What would happen if................

Richard_S

IRT1959 wrote: »

Hi Folks.

I have a general question to ask before I post my main query and hopefully someone will have a definitive answer.

When submitting the forms for BR what would be the penalty if they were found to be incorrect at a later date? By this I mean not declaring any part time earnings to the OR at the time of filing the bankruptcy forms.

What course of actions does the OR have if that is proven to be the case? and if the individual actually made a financial loss via the part time work, would the OR still take any action?

Thanks In Advance

Hi IRT,

I can give you a definitive answer; absolutely nothing will happen. Once a bankrupt is discharged that's the end of it; any ommissions by the O.R are history.

You're in the clear;:beer: whatever you forgot to declare won't come back to haunt you; not this month; not next; not this year, or next year; in fact, never.

I hope that answers your question, and you can get on with your life.....

Richard

IRT1959

Cheers Rich. :beer: Hopefully I can

Richard_S wrote: »

Hi IRT,

I can give you a definitive answer; absolutely nothing will happen. Once a bankrupt is discharged that's the end of it; any ommissions by the O.R are history.

You're in the clear;:beer: whatever you forgot to declare won't come back to haunt you; not this month; not next; not this year, or next year; in fact, never.

I hope that answers your question, and you can get on with your life.....

Richard

fermi

Since they/you have not made any money out of it or used it to put any funds beyond the creditors then I can't imagine the OR giving "two hoots".

They really do have bigger things to worry about.:p

Richard_S

IRT1959 wrote: »

Thanks all From what I have gathered from looking at this problem, each case is treat on its merits but normally ends up where the case is re-opened and the final date for discharge is many years hence. grrrrr.

I have my post almost ready but have to trim to under the 5000 characters the site allows, lol.

All will become apparent shortly.

Again, Many Thanks to all who responed.

You really have nothing to worry about IRT. The I.S and the O.R's offices are much too busy to bother with minor indiscretions. There just aren't the resources to retrospectively review individual cases; mistakes happen.:rolleyes: :rolleyes:

Put the past behind you, and move on.

Richard

dalip

Well how the hell did you miss that bit of info off:D . If after dscharge why the bloody hell would the OR be interested in it, even if it did occur before discharge. The OR is a very busy man/women they have better things to do than investigate some person that may/may not(who is going to prove it?)have done a little undeclared work. Don't you worry sleep tight tonight.I would say there is nothing the OR could do even if someone did grass you up;) .D