Help and advice please

Whacker

I was made bankrupt this month.

A company terminated my contracts with them and then decided to sue me for 90k ( right stitch up ) I can't sue them back for the termination as they based overseas .

I've done the court bit as they filed for bankruptcy and was expecting a phone call but now have had letter and called for interview.

I'm also going through divorce too but am living with my girlfriend.

A. I'm worried about this interview and why didn't I get a phone call one ? How bad are they?

Since the contract terminations I haven't worked or earn't but I haven't claimed either will this be looked down on or not believed ?

My Father has Lukimea and I have been looking after him and my girlfriend has been very supportive financially as she works etc

Any advice appreciated

Hopeful1968

Hi Whacker,

As you were made bankrupt as opposed to making yourself bankrupt it is normal to go to the OR's office for a face to face interview. They will have sent you the questionnaire to be completed as best as you can and bring it with you on the day. They will then go through the paperwork with you.

You will get your chance to explain everything at your interview. Just remember that the examiner is human, so nothing to worry about on that score.

National_Debtline

Hi Whacker and welcome to the forum.


I am assuming that this overseas company petitioned for your bankruptcy here in the UK?


Some basic answers to your questions:

Whacker wrote: »

I'm worried about this interview and why didn't I get a phone call one ? How bad are they?

If you've been made bankrupt by a creditor, as opposed to doing so yourself, the Official Receiver (OR) won't necessarily have all the information needed to handle your bankruptcy effectively e.g. your regular income, outgoings and details of any assets you might own. Also, the overseas dimension to your case may mean the OR expects it to be a little less straightforward than the average bankruptcy. So it is mostly going to be a fact-finding mission for the OR - it's not intended to be an interrogation.

Whacker wrote: »

Since the contract terminations I haven't worked or earn't but I haven't claimed either will this be looked down on or not believed ?

"Looking down on" a bankrupt's lack of work or income doesn't come into it. The OR may well request bank statements etc. to corroborate any income/outgoings figures you give them, but this is standard practice.


You should not expect to be the subject of any bankruptcy "restrictions" purely on the basis of not having worked or claimed anything for a given period. Restrictions are generally reserved for those whose conduct leading up to bankruptcy can be seen as reckless, dishonest or a combination of the two.



I hope that helps; it's well worth your while also getting some more detailed advice from one of the free agencies listed elsewhere on this forum:


https://forums.moneysavingexpert.com/discussion/4228011


Dennis
@natdebtline

Whacker

Thanks for the advice so far.

It was a UK Company that bankrupted me as the same people had a registered UK Company too.

The OR actually phoned yesterday and have to say the phone call has made for an unpleasant weekend, nerves really I guess for next weeks interview.

I'm concerned I won't get just 12 months when really I haven't done anything wrong apart from being stitched up.

What's the actual purpose of the interview?

I have no assets apart from a home that my ex lives in and not much equity and I explained that.

I also explained after this Company who made me BR I went self employed for a very short period after leaving the Company as a Director.

I don't have much accounting or booking for that period.

Am I going to get carpeted for this or is the interview more for looking into my assets ( or lack of them )

I explained I'm not working now at all and have no income.

Any more advice regards this nerve racking interview process much appreciated.

I've filled out the green book nearly with the answers for the list of questions, I did think this process wouldn't be as bad as this or am I getting paranoid ? I have nothing to hide but it seems to me they are digging and trying to trip me up, when all I've done is got bankrupted by a company , to be honest they did me a favour as I was going to do it myself anyway as another directors loan debt was pending down hard from a liquidators solicitors as a previous company I held was liquidated by HMRC , who then through solicitors have been trying to do a deal and settlement on what they classed as a Director loan account. My accountant recommended this at the time.

A right old mess of finances previous and now the liquidator becomes a creditor.

All in all 89k to the UK Company ( stitch up)

200k to the liquidator

Then just Natwest Bank 10k and couple of small credit cards

Am I going to be hung or is this just something they seen before and put me in for 12 mnths or do I get longer for basically not being responsible enough ?