| T O P I C R E V I E W |
| hernandezdh |
Posted - 10 September 2008 : 22:44:19
How long does the process of declaring bankruptcy take? |
| 7 L A T E S T R E P L I E S (Newest First) |
| BankruptC |
Posted - 13 September 2008 : 22:11:18
Hi Sam,
BR is just an abbreviation for 'bankrupt' or 'bankruptcy'. The OR is the Official Receiver who will deal with your affairs during your period of bankruptcy. Is is his/her job to look back over your finances before you went BR and, among other things, to determine if you have enough money each month after all essential expenditure to repay your creditors an amount each month for up to 36 months.
I went BR on Weds and know how complicated it can all seem at first! Have a good read over some old posts on the forum as they should give you some good info.
I'm sure you'll have lots more questions though, so keep posting them and we'll be here for you!
Take care,
C. x |
| hernandezdh |
Posted - 13 September 2008 : 21:48:23
Thank you for your reply harbourmaster - it has been appreciated and useful. Regards Sam
quote:
Originally posted by harbourmaster
Hi there
I phoned the local court on 1st Sept to book an appointment, been this morning and was in court for 1hour 40 mins. With th ejudge for less than 5 mins.
Hope this helps.
Got an appointment with the OR on Monday morning. So whole process less than 2 weeks for us but others have to wait longer for the OR interview.
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| hernandezdh |
Posted - 13 September 2008 : 21:46:48
Many thanks for your reply Zamfir, could you tell me what BR is? Regards, Sam
quote:
Originally posted by zamfir
My local court work tues-fri for BR - I called the week before I wanted my hearing. Was in the court on Thursday, and had my interview the following Thursday.
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| hernandezdh |
Posted - 13 September 2008 : 21:44:30
Many thanks for your reply Suzanne, sorry to sound so dumb but what is an OR. Many thanks, Sam
 
quote:
Originally posted by Suzanne
Hi
It really depends on the work load at the court and the OR's office, and this varies depending on your area. It can take anything between 2 weeks to 2 months
Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
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| zamfir |
Posted - 11 September 2008 : 11:43:19
My local court work tues-fri for BR - I called the week before I wanted my hearing. Was in the court on Thursday, and had my interview the following Thursday. |
| Suzanne |
Posted - 11 September 2008 : 08:27:26
Hi
It really depends on the work load at the court and the OR's office, and this varies depending on your area. It can take anything between 2 weeks to 2 months
Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
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| harbourmaster |
Posted - 10 September 2008 : 23:02:26
Hi there
I phoned the local court on 1st Sept to book an appointment, been this morning and was in court for 1hour 40 mins. With th ejudge for less than 5 mins.
Hope this helps.
Got an appointment with the OR on Monday morning. So whole process less than 2 weeks for us but others have to wait longer for the OR interview. |
