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Are there any job restrictions after Bankruptcy?

angels01
angels01 Posts: 111 Forumite
in Bankruptcy & living with it
Hello,

Been a long time since I last posted on here. As usual, i've returned with a new question that I am hoping someone would be able to answer.

I basically want to know the answer to the thread question. Is there any restrictions to you having certain jobs after you've declared yourself Bankrupt? i.e. Solicitor/Lawyer? It may be a silly question but i've scrolled a pages of the threads on here and not come across a similar topic.

Many thanks
Angels

Comments

  • IF
    IF Posts: 34,349 Forumite
    10,000 Posts Combo Breaker
    Hi angels01, The only thing I could find is this thread. Hope it helps mind you it is 3 years old!! :eek:


    https://forums.moneysavingexpert.com/discussion/755959


    Fermi, please correct me if this is out of date xx

    Best wishes
    If...x
    "If wishes were horses, then beggars would ride"
  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    bsmok wrote: »
    not sure about solicitor but definatly not a councilor

    Solicitor - The practising certificate would be suspended on the making of the bankruptcy order. Would then be up to the law society as to whether you could continue to practice.

    Councillor - You are no longer barred from being one of those. Law changed in 2004 I think?
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
  • IF
    IF Posts: 34,349 Forumite
    10,000 Posts Combo Breaker
    fermi wrote: »
    Councillor - You are no longer barred from being one of those. Law changed in 2004 I think?
    25.32EA Local government councillor

    Whilst formerly an undischarged bankrupt could not hold office in local government whilst bankrupt this has been amended by EA 2002 so that he is only disqualified from so acting if there is a BRO in force against him.
    Notes: EA s 267 Local Government Act 1972 s 80(1)(b)[

    Is this the bit??
    "If wishes were horses, then beggars would ride"
  • IF
    IF Posts: 34,349 Forumite
    10,000 Posts Combo Breaker
    I must admit Fermi I nicked it from a previous post of yours!! :o:o:D


    http://forums.moneysavingexpert.com/showpost.php?p=8806281&postcount=4
    "If wishes were horses, then beggars would ride"
  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    ifwisheswerehorses... wrote: »
    Is this the bit??

    Basically.

    Those sections of the manual have been re-written since then, but the upshot is the same.


    ---> Ch 25: Restrictions on Bankrupts

    Those are legal restrictions only.

    Those imposed by professional bodies/memberships and company policies etc won't be covered.
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
  • IF
    IF Posts: 34,349 Forumite
    10,000 Posts Combo Breaker
    fermi wrote: »
    Basically.

    Those sections of the manual have been re-written since then, but the upshot is the same.


    ---> Ch 25: Restrictions on Bankrupts

    Those are legal restrictions only.

    Those imposed by professional bodies/memberships and company policies etc won't be covered.

    Thanks Fermi :beer:
    "If wishes were horses, then beggars would ride"
  • Wh05apk
    Wh05apk Posts: 2,938 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Mortgage broker, financial advisor.

    Suspect probably accountant?
    I am a mortgage adviser.
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • angels01
    angels01 Posts: 111 Forumite
    Thanks everyone for the info. As usual you've all be a great help.
This discussion has been closed.
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