Stat Demand Ignored

30summit

Thanks, hoping this will work. He has a fairly large cash sum available (donated by friend) and owns various properties.

thanks

Flyright

If he has already been declared bankrupt he will need to speak to the OR even if an annulment is being sought as the OR's costs, fees and expenses must be paid and for annulment to proceed all debts must be paid in full, not just the petitioning creditor's debt.

30summit

Yeah, speaking this week.

Do the OR provide the total cost due? how do we get this info?

thanks

fatbelly

From the earlier link:

If he's paid his debts and all the expenses in full:

To apply for an annulment because you've paid your bankruptcy debts and expenses in full, you should follow this process:

• complete an Insolvency Act application form (IAA) - you can find the IAA form on HM Courts & Tribunals Service website
• make a written witness statement, setting out the details of your debts and the bankruptcy expense. Give details of payments you've made and proof of these
• return the application form and witness statement to the court, which will then set a date for a hearing
• tell the official receiver or bankruptcy trustee about the hearing at least 28 days in advance, and send them a copy of your application and witness statement
• attend the court hearing

The bankruptcy trustee will send a report to the court to confirm you've paid your debts and explain how you've conducted your financial affairs during the bankruptcy.

You'll need to pay an application fee but, depending on your circumstances, you may be able to get this waived or reduced. Ask the court.

30summit

Thanks guys.

Once annulled, do you ever have to declare you was bankrupt if ever asked in future?


thanks

National_Debtline

Hi 30summit


If an annulment is granted it puts you back in the same position legally as if the bankruptcy order had never been made. On that basis you would not have to declare the bankruptcy in the future.


Susie
@natdebtline