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 bankruptcy postbag for august
 ive just been made bankrupt, can it be reversed
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e_m
Junior Member

170 Posts

Posted - 01 August 2008 :  22:47:15  Show Profile  Reply with Quote
ive just been made bankrupt, can it be reversed

sue08
Junior Member



United Kingdom
176 Posts

Posted - 01 August 2008 :  23:15:05  Show Profile  Reply with Quote
Hi e_m,
I'm quite new to this but i believe it can be under certain circumstances. I'm sure someone knowledgeable will be along to answer soon xx
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John
New Member



United Kingdom
73 Posts

Posted - 02 August 2008 :  02:40:49  Show Profile  Reply with Quote
Hi e_m,
yes it can be annulled for 2 reasons.
If you were proven to have wrongfully been made bankrupt by a creditor. Or if you should acquire sufficient funds to pay off all your debts in full, plus the OR's fees plus the trustee's fees.

www.Bankruptcyhelp.org.uk
0800 078 9367
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Trolly-Dolly
Average Member



591 Posts

Posted - 03 August 2008 :  12:38:28  Show Profile  Reply with Quote
Or look at this link:
http://www.bankruptcyhelp.org.uk/community121/communityArticles/view_article.asp?id=250

You can read my blog here;

http://drowningmummy.blogs.iva.co.uk/
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Suzanne
Average Member



United Kingdom
869 Posts

Posted - 04 August 2008 :  09:11:36  Show Profile  Visit Suzanne's Homepage  Reply with Quote
Hi e m

In addition to the two that John mentioned, you can also enter a post bankruptcy IVA if you have sufficient income or assets to make an offer to creditors.

Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
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