Bankruptcy Information Centre

Articles tagged as "restriction order"

What Will Happen To Me In Bankruptcy?

Question: im looking to go bankrupt as it seems my only real option now, i owe around £22.000 in credit cards and loans and i am now on jobseekers as im unemployed, i live at home with parents and i have no assets i have filled in most of my paperwork (form 6.28) but not [...]

Is Transferring A Car Before Going Bankrupt Fraud?

Question: I transfer a car to my daughter be four going bankrupt and did not put it on paper work as i owed her money should i have told them ? if so wot can i be done for? Answer: By transferring the car to your daughter for a debt you owe her you have [...]

Can Catalog Debts Be Included In Bankruptcy?

Question: I have council tax arrears, catalogue and store card debt My daughter just got a new house so i wanted to give her a gift, the only way i could do this was to order from my catalogue, i got her a laptop which was £699 and have been paying it for a couple [...]

When Does My Bankruptcy Restriction Order End And I Am Discharged?

Question: Am I still automatically discharged from my bankruptcy after 1 year even though I have a bankruptcy restriction order against me? I went bankrupt Jan’07 but I have a BRO against me for 3 years, does this stop me from being discharged? Answer: If you’re issued with a Bankruptcy Restriction Order, then you will [...]

Can I Apply For A Debt Relief Order After Being Bankrupt Years Ago?

Question: Been to CAB and they informed me about the debt relieve order but then got a thinking about when i had to go bankrupt but its 7 years ago when i went bankrupt Can I apply for a debt relieve order after going bankrupt 7 years ago? Answer: Yes, you can file for a [...]

How Long Does The Trustee Have To Deal With My House In Bankruptcy?

Question: How long does the trustee have to deal with my house after my bankruptcy order? Answer: You are in bankruptcy usually for a period of 12 months, unless a restriction order is issued keeping you in bankruptcy longer. It is during this time the Trustee has to deal with any properties in your bankruptcy, [...]

Can I Include Benefit Fraud Payments In A Bankruptcy?

Question: Hi I have a considerable amount of debt, basically my outgoings is move than coming in. If I was to consider bankruptcy I have an benefit fraud overpayment would this clear this also. Answer: In bankruptcy all your debts need to be placed, however there are some court fines, student loans and other debts [...]