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 bankruptcy postbag for june
 IPO, IPU, 3 YRS, 12 MONTHS, EARLY DISCHARGE ETC,
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modensane
Junior Member

United Kingdom
214 Posts

Posted - 16 June 2008 :  12:04:27  Show Profile  Reply with Quote
At which stage in the BR process are you told what to expect and what duration it is going to be for.

JulianDonnelly
Junior Member



United Kingdom
325 Posts

Posted - 16 June 2008 :  12:23:03  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi Modensane,

The OR usually tells you what the likely process will be and the timeframes involved. Is there anything in particular you need to know?

Regards

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
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modensane
Junior Member

United Kingdom
214 Posts

Posted - 16 June 2008 :  13:24:20  Show Profile  Reply with Quote
From what I understand, so far, when you submit your SOA etc., you go before a judge or an official of the court who will issue the BR order (can they refuse to give an order? and if so why?). Then they put you in touch with your OR. You later have an interview with the OR either over the telephone or face to face. This is what I want to know: are you infomed of what to expect at the beginning of the process depending on what you put in your SOA and what the judge relays to the OR, during or after the personal interview with the OR, or later, according to how you comport yourself? I hope I make sence.
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JulianDonnelly
Junior Member



United Kingdom
325 Posts

Posted - 16 June 2008 :  13:43:44  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi Modensane,

The judge does have the power to decine a bankruptcy order if they don't believe it to be in your best interest. The most common reason this would occur is if you were in an IVA which has failed, but do not present a lettewr from your IP and/or a certificate of failure.

The judge is unlikely to giver any guidance on the process, but the OR should let you know what the next steps are following your initial meeting.

Regards

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
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modensane
Junior Member

United Kingdom
214 Posts

Posted - 16 June 2008 :  14:33:00  Show Profile  Reply with Quote
Understood. A million thanks. We are nearly there!
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JulianDonnelly
Junior Member



United Kingdom
325 Posts

Posted - 16 June 2008 :  14:34:23  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi Modensane,

It'll soon be over :)

Regards

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
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