Official Receiver Letter

Shani1983

I filed for bankruptcy a week ago. I have now received few queries from Official Receiver regarding details. I had thought to discuss with the experts here before I start writing a response letter.

Offical receiver questions relate to a bank loan I secured in Jan 2007. Purpose of the loan was a car purchase. In his letter OR has asked for detail of the new owner, date vehicle was sold, amount received and how sales proceeds were disbursed.

I have not a crisp memory of all these details. Can any one suggest best strategy to respond under such circumstances.

2. My second question is that till the time of filing bankruptcy few details (such as bank loan agreement numbers) were not clear. Now I have got all the right information. Do I need to inform OR with corrected information.


Million thanks in advance.

skylight

Did you get a new vehicle? You should be able to get a date from the change of insurance details documents. New owner - was it a private sale? If so, then you will have to tell the OR the truth; you won't be the first to not have kept details. Amount - check bank statements; like wise you should be able to see what you spent the money on (day to day living expenses? A short holiday??)

Most of all, be honest.