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 How bad is a BRU/BRO?		  New Topic  Reply to Topic
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leahk
Junior Member



117 Posts
Posted - 22 January 2009 :  13:09:19  Show Profile  Reply with Quote
How bad is a BRU/BRO?
I think I'll definatly get one because of my previous addiction and wasting money.
Just feel every step forward is bringing two back still!

JulianDonnelly
Junior Member



United Kingdom
325 Posts
Posted - 22 January 2009 :  13:15:01  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi Leahk,

A BRO/BRU will just hold you under the restrictions of BR (but you will still get discharged automatically after 12 months) for anything up to 15 years, depending on the severity of your misdemeanours!


Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367
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leahk
Junior Member



117 Posts
Posted - 22 January 2009 :  14:10:41  Show Profile  Reply with Quote
What sort of restrictions?

Thanks

Leah
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JulianDonnelly
Junior Member



United Kingdom
325 Posts
Posted - 22 January 2009 :  14:57:25  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi Leah,

You are not allowed to hold public office, you cannot be a director of a limited company, you cannot get credit for more than £500 from ANYONE without diosclosing the fact you are under bankruptcy restrictions etc.

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367
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leahk
Junior Member



117 Posts
Posted - 22 January 2009 :  16:17:46  Show Profile  Reply with Quote
Doesn't sound as bad as I imagined if I'm honest. And as for credit, I never want to go down that road again. The new word in my vocab is SAVE! lol
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JulianDonnelly
Junior Member



United Kingdom
325 Posts
Posted - 22 January 2009 :  16:20:52  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Best of luck!

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367
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