All Forums  archive  Forum Questions  Recovering debt after bankruptcy ?

Note: You must be registered in order to post a reply.
To register, click here. Registration is FREE!

Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by mattyw[/i] [br]Hi, Pre bankruptcy we used Close Invoice Finance. They never paid anything against our our biggest debtor as there was recripocal trading and this could mean a contra agreement.However, they said we were obliged to submit the invoices to them anyway. On bankruptcy we were owed approx £100,000 and we owed our customer £60,000. However, months after bankruptcy went through, Close Invoice went after the debtor and recovered the debt. The trustee never went after Close Invoice to recover any of our debt and claiming that Close Invoice said there was no money left in the 'pot' and they used the £100,000 to cover their losses , but all our other debtors were 100% reputable and i cany see why Close Invoice could have any shortcomings ? Are they allowed to recover debt after bankruptcy ? thanks [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.