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 bankruptcy postbag for july
 BRO/BRU and inheritance
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debtrider
Junior Member

494 Posts

Posted - 26 July 2008 :  09:26:00  Show Profile  Reply with Quote
If I end up with a BRO/BRU does this still have any effect on any inheritance during this period, or is any inheritance claimed by the OR during bankruptcy only.

If you get a BRO/BRU is this exactly the same as being bankrupt. SO in other words after 12 months you could be discharged from bankruptcy but if you get a BRO/BRU, does this mean you are still officially bankrupt.

Thank you

Debtrider

Helpful Advice
Average Member



United Kingdom
646 Posts

Posted - 26 July 2008 :  13:54:30  Show Profile  Visit Helpful Advice's Homepage  Reply with Quote
A BRO/BRU only extends the restriction of Bankruptcy, so the windfall clause or changes to income will not relate to this.

You will still be a discharged Bankrupt, but subject to a BRO/BRU.


Kind Regards,

Brett England


Bankruptcy Specialist

England,Jackman & Spacey

WebSite www.ejands.co.uk


View my personal story & blogs at:

http://brettengland.blogs.bankruptcyhelp.org.uk/
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