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 bankruptcy postbag for may
 What happens after?
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cat
Junior Member

201 Posts

Posted - 27 May 2008 :  19:58:28  Show Profile  Reply with Quote
Ive got the money together and im nearly finished completing the forms to go BR but im just worrying about what happens after you've seen the OR. Do they keep an eye on what your doing with your finances etc and day to day living?
Thanks x

m and v
Average Member



United Kingdom
760 Posts

Posted - 27 May 2008 :  20:14:39  Show Profile  Reply with Quote
Hi Cat
Well I've not heard a thing from them yet! Although it is still early days in my BR.
From what I gather they send you an income and expenditure form out if your circumstances change.
I was asked to inform the OR if there are any changes in my wage as my income gets paid into my hubbys bank account.
I think they send an I&E form out after six months - hopefully they decide to discharge you early at this point too! I should be so lucky!


Vicki x
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JulianDonnelly
Junior Member



United Kingdom
325 Posts

Posted - 28 May 2008 :  08:25:21  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi Cat,

Once you have seen the OR, they will report to the creditors and conduct their investigations.

They will deal with any complaints made by your creditors and look at your conduct prior to Bankruptcy.

They will look at your income and expenditure to see if an Income Payment Agreement should be put in place.

If not then you will not hear anything until your six month questionnaire is sent.

The questionnaire will ask you for an up to date income and expenditure and ask if there have been any changes in your circumstances.

If all is much the same then they may look to grant you early discharge.


Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
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