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 i have been bankrupt before ten years ago

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T O P I C    R E V I E W
aerobics_queen Posted - 13 July 2009 : 13:56:05
i have been bankrupt before ten years ago.
can i do it twice,

can i still remain as afreelance aerobics instucter self employed
2   L A T E S T    R E P L I E S    (Newest First)
debtinfo Posted - 13 July 2009 : 18:25:53
In this situation you would not get a BRO/BRU (at least not for going bankrupt twice). The reason being that only 2(or more) bankrupts within a 6 year period could result in a BRO/BRU. Additionally there was a change of legislation in 2004 which means that the one under the previous legislation would not count for these purposes
gettingoutofdebt Posted - 13 July 2009 : 14:59:18
You can declare BR as many times as you like but depending upon why you were BR before and why you need to declare now you may have a BRU imposed, which would increase the period that the bankruptcy restrictions applied.

Remaining self employed shouldn't be a problem as quite a few people on this board have been self employed when declaring BR.

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