Cheque clearance while bankrupt

maxmycardagain

Bethankim wrote: »

No idea but i'd love to see the stats for the amount of BRU's dished out this year...

OP I hope you gt the idea and act on it, if you dont you have at least been warned.
BR is hard enough without making it harder for yourself..

have a look

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


find one where a BR didnt declare a cash payout

Classylady2010_2

Blimey mmc, once you have read that you would never ever try and hide anything

maxmycardagain

Classylady2010 wrote: »

Blimey mmc, once you have read that you would never ever try and hide anything

why?

look again

most are obtaining credit, BRs running Ltd companies and hiding debts

i cant find 1 money hider

Classylady2010_2

ive re-read and Id still never try and hide anything

maxmycardagain

if his BRU was 4 years and he kept £50K, whats he lost really?

BTW, i would maybe be on the OR/Creditors side IF i thought what a BR forfeited went to the creditors 100% but somehow i doubt half gets distributed, with a LTD company liquidation theres usually nothing paid out with Insolvency practioners charging £750 per hour