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 A bit of advice ... re discharge

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T O P I C    R E V I E W
pleasehelpme22 Posted - 05 January 2009 : 09:01:08
Hi all , I went BR in June 08 and was discharged in November. I was just wondering if i was to enter a competition to win some money and i won would i have to declare this to anyone? Not sure when a windfall etc restricction ends?

Any advice appreciated

Thanks
4   L A T E S T    R E P L I E S    (Newest First)
Needafriend Posted - 05 January 2009 : 12:04:46
Hi i agree with skip,

Once discharged any monies that you win or inherit are yours, if the person died whilst you were still a bankrupt but the estate had not paid out then that would go to the OR.



Jo
x



22 Weeks down


30 to go




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Needafriend says: Live life to the full, take life by the horns and live a little, otherwise life would be so boring!
Skippy Posted - 05 January 2009 : 11:36:11
As far as I'm aware once you are discharged you don't need to inform the OR of a windfall or inheritance.

However, if the windfall or inheritance originated whilst you were BR (i.e. won the lottery the day before you were discharged and got the money after) then the OR could claim the money.

Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.

View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/

18 IPA payments to go!
HELP BR Posted - 05 January 2009 : 11:02:48
Hi
So once you have been discharged and monies you won/give to you no matter how large is yours to keep?
Skippy Posted - 05 January 2009 : 09:53:22
Now you're discharged it's yours to keep.

Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.

View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/

18 IPA payments to go!

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