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T O P I C R E V I E W
jim_h
Posted - 15 December 2008 : 15:24:30 i went bankrupt in 1991 do i have to declare it it lasted 1 year
2 L A T E S T R E P L I E S (Newest First)
pix1
Posted - 15 December 2008 : 17:23:50 You need to declare it and they would doubtless peruse the Gazette newspaper to see if you might have gone BR before. The good news is that because it was more than 10 years ago your new bankruptcy should not be affected by the previous one. For example, if you had gone bankrupt within 10 years of the previous time you would face an automatic 5 years before discharge. As it is more than 10 years you would be autmatically discharged in 1 year provided your discharge is not suspended (which would be unusual in all cases). You must declare it, however, as it would likely be held against you by the OR if you didn't. Unless you didn't and convinced the OR you had a big case of amnesia (!).
JulianDonnelly
Posted - 15 December 2008 : 15:28:23 Hi Jim H,
If you have been BR before, you have to declare it on your SOA irrespective of how long ago it was and how long it lasted.
Julian Donnelly Spokesperson for www.Bankruptcyhelp.org.uk Don't forget the helpline on 0800 078 9367
