| T O P I C R E V I E W |
| ian.johnson42 |
Posted - 14 July 2009 : 20:22:43
I am seriouslly considering BR I have done and still doing a DMP but after a year of it just not working out. Doing a IVA I will be left with no money at all. I was discharged from BR 4 and 1/2 years ago and the debt was mostly bank loan and credit cards and its the same again and I would like to know what restrictions the courts can put on my as its worrying me a lot what they could do. |
| 8 L A T E S T R E P L I E S (Newest First) |
| Melanie.n |
Posted - 15 July 2009 : 12:53:50
You canot petition jointly - you would both have to file seperately
Melanie Nicholas
28 years insolvency experience - 23 of which in the Insolvency Service
- Insolvency Manager
Jones Giles
email me at melanienicholas@jonesgiles.co.uk
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| ian.johnson42 |
Posted - 15 July 2009 : 12:48:54
Can I ask one final question me and my wife need to file bankruptcy can we do this together or does it have to be seprate times and there is no joint debts |
| gettingoutofdebt |
Posted - 15 July 2009 : 11:37:23
quote:
Originally posted by ian.johnson42
Thank you for the replies I was discharged from BR Jan 05 and was wondering whats worse things they can put in place as the debts are same as last time
Your were last declared BR under the last legislation so that BR will not count so it will be as if this is the first time you have declared BR.
The worst an OR can do is implement a BRU. They cannot send you to prison, put you in front of a judge to explain why you ran up the debts, etc. |
| ian.johnson42 |
Posted - 15 July 2009 : 08:32:27
Thank you for the replies I was discharged from BR Jan 05 and was wondering whats worse things they can put in place as the debts are same as last time |
| debtinfo |
Posted - 15 July 2009 : 08:12:50
Yes but as his discharge was 4 1/2 years ago, this mould mean that hus bankruptcy was pre enterprise act |
| gettingoutofdebt |
Posted - 15 July 2009 : 07:24:48
If your first BR was after 1st April 2004 then you 'may' be liable for a BRU, which would extend the bankruptcy restrictions - http://www.insolvency.gov.uk/pdfs/guidanceleafletspdf/bro.pdf
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| debtinfo |
Posted - 15 July 2009 : 00:11:46
What date was your first bankruptcy, it makes a difference if it was before 1/04/04 |
| Niobe |
Posted - 14 July 2009 : 20:58:03
Hi,
I think that you may very well get a BRU this time if it has been such a short time since you have been discharged, but you are in the same situation again.
The glimmer gets brighter all the time
Jan
xx |
