What sort of behaviour could lead the official receiver to apply for a BRO against me?
When deciding whether to make a BRO, the court may take into account your behaviour before and after the date of the bankruptcy order, so the official receiver will be looking closely at all your conduct.
We cannot list all the actions that could be considered dishonest or blameworthy in relation to your affairs, but here are some examples the official receiver could include in his report to court:
* incurring debts that you knew you had no reasonable chance of repaying * giving away assets or selling them at less than their value * deliberately paying off some creditors in preference to others * gambling or making rash speculations or being unreasonably extravagant * failing to keep or produce records that would explain a loss of money or property * fraud or fraudulent breach of trust * causing your debts to increase by neglecting your business affairs * failing to supply goods or services that have been paid for * carrying on a business when you knew or ought to have known you could not pay your debts
The more harm your behaviour causes your creditors, in the court's opinion, the longer the BRO is likely to last.
