Spectrum personal plan solution

earwig

Addicted2Chocolate wrote:

agree it is the judge who decides whetehr to make the bankruptcy order, noone else.
But the procedure you describe after the bankruptcy and the contact you have with the OR will vary across courts and OR's offices. Sometimes you speak to someone at the OR's office over the telephone from the court, otherwise you may have to attend in person at the OR's office immediately after being declared bankrupt.
And some people wil have no initial interview, some will have a telephone interview and some will have a face to face interview. Depends on the circumstances of the case, such as whether the reasons for insolvency (section 11 of the statement of affairs) are adequate and reasonable, and whether there are any indications of misconduct ( i wont give details of what they are looking for)
Even after the first interview, be it telephone of face to face, the OR reserves the right to make further enquiries of third parties and call a further interview(s)....

hi i agree with you but i did say this is what happened to us and i didnt say that this what will happen to you it all depends on your postion and in early posts i have said that on the same day the judge had refused two other poeple their bankrupcty so it dose vary on your situation at the time and wheather the judge feels this is your only way out of debt but it great that you have pionted out that he may be treated differantly as i dont think he realise how serious giong bankrupt is and its not simply you have gone bankrupt so you dont have to pay anymore if the o/r feels he has enough income he will have to pay some money for up to three years or if he comes in to any money in the first year it will go to the o/r and not him but he seems to know all this so i will say no more about it other than i hope it works out for him so he is not so streesed

millsee

earwig wrote:

it dose vary on your situation at the time and wheather the judge feels this is your only way out of debt

Surely, the judge's concern is the best way of repaying creditors? If that is by making you bankrupt and thereby allowing the OR to seize your assets, then he will grant bankruptcy.