UK Bankruptcy Law

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Related UK Bankruptcy Law Questions
Hi, im thinking of going bankrupt for the second time in 5yrs, i dont how this would look
Hi, im thinking of going bankrupt for the second time in 5yrs, i dont how this would look and how would my job would be affected. We had a joint mortage taken previous to last bankruptcy which we boug… read more
Stuart J
Stuart J
Solicitor
78 satisfied customers
Good Afternoon I have a question concerning a client, who is
Good Afternoon I have a question concerning a client, who is currently negotiating his discharge from Bankruptcy. He is self employed and he is looking at ways of limiting the IPA to what he has agree… read more
Alex J.
Alex J.
Solicitor
LLB
62 satisfied customers
My bankruptcy was on feb 5th 2010 therefore the 3 years concerning
My bankruptcy was on feb 5th 2010 therefore the 3 years concerning the matrimonial home was up on 5th Feb 2013 as the IP had not dealt with it. I have received an application to court for possession o… read more
Max Lowry
Max Lowry
Advocate
Bachelor
69 satisfied customers
i was made bankrupt in feb 2012 and my discharge is due in
i was made bankrupt in feb 2012 and my discharge is due in just over 2 months time. Can you explain what does this mean?… read more
UK-Justice
UK-Justice
Master's Degree
11,008 satisfied customers
my husband and myself are bankrupt i no longer work and we
my husband and myself are bankrupt i no longer work and we are seperated, we can no longer aford to pay the mortgage and the value of the house is probably less than we owe on the mortgage. If the mor… read more
Buachaill
Buachaill
Barrister
Master's Degree
22 satisfied customers
Good morning, In the event of bankruptcy, are all debts
Good morning, In the event of bankruptcy, are all debts such as credit cards/ unsecured loans part of the bankruptcy debt procedure ? Also, my property is in negative equity and will almost certainly … read more
Max Lowry
Max Lowry
Advocate
Bachelor
69 satisfied customers
2 months before my discharge, the IP wrote and said that he
2 months before my discharge, the IP wrote and said that he had looked at my I&E and I had to pay £60 per month. I asked him to look at it again as I couldn't afford to pay it but he said that he was … read more
Buachaill
Buachaill
Barrister
Master's Degree
22 satisfied customers
HelloBankruptcy and Tax Credit PaymentsAlthough I have
Hello Bankruptcy and Tax Credit Payments Although I have a few questions to ask, my main issue at the moment is to get your advice on TaxCredit payments. To give a brief summary of circumstances, we h… read more
UK-Justice
UK-Justice
Master's Degree
11,008 satisfied customers
I had two Restrictions on my property. They are in the region
I had two Restrictions on my property. They are in the region of £18 to £20,000. The house has now been sold. I spoke with the National Debt Line, who advised me to offer both creditors £2000. One has… read more
Alex J.
Alex J.
Solicitor
LLB
62 satisfied customers
Hi, Im currently a Part 20(third party) defendant in a
Hi, I'm currently a Part 20(third party) defendant in a civil case and the matter goes to trial in June. It's looking like I'm going to lose and I have accepted this, I'm 26 so I'm relatively young en… read more
Alex J.
Alex J.
Solicitor
LLB
62 satisfied customers
Hello How long do you have to declare been a discharged
Hello How long do you have to declare been a discharged bankcrupt in the UK when making loan applications? I thought it was 6 years from the discharge date?… read more
Max Lowry
Max Lowry
Advocate
Bachelor
69 satisfied customers
mY QUESTION IS ABOUT BANKRUPCY MY SON WAS DECALRED BANKRUPT
mY QUESTION IS ABOUT BANKRUPCY MY SON WAS DECALRED BANKRUPT MANY YEARS AGO NOW DISSOLVED ONE OF THE DEBTS TO EGG BANKING CARD WAS INCLUDED IN HIS LIST OF DEBTS. RECENTLY A FIRM HAVE BEEN SENDING LETTE… read more
Daniel Smith
Daniel Smith
Bachelor's Degree
1,213 satisfied customers
i have been made bankrupt how long can they search back and
i have been made bankrupt how long can they search back and claim money ? i was give a order for 12 months but they keep extending how long will this go on for ?… read more
Max Lowry
Max Lowry
Advocate
Bachelor
69 satisfied customers
My discharge from bankruptcy was 5th Feb 2011 according to
My discharge from bankruptcy was 5th Feb 2011 according to the insolvency register. My Insolvency practitioner is saying that he put an application into court to suspend my discharge and the case is d… read more
Max Lowry
Max Lowry
Advocate
Bachelor
69 satisfied customers
can you tell me if I have to inform the insolvency practitioner
can you tell me if I have to inform the insolvency practitioner of all my change of circumstances after I have discharged, if the change does not result in a change of income? I was discharged on Feb … read more
Max Lowry
Max Lowry
Advocate
Bachelor
69 satisfied customers
My husband and I went bankrupt on 23.11.09. He has a Retirement
My husband and I went bankrupt on 23.11.09. He has a Retirement Cash Plan (pension from a former job) of which he can draw the sum of £6,800 annually if he chooses to do so but this is not compulsory.… read more
Max Lowry
Max Lowry
Advocate
Bachelor
69 satisfied customers
What are the exceptional circumstances that I may be able
What are the "exceptional circumstances" that I may be able to keep an inheritance whilst I am bankrupt.I am unemployed my house has been repossessed and I should be discharged from banruptcy in April… read more
Max Lowry
Max Lowry
Advocate
Bachelor
69 satisfied customers
i was discharged from bankruptcy in march 2007, i also paid
i was discharged from bankruptcy in march 2007, i also paid a ipo from january 2007, my last payment to them was january this year. I have just been informed that i have been left a small cash inherit… read more
UK-Justice
UK-Justice
Master's Degree
11,008 satisfied customers

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The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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Meet the Experts:

Max Lowry

Max Lowry

Advocate

69 satisfied customers

LLB, 10 years post qualification experience

Alex J.

Alex J.

Solicitor

62 satisfied customers

2 Years Insolvency Litigation

Buachaill

Buachaill

Barrister

22 satisfied customers

Barrister 17 years experience

John Knox

John Knox

Solicitor

12 satisfied customers

solicitor with 8 years experience

Ben Jones

Ben Jones

UK Lawyer

11 satisfied customers

Qualified Solicitor

Stuart J

Stuart J

Solicitor

78 satisfied customers

Senior Partner at Berkson Wallace

Joshua

Joshua

Lawyer

63 satisfied customers

LL.B (Hons), Higher Prof. Dip. Law & Practice

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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