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will the OR find out...
kw899899
Posts: 68 Forumite
just found out that i have received a £2000 inheritance having already gone bankrupt last week if i put this in my new bank account is it likely that i will lose it all? will the OR find out if i dont tell him???
do you usually have to submit your statements for your new account (opened after Bankruptcy) bfore your bankruptcy period is up?
any help is appreciated
do you usually have to submit your statements for your new account (opened after Bankruptcy) bfore your bankruptcy period is up?
any help is appreciated
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Comments
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Tell the OR it isn't your money to keep.Barclaycard 3800
Nothing to do but hibernate till spring
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If you deceive the OR and are found out He'll be all over you like a rash. Honesty is best. That way we sleep at nightBR 18 Oct 2006 Discharged 16 April 2007 :T0
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Tell the OR, it is in one of the forms you probably signed after bankruptcy that you inform the OR of receiving any inheritances.Went BR 25th May 2007 at 12.33, OR Interview now done. :eek: BSC No 880
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Officially, any money you receive now belongs to the OR. If this money could be paid to a third party, and you do not receive it, then you may find a way round this. Perhaps you could 'rreceive' it at a later date.
If the money must be paid to you, then my instinct is to declare it, as although the OR does not generally ask for your new bank account details, they may. In the event that yours does, it will be very bad if they see that almost immediately after BR you receive £2000 that you did not tell them about.
Also if someone knows you and knows you are bankrupt and it is in your account they may snitch (not a nice thought but possible).
Sorry about above, (BH)Unfortunately people like BH are free to make whatever comments they choose. It would be nice if the likes of BH supported their comments with further advice/support, but like so many they prefer to use the pretentious, 'better than you' stance. This does nothing but breed bad feeling.
Personally I see no harm in trying to find a way to keep the money. Just be careful and preferably legal.
For what it's worth, for this amount, I would tell the OR.:starmod: I am not that savage :heartpuls But I am a Vixen :staradmin0 -
i thought you would all say declare it! ha damn!
ok thanks guys. ill try to get arounf it if i can though ie try to get it in my boyfriends name. watch this space!0 -
If you have just found out, it may take months for the money to appear, if at all, so you could wait and see.
When my gran died, it took 1 year to get the money she left me, and £2000 is not a huge inheritance.:starmod: I am not that savage :heartpuls But I am a Vixen :staradmin0 -
There IS a specific question, about inheritances, on the form which you will need to fill in before OR interview. However, I'm not sure how the OR will handle this, as it is a relatively small sum, and it could be argued that this will be used for 'living expenses'.
However, tell the truth - my own feeling is that OR will err on the sympathetic side.I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.
HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7
DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS0 -
Savagevixen you are encouraging them to be dishonest at the end of the day if they get caught out then they end up in more trouble than they are now. Its in the terms when you go bankrupt that is has to be declaired, the OP knew this before they posted.Barclaycard 3800
Nothing to do but hibernate till spring
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Broken_hearted wrote: »Savagevixen you are encouraging them to be dishonest at the end of the day if they get caught out then they end up in more trouble than they are now. Its in the terms when you go bankrupt that is has to be declaired, the OP knew this before they posted.
If the OP finds a way round this then good luck to them. I am not encouraging them to be dishonest and I have clearly said that I would declare it. If the OP's brother received £4000 who would really be any the wiser.
It is not up to us to judge. It is the OP's decision.
Crawl back under your stone and play with the other worms.:p:starmod: I am not that savage :heartpuls But I am a Vixen :staradmin0 -
Broken_hearted wrote: »Savagevixen you are encouraging them to be dishonest at the end of the day if they get caught out then they end up in more trouble than they are now. Its in the terms when you go bankrupt that is has to be declaired, the OP knew this before they posted.
Broken Hearted. You are really up yourself and annoying.:starmod: I am not that savage :heartpuls But I am a Vixen :staradmin0
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