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T O P I C    R E V I E W
paulgm_2000 Posted - 25 September 2010 : 08:55:08
Hi, another question from me sorry.

Petitioning my own bankruptcy on monday(meant to be friday but had problems with the forms).

1. I've owned 3 limited companies over the last five years and have listed them on the forms. Is it likely that I will have to provide all the accounts for all of these companies? I'm not sure if I still have all of them because of a computer failure last year.

2. When I go bankrupt how long does it normally take for the OR to complete their investigations? i.e. when can i stop worrying and get on with my life.

Been worried my BROs/BRUs, IPA's. Don't i've done anything wrong but that's up to OR I guess??

Thanks for your help
2   L A T E S T    R E P L I E S    (Newest First)
paulgm_2000 Posted - 25 September 2010 : 09:33:16
Hi,

All 3 companies were limited.

Debts were mainly for a company that went out of business three and a half years ago. I took out lots of personal borrowing to try my best to save the company and keep paying my creditors and staff.(credit cards, loans, etc).

I still had another company to fall back on at the time and then entered into a DMP for 18 months and IVA for the last 2 years. That company failed last year for which I was a personal guarantor on Premises lease, Business Overdraft and Lease contract.
debtinfo Posted - 25 September 2010 : 09:15:16
The accounts will all be on companies house if they have been filed correctly

Basically it takes as long as necessary

Have you only traded through liited companies, what are your debts mainly for

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