Help needed!

DON79

Hi t0mm

your cause of BR stmt looks ok to me and it is good that you have been honest about the gambling but be prepared for the OR to want to know more about it. try if you can to prepare a more detailed cause of BR stmt just for yourself so that you can refer to it in the OR interview if need be in case he asks an unexpected question. But if you can't remember then just tell the OR that too.

I have three versions so far of my cause of BR stmt - long, medium and short! I used the short for the forms but am going to keep the long one with me for the OR interview as it has more dates on it for when things actually happened.

maxmycardagain

http://www.insolvency.gov.uk/databases/ddirector/viewbrobrudetailslatest.asp

DON79

So for people like MJC that do this, the worst they get is a BRO or BRU? it doesn't seem right that they receive so little punishment, does it not amount to defrauding the OR and thus getting criminal charges for fraud?

fermi

Hi.

Would people mind not posting details of individual cases (or links to them) from the Individual Insolvency Register or the Bankruptcy Restrictions search.

Thanks.

t0mm

maxmycardagain wrote: »

http://www.insolvency.gov.uk/databases/ddirector/viewbrobrudetailslatest.asp

Thanks for posting that link Max. Looking at some of the cases on there, some people have been only given a 2 year BRU for doing stuff that is far worse than I have (i.e: having spent £20,000+ in a year, gambled lots, been dishonest with OR etc)...

Looking at the evidence on there, I would feel hard done by if I got a BRU/O of much more than 2 or 3 years, despite my admitted gambling etc.

Could someone advise me whether or not it is possible to appeal against the length of a BRU/O, if it was to come to that?

Thanks to everyone for your advice, it has been invaluable

DON79

a bankruptcy restriction undertaking is something you can (I think) voluntarily agree to. an order is just that, an order made by the OR. but I am not sure whether you can appeal it or not? Hopefully another member may know. It might be possible through the courts if you think you have been unfairly treated and then the OR would have to explain to a judge why they felt a BRO was necessary in the circumstances and see if the judge upheld their decision or not.

LilyBart

So is it like IPA versus IPO? I mean, are you encouraged to sign a BRU and, if you refuse and a judge doesn't see eye to eye with you, you then end up with a BRO? Apologies for hijacking in a self-interested fashion. My OR said they were not recommending a BRO for me, but I've since been passed to an Insolvency Practitioner and who knows whether they might use a BRO as a stick for beating me with?
Lily
ps Haven't gambled, but it could be argued I took out credit with no prospect of repaying it. I mean, I thought I had a prospect but they might disagree.

Slay1963

Hi tOmm, re the gambling.....

I'm similar to you with about 30/40% of debt due to gambling. Here's my plan....
First of all you need a few CLEAN statements ie: with no gambling transactions on em, so you can tell the OR that you've stopped or that you've stopped gambling with CREDIT.
Then when the OR wants you to explain it, tell him you tried to do it as a BUISNESS to try and earn extra income, rather than let him think you are just a hopeless, degenerate gambler. If he thinks you are addicted he will probably give you a long BRO...to try and help YOU!!!

Just a few tactics for anyone worried about gambling debts

Good luck.....Slay

dalip

Slay

Do you really think the OR has not heard all that before:rolleyes: .

Good luck with your plan, hope it does not come back and bite you on the bum.Dx

LilyBart

Only the world's top poker players would regard gambling as a business. I'm sure it's better to be honest, admit a mistake and demonstrate that it's a problem you're trying to address.