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andrew.m
Junior Member
United Kingdom
335 Posts |
 Posted - 29 September 2008 : 12:20:30
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will the OR examine my accounts in the future? if for example i had a win/redundancy and didnt tell them would they discover it?
andrew |
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 29 September 2008 : 14:22:20
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Hi Andrew,
It is unsusual but not undeard of an OR requesting bank statements after BR. The most common circumstance would be if you were in an IPA/IPO or if the OR had received a complaint about you.
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
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andrew.m
Junior Member
United Kingdom
335 Posts |
Posted - 29 September 2008 : 14:28:54
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julian,
there is a real opurtunity of redundancy in the coming months, what is the penalty if i didnt disclose the settlement?
how would they find out? |
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 29 September 2008 : 14:52:27
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Hi Andrew,
The OR will find out through your tax records if you are made redundant. How much do you estimate your redundancy package to be?
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
Edited by - JulianDonnelly on 29 September 2008 14:52:42 |
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andrew.m
Junior Member
United Kingdom
335 Posts |
Posted - 29 September 2008 : 14:55:55
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| ball park of 20k so they will want it |
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andrew.m
Junior Member
United Kingdom
335 Posts |
Posted - 29 September 2008 : 14:56:56
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what is the penalty for non disclosure julian?
thanks |
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 29 September 2008 : 15:01:46
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Hi Andrew,
Your BR discharge could be suspended and a BRO given, as well as the OR taking the full amount off you.
Given your situation, why not have a chat with one of my colleagues on the helpline who can advise you further?
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
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andrew.m
Junior Member
United Kingdom
335 Posts |
Posted - 29 September 2008 : 15:04:36
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hi julian,
i spoke to the OR and they told me i would be liable for the full amount, if i was to withdraw the cash as i have a family to keep and the possiblility in the current climate of not finding a job straight away would it place me in deep trouble?
andrew |
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 29 September 2008 : 15:43:26
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Hi Andrew,
I'm afraid it would.
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
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andrew.m
Junior Member
United Kingdom
335 Posts |
Posted - 29 September 2008 : 16:35:32
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julian,
whats the definition of deep trouble? |
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 29 September 2008 : 16:50:12
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Hi Andrew,
That's a tricky one to answer as there are so many variables. My colleagues on the helpline would be able to give you some clearer information.
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
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andrew.m
Junior Member
United Kingdom
335 Posts |
Posted - 29 September 2008 : 16:51:04
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| i know, i logged the call, thanks julian, have a good night |
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 29 September 2008 : 16:56:02
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You too.
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
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Topic |
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bank statements in the future
