)
Bridgewood
Posted - 28 April 2010 : 09:38:26 Hi Ian
Generally there is now no difference between a first and second bankruptcy, as long as you have already been discharged from your first one.
The exceptions are if your first bankruptcy resulted in a Bankruptcy Restriction Order/Undertaking or if you haven't been discharged for any reason.
There were slightly different rules if your first bankruptcy was before April 2004, but I think its all the same now.
The OR may look a bit closer at how and when your debts arose, but the rules re discharge etc are the same
Hope that helps
Bridgewood specialise in helping people deal with their debts and make the most of their financial situation - providing free, no obligation debt advice.
