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tax rebate after discharge
abertawe1
Posts: 216 Forumite
hi all ,I was discharged april 30th 2013 I didn't have any ipa .since my discharge I have had 2 temp jobs which I am entitled to a tax rebate as I haven't earned enough money.am I right in saying the or has no intrest as it was earned after my bankruptcy.
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Comments
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The OR has no interest in you now, in anyway, you are free and clear.
The only time you need to even think about your BK is basically if you are looking to borrow more than £500 up until the 5 year point from your BK.
So, it's all good mate.I am not offering advice, at most I describe what I've experienced. My advice is always the same; Talk to a professional face to face.
Debt - None of any type: Bank or any other accounts? - None: Anything in my name? No. Am I being buried in my wife's name... probably :cool:
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Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
Mr_F_Dorsetty wrote: »The only time you need to even think about your BK is basically if you are looking to borrow more than £500 up until the 5 year point from your BK.
Incorrect. Restrictions on seeking credit of more than £500 only apply during the twelve-month period before being automatically discharged from bankruptcy. The OP is (hypothetically-speaking, as the advice you've given is not only incorrect but was unsolicited) free to apply for credit in any amount as a discharged bankrupt.
From gov.uk's guidance re: Bankruptcy (gov.uk/bankruptcy/restrictions):3. Restrictions
If you’re made bankrupt by the court you have to follow ‘bankruptcy restrictions’. This means you can’t:
borrow more than £500 without telling the lender you’re bankrupt
act as a director of a company
create, manage or promote a company without the court’s permission
manage a business with a different name without telling people you do business with that you’re bankrupt
work as an insolvency practitioner (an authorised debt specialist)
It’s a criminal offence to break the restrictions - if you do, the date you’re discharged (freed from your bankruptcy) can be delayed.
You should also co-operate with the people managing your bankruptcy. For example, provide any information they ask for.
How long the restrictions last
The restrictions usually last for 12 months from the date the court made you bankrupt.0 -
Mr_F_Dorsetty wrote: »The OR has no interest in you now, in anyway, you are free and clear.
The only time you need to even think about your BK is basically if you are looking to borrow more than £500 up until the 5 year point from your BK.
So, it's all good mate.
Wow! incorrect advice on an internet forum, would you believe it
:pB&SC No. 298
Life`s Tragedy is that we get OLD too soon
and WISE too late!0 -
please would you stop giving incorrect advice on here . its been a long time since you were B.R and things will changed yet over and over you keep telling posters not to take any advice on an internet forum then proceed to give incorrect advice!!
Rant over sorry to take over this thread just cross!!!0
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