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paulgm_2000
Starting Member
49 Posts |
 Posted - 23 September 2010 : 08:00:08
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Hello everyone,
I have posted recently to say that I will soon be petitioning my
own bankruptcy after being in an IVA for two years. My IVA has come
to an end in the last few days.
I have recently folded my limited company but have been applying
for full time jobs.
My questions are:
1. The job I am applying for (and may well get) is the Practice
Manager at a Medical Centre. Am I allowed to work in this role under bankruptcy law? and would i have to tell my employers?
2. I am also having difficulty getting a final total from one of
my creditors. They have not responded despite numerous attempts on
the phone and letters. Can I just guess the amount I owe them on
the Bankruptcy forms? They are an equipment leasing company for my
old business that I was a personal guarantor on.
3. I currently live between two addresses. All of my debts or registered at my parents address and I am registered to vote there too. However, I spend a lot my time at my girlfriends house and have been paying a small amount of rent there for a few months. Which address should I write on the forms?
Many thanks for your help. |
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gettingoutofdebt
forum expert
2418 Posts |
Posted - 23 September 2010 : 08:25:30
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Hi,
1. Yes, there won't be any problem with this role and no, you won't need to inform your employers unless it specifically states this in your contract. You can either anonymously contact the potential employer to see if being BR would be a problem or, if you get the job, check the contract very carefully.
2. An approximate amount is fine. For my debts I just multiplied the monthly repayment by the months remaining and put this amount on the SOA. The OR contacts each of the creditors so it's not a problem if the debts aren't 100% accurate.
3. Put your parent's address down on the form. When you hand the forms in you can mention to the BR Clerk that you spend some time at your girlfriend's house. If you don't want your girlfriend's address to be listed in your BR notice then you could just say that it is one or two nights a week. Provided none of the debts are associated with your girlfriend's address this won't be a problem. |
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paulgm_2000
Starting Member
49 Posts |
Posted - 23 September 2010 : 08:40:21
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That's great, thanks for the help. I must say this and the IVA forum have been something of a sanctuary for me over the last few years so thanks to everyone.
One other question if you don't mind....
Will the OR need to look through my business account statements and business accounts at all? I have never been very good at keeping statements and the company was folded before I needed to submit any accounts. Just a little worried that they might need them and I don't have everything!
Thanks again! |
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Richard P
Senior Member
United Kingdom
1701 Posts |
Posted - 23 September 2010 : 10:06:22
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Hi Paul
in relation to petitioning for bankruptcy you have to petition at the court area that has been the centre of your main interest for the last 6 months.
if your girlfreind and parents do not live in same town, you will have to take advice which court is best for you.
The OR may wish to interview you, At that point they may request to see your accounts, produce what you have in as tidy manor as possible but unless you intend to continue trading in the same line of business do not go to the added expense of getting an accountant to thoroughly complete.
Richard |
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Bigal4787
forum expert
United Kingdom
641 Posts |
Posted - 23 September 2010 : 10:08:12
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paulgm 2000
when you say your company folded, did you wind it up yourself, or did a creditor wind it up, and was a liquidator appointed? If the OR deals with it, you would be expected to deliver up any books, records and accounts that you may have.
Even if you don't have everything, just provide what you can, at least it shows you're trying to co-operate.
Big Al |
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paulgm_2000
Starting Member
49 Posts |
Posted - 23 September 2010 : 13:17:00
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Hi, thanks for the replies.
I sent of the form to strike off the company myself.
I took advice from reviva a few weeks back who told me the OR would not be interested in any previous company accounts. (Limited company)
Not sure what to think now!
Thanks
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Richard P
Senior Member
United Kingdom
1701 Posts |
Posted - 23 September 2010 : 13:48:24
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Go with what Reviva say
I only have the small information you have posted here, Paul would have had long phonecall and chat with you so will know most of your circumstances.
regards Richard |
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Topic |
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RE: Bankruptcy and my potential new job
