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Life after bankruptcy
daprodukt
Posts: 11 Forumite
Hello I went Bankrupt last year and have a few questions regarding how it effects my life post bankruptcy.
Basically I have been bankrupt for around 6 months now (well tomorrow) and in this time my father passed away and has left me around £21K. The money was left through a system that means that it is given to me as a gift and so isn’t taxed.
My question is if I pay this into my bank account will the OR see it and then ask me for the money to help pay off the debts? Also I would like to buy a car with this money, if I buy the car in my name can they see this and take the car?
Thanks in advance
Basically I have been bankrupt for around 6 months now (well tomorrow) and in this time my father passed away and has left me around £21K. The money was left through a system that means that it is given to me as a gift and so isn’t taxed.
My question is if I pay this into my bank account will the OR see it and then ask me for the money to help pay off the debts? Also I would like to buy a car with this money, if I buy the car in my name can they see this and take the car?
Thanks in advance
0
Comments
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Hi daprodukt, welcome to the forum! The folks in the bankruptcy sub board should be able to help you better... best of luck sorting your finances.0
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