A few more questions about bankruptcy...

talltower

Hello again,

I am still considering bankruptcy. Is anyone able to answer the following questions for me..?

1. If I go bankrupt will the OR look into my wifes bank account, or do they have the power to do so?

2. Would the OR consider taking my wifes car, or just mine?

3. What happens if utility bill arrears are included in the bankruptcy? Will the companies cancel my accounts leaving me with no gas, electric etc..?

Many Thanks,
Andy

dalip

talltower wrote: »

Hello again,

I am still considering bankruptcy. Is anyone able to answer the following questions for me..?

1. If I go bankrupt will the OR look into my wifes bank account, or do they have the power to do so?no the OR won't look into your wifes account,but they do have the power to do so IF they think something dodgy has occured;)

2. Would the OR consider taking my wifes car, or just mine?if she is the registered keeper/owner of the car then no

3. What happens if utility bill arrears are included in the bankruptcy? Will the companies cancel my accounts leaving me with no gas, electric etc..?sorry don't know the answe to this one

Many Thanks,
Andy

Ok answered those the best i could,if you have any more questons fire AWAY.dX

peachyprice

talltower wrote: »

Hello again,

I am still considering bankruptcy. Is anyone able to answer the following questions for me..?

1. If I go bankrupt will the OR look into my wifes bank account, or do they have the power to do so? Absolutley not.

2. Would the OR consider taking my wifes car, or just mine? Again no.

3. What happens if utility bill arrears are included in the bankruptcy? Will the companies cancel my accounts leaving me with no gas, electric etc..? Most companies close the account and open a new one with a different number and £0 balance. Some will ask you to go on a pre-payment meter. But if your wife isn't BR you can avoid this by getting a new provider in her name. You won't get cut off though.

Many Thanks,
Andy

Hope this helps some.

blind-as-a-bat_2

talltower wrote: »

Hello again,

I am still considering bankruptcy. Is anyone able to answer the following questions for me..?

1. If I go bankrupt will the OR look into my wifes bank account, or do they have the power to do so? Normaly no, and they cannot request to without good cause, such as evidence you may have transfered funds to it to hide them from the OR for example

2. Would the OR consider taking my wifes car, or just mine?No if it was purchased by her

3. What happens if utility bill arrears are included in the bankruptcy? Will the companies cancel my accounts leaving me with no gas, electric etc..?They are not supposed too, but i believe British Gas have of late:rolleyes:

Many Thanks,
Andy

The above is assumeing its just you going BR


Edit- bit slow at typeing today:o