How long will i have a BRO for Gambling?

Jamese_2

Hi guys,

thanks to all the advice given to me so far its been really helpful - basically i have got to go bankrupt due to gambling.... how long should i expect to have a restriction on for the nature of my debts?

I have been told 6 years worse case - if thats the case then how do i look to negotiate a more leniant restriction?

Anyone who has had similar things would be great to hear from you and what you think

Thanks guys

BB&B

Hi James

This is going to be all but impossible to answer, as there are so many individual circumstances involved, which are between you and the OR only.

I know that the average is about 6 years, and I have seen some for 3 years and one for 10 years.

BRO/U are not clear cut in what tariff is given, and a lot can come down to the indiviudal ORs office!!

You are within your right to challenge/negotiate any BRU offered but be aware that if the examiner doesn't like this they can opt to take it into court for a BRO (this will normally attract a longer length BRO)

Tim

confused76

hi there
i don't know much about this topic, but here is some information:


Bankruptcy Restriction Undertakings / Orders.

• Bankruptcy Restrictions Orders (IS)
• FAQ - Bankruptcy Restriction Orders / Undertaking ( BRO/BRU ) (IS)

hopefully other people will reply

confused76

in addition, are you seeking help for the gambling?

dojoman

As the others have said there is no definitive answer, just be totally honest with the OR and don`t try to hide anything from them. If you don`t mind me asking who gave you the 6 year figure?

You may find this thread interesting.

https://forums.moneysavingexpert.com/discussion/1802595

IF

Hi james, have you contacted one of the debt charities yet as advised earlier??

https://forums.moneysavingexpert.com/discussion/2919046

out_of_cash

How much was the debt associated with gambling,? i had gambling on mine and didnt get a bro so not sure how they view all this.

Like the others said best to be honest i was and even itemised the amounts andd accounts for them to corss reference maybe this helped!

JCS1

BB&B wrote: »

Hi James

This is going to be all but impossible to answer, as there are so many individual circumstances involved, which are between you and the OR only.

I know that the average is about 6 years, and I have seen some for 3 years and one for 10 years.

BRO/U are not clear cut in what tariff is given, and a lot can come down to the indiviudal ORs office!!

You are within your right to challenge/negotiate any BRU offered but be aware that if the examiner doesn't like this they can opt to take it into court for a BRO (this will normally attract a longer length BRO)

Tim

BRO's should be consistent across the OR's offices, as they all go to a central authorisations team in London for review.

But it does depend on your individual circumstances, and obtaining help for your gambling problem should help too.

debtinfo

You can search other peoples BRO's here and look for similar circumstances and see what sort of terms they got, generaly the things that can help reduce the period now is by showing that you are getting help and bu accepting the BRU rather than forcing a BRO