Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • baggies666
    • By baggies666 17th Oct 19, 10:57 AM
    • 47Posts
    • 20Thanks
    baggies666
    Bru orders
    • #1
    • 17th Oct 19, 10:57 AM
    Bru orders 17th Oct 19 at 10:57 AM
    It looks certain I am going to be giving a bru after my last meeting 2-5 years, I have looked up on the what the extra restrictions are, what I cannot see is if I plan to leave the uk does the order remain the same so outside uk if I apply for credit over 500 I still have to inform them about my uk order?

    Also I read that the order if from the date you accept, so if accept 3 years now it would finish 3 years today not tagged on to the end of my bankruptcy

    thanks
    May 2009 Debt-Free Wannabe

    Mortgage 128,170.66
    DEBT1 23,711-15,711 5500
Page 1
    • Minkym00
    • By Minkym00 17th Oct 19, 1:23 PM
    • 239 Posts
    • 96 Thanks
    Minkym00
    • #2
    • 17th Oct 19, 1:23 PM
    • #2
    • 17th Oct 19, 1:23 PM
    It's tagged on to the end of your bankruptcy, not from the date you sign it.


    Theoretically you should inform future potential creditors of your BRU but I can't imagine anyone actually does.
    • terrence45
    • By terrence45 19th Oct 19, 8:42 PM
    • 131 Posts
    • 62 Thanks
    terrence45
    • #3
    • 19th Oct 19, 8:42 PM
    • #3
    • 19th Oct 19, 8:42 PM
    I'd say it's the same as 'normal' bankrupts - the 500 thing is universal. Of course, if you're in Azerbaijan and get credit for the equivalent of 501 I think there's pretty much a zero chance of that news ever making its way to the UK insolvency service...
    • baggies666
    • By baggies666 20th Oct 19, 12:53 AM
    • 47 Posts
    • 20 Thanks
    baggies666
    • #4
    • 20th Oct 19, 12:53 AM
    • #4
    • 20th Oct 19, 12:53 AM
    Thanks cross reading for some reason I thought started when signed
    May 2009 Debt-Free Wannabe

    Mortgage 128,170.66
    DEBT1 23,711-15,711 5500
    • xFlake
    • By xFlake 30th Oct 19, 3:02 PM
    • 85 Posts
    • 44 Thanks
    xFlake
    • #5
    • 30th Oct 19, 3:02 PM
    • #5
    • 30th Oct 19, 3:02 PM
    Thanks cross reading for some reason I thought started when signed
    Originally posted by baggies666
    Hello. They apply once signed by both yourself and the Secretary of State. See the below link;

    https://www.insolvencydirect.bis.gov.uk/insolvencyprofessionandlegislation/dearip/dearipmill/chapter9.htm

    "A BRU is made in writing between the bankrupt and the Secretary of State and takes effect when signed by both parties, with a copy being sent to the bankrupt and the court. "
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

2,679Posts Today

7,402Users online

Martin's Twitter