HOME  FORUM  MEDIA  EVENTS  ARTICLES  TV  BLOGS
•Home
Bankruptcy:
•Bankruptcy Information Center
•What is Bankruptcy?
•Is Bankruptcy right for me?

•How to declare Bankruptcy?
•What happens to my assets?
•Bankruptcy and credit rating

Forum:
•forum
•register
•search
•faq
•experts

Blogs:
•Bankruptcy News
•More...

Media Room:
•Press releases
•Media Coverage

Other:
•About BankruptcyHelp
•Links
•Contact us
•Debt Glossary
•Insolvency jobs


FORUM
  > Browse and post on our forum
Home   |   Profile   |   Register   |   Active Topics   |   Members   |   Search   |   FAQ

Welcome to our Forum, please register if you want to post
Ask a debt question
See the last 250 posts
Watch video on how to use forum
Username:
Password:

Save Password
Forgot your Password?

 All Forums
 archive
 Forum Questions
 Complications with second time bankruptcy ?
 New Topic  Reply to Topic
 Printer Friendly
Author Previous Topic Topic Next Topic  

ian.04
Starting Member



5 Posts

Posted - 28 April 2010 :  09:10:10  Show Profile  Visit ian.04's Homepage  Reply with Quote
CAN YOU TELL ME WHAT COMPLICATIONS THERE ARE WITH GOING BANKRUPT FOR SECOND TIME WAS DISCHARGED FROM BANKRUPTCY OVER 5 YEARS AGO NOW AS WE ONLY HAVE £90 LEFT AFTER BILLS SO MY DEBTS GETTING OUT OF CONTROL ANY ADVICE BE GREAT FULL

Bridgewood
Junior Member

United Kingdom
222 Posts

Posted - 28 April 2010 :  09:38:26  Show Profile  Visit Bridgewood's Homepage  Reply with Quote
Hi Ian

Generally there is now no difference between a first and second bankruptcy, as long as you have already been discharged from your first one.

The exceptions are if your first bankruptcy resulted in a Bankruptcy Restriction Order/Undertaking or if you haven't been discharged for any reason.

There were slightly different rules if your first bankruptcy was before April 2004, but I think its all the same now.

The OR may look a bit closer at how and when your debts arose, but the rules re discharge etc are the same

Hope that helps



Bridgewood specialise in helping people deal with their debts and make the most of their financial situation - providing free, no obligation debt advice.

We can also setup a complete range of solutions including debt management plans, IVA and bankruptcy support.
Go to Top of Page
  Previous Topic Topic Next Topic  

 New Topic  Reply to Topic
 Printer Friendly
Jump To:
bankruptcyhelp.org.uk Forum © bankruptcyhelp Go To Top Of Page
Powered By: Snitz Forums 2000 Version 3.4.06