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Tuesday, 02 February 2010 15:59

Can I Go To Work After Bankruptcy?

Written by  Jon
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Question:



I havent worked since before my bankruptcy as a single parent but have since qualified as a gym instructor learning from home,can i return to work ?will i have to repay any of the money to the receiver?

Answer:



Once your bankruptcy has been discharged you do not need to report any changes to the Official Receiver. You are allowed to work and earn, whist in bankruptcy and after.

Thank you for letting me help you.

Jon

If you have a bankruptcy question you'd like to ask, just ask using this online form. All help is free.

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If you have a serious debt problem, bankruptcy can free you from your debts within 12 months. As a solution for dealing with serious debt, bankruptcy is a last resort. Other debt solutions need to be explored first, to help determine if bankruptcy is the right debt solution for you.

 

Your financial affairs are put into the hands of an Official Receiver or Trustee, who will control all your assets - and if you own a property, this will also be included. These will be sold and the money used to pay as much as possible to your creditors.

 

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