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pleasehelpme22
Junior Member
222 Posts |
Posted - 05 January 2009 : 09:01:08
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Hi all , I went BR in June 08 and was discharged in November. I was just wondering if i was to enter a competition to win some money and i won would i have to declare this to anyone? Not sure when a windfall etc restricction ends?
Any advice appreciated
Thanks |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 05 January 2009 : 09:53:22
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Now you're discharged it's yours to keep.
Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.
View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
18 IPA payments to go! |
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HELP BR
Starting Member
34 Posts |
Posted - 05 January 2009 : 11:02:48
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Hi So once you have been discharged and monies you won/give to you no matter how large is yours to keep? |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 05 January 2009 : 11:36:11
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As far as I'm aware once you are discharged you don't need to inform the OR of a windfall or inheritance.
However, if the windfall or inheritance originated whilst you were BR (i.e. won the lottery the day before you were discharged and got the money after) then the OR could claim the money.
Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.
View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
18 IPA payments to go! |
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Needafriend
Junior Member
United Kingdom
344 Posts |
Posted - 05 January 2009 : 12:04:46
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Hi i agree with skip,
Once discharged any monies that you win or inherit are yours, if the person died whilst you were still a bankrupt but the estate had not paid out then that would go to the OR.
Jo x
22 Weeks down
30 to go
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called: Needafriend's Info on Bankruptcy :-) http://debtfreejo.blogs.bankruptcyhelp.org.uk/ Needafriend says: Live life to the full, take life by the horns and live a little, otherwise life would be so boring! |
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