We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Update - my court appearance

Quick update to let you all know Fri went fine and I am now officially bankrupt.

A company supplier petitioned my bankruptcy - so thanks to them I did not have to find the £495 fees as I was planning on going BR next month anyway. A barrister approached me outside the court room, introduced himself and said "I take it you are opposing the decision" I replied "no" he looked rather shocked and explained he would have to make some phone calls - don't think he saw that coming lol. We went to see the judge (was in for less than 5 minutes in total), it was very informal - he told me to sit down relax and have a glass of water. He explained he understood I wanted the BR to go ahead asked me to explain the position I was in (I explained that I was planning on going BR next month anyway as had no assets, have lost business and losing house - barrister was writing notes throughout) the judge declared me bankrupt at 2.12pm and wished me luck in the future. He explained an OR would contact me for a face to face interview due to the business/fact it was petitioned against me and told me not to take any loans out lol.

So i'm half way there, not looking forward to OR interview as it will be complex I predict due to business however the court appearance although not nice was simple, quick and no where near as bad as I expected.

Comments

  • startagain_2
    startagain_2 Posts: 2,135 Forumite
    Quick update to let you all know Friday went fine and I am now officially bankrupt.

    A company supplier City Electrical Factors petitioned my bankruptcy - so thanks to them I did not have to find the £495 fees as I was planning on going BR next month anyway. A barrister approached me outside the court room, introduced himself and said "I take it you are opposing the decision" I replied "no" he looked rather shocked and explained he would have to make some phone calls - don't think he saw that coming lol. We went to see the judge (was in for less than 5 minutes in total), it was very informal - he told me to sit down relax and have a glass of water. He explained he understood I wanted the BR to go ahead asked me to explain the position I was in (I explained that I was planning on going BR next month anyway as had no assets, have lost business and losing house - barrister was writing notes throughout) the judge declared me bankrupt at 2.32pm and wished me luck in the future. He explained an OR would contact me for a face to face interview due to the business/fact it was petitioned against me and told me not to take any loans out lol.

    So i'm half way there, not looking forward to OR interview as it will be complex I predict due to business however the court appearance although not nice was simple, quick and no where near as bad as I expected.


    Well done in-the-s,
    We don't often hear accounts of BR where someone has been petitioned against. I bet the barrister thought you were going to come up with all sorts of excuses, pleadings and a sob story. :D
    Good Luck with the rest of the journey .........
    Best Wishes
    SA
    2011 - New year, New start, New me
    [STRIKE]Planning on [/STRIKE] making my dreams a reality
  • DON79
    DON79 Posts: 3,842 Forumite
    Thanks for posting your experience Inthe-shiznit, hope that the rest of the process goes well for you. :D
    BSC #215/No.1 Jan 09 Club
  • peachyprice
    peachyprice Posts: 22,346 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    . A barrister approached me outside the court room, introduced himself and said "I take it you are opposing the decision" I replied "no" he looked rather shocked and explained he would have to make some phone calls

    I bet the look on his face was priceless :D
    Glad it all went well.
    Accept your past without regret, handle your present with confidence and face your future without fear
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.