GDPR Cookie Consent by SimpleServe Privacy Script What can be included in BR? - AAD Consumer Forum

Announcement

Collapse
No announcement yet.

What can be included in BR?

Collapse
X
Collapse
 
  • Page of 1
  • Filter
  • Time
  • Show
Clear All
new posts
Previous template Next
  • #1

    What can be included in BR?

    I just went bankrupt on Friday. This is actually the first time I've been debt free for 7 years!

    Something I wondered (It genuinely is just a query, I'm not going to do it!).

    I've been reading I can not get a loan for over £500 without declaring my bankruptcy, but lets say I managed to get one for £50. Something nice and small.

    Even though I got this loan after being declared bankrupt, could I then add it to my bankruptcy form? Sounds a cheeky way to get free money, but surely that would be classed as theft?!

    As I said, not going to do it, I have a conscience, but just wondered!
    Tags: bankrupt, bankruptcy, companies, con, debt, debts, default, fashion, free, friday, insolvency, liability, loan, loans, money, nice, order, prosecutions, reading, small, theft, £50
  • #2
    Re: What can be included in BR

    No you couldn't really get away with that

    Plus who'd loan anything (formally) to someone currently BR
    I'm the forum administrator and I look after the theme & features, our volunteers & users and also look after any complaints or Data Protection queries that pass through the forum or main website. I am extremely busy so if you do contact me or need a reply to a forum post then use the email or PM features offered because I do miss things and get tied up for days at a time!

    If you spot any spammers, AE's, abusive or libellous posts or anything else that just doesn't feel right then please report them to me as soon as you spot them at: webmaster@all-about-debt.co.uk

    Comment

    • #3
      Re: What can be included in BR

      Thought as much.

      Wonder if anyone has tried it!

      Comment

      • #4
        Re: What can be included in BR

        only debts prior to BR can be added im afraid, otherwise we'd all get out loans and then include it haha
        I'm an official AAD Moderator and also a volunteer, here to help make the forum run smoothly. Any views or opinions are mine and not the official line of AAD. Similarly, any advice I have offered you is done so on an informal basis, without prejudice or liability. If in doubt seek advice from a qualified insured professional - Find a Solicitor or go to the National Probono Centre.

        If you spot an abusive or libellous post then please report it by Clicking Here. If you need to contact me, for instance if I've issued you a warning, moved, edited or deleted your post, please send me a message by clicking my username.

        Comment

        • #5
          Re: What can be included in BR

          some recent press releases (and prosecutions) here

          http://insolvency.presscentre.com/co...x?NewsAreaId=2

          Comment

          • #6
            Re: What can be included in BR

            Originally posted by Never-In-Doubt View Post
            No you couldn't really get away with that

            Plus who'd loan anything (formally) to someone currently BR
            Payday loan companies
            "I fear all we have done is to awaken a sleeping giant and fill him with a terrible resolve."

            The consumer is that sleeping giant.!!


            I'm an official AAD Moderator and also a volunteer, here to help make the forum run smoothly. Any views or opinions are mine and not the official line of AAD. Similarly, any advice I have offered you is done so on an informal basis, without prejudice or liability. If in doubt seek advice from a qualified insured professional - Find a Solicitor or go to the National Probono Centre.

            If you spot an abusive or libellous post then please report it by Clicking Here. If you need to contact me, for instance if I've issued you a warning, moved, edited or deleted your post, please send me a message by clicking my username.

            Comment

            • #7
              Re: What can be included in BR?

              eugenespeed, I've moved posts to your own thread
              "If wishes were horses, beggars would ride"

              Comment

              • #8
                Re: What can be included in BR

                Definition of a bankruptcy debt is.

                Bankruptcy debt”, in relation to a bankrupt, means (subject to the next subsection) any of the following—

                (a) any debt or liability to which he is subject at the commencement of the bankruptcy,

                (b) any debt or liability to which he may become subject after the commencement of the bankruptcy (including after his discharge from bankruptcy) by reason of any obligation incurred before the commencement of the bankruptcy,
                In both those cases, a debt incurred after the BR order in the fashion you mention would not be covered.
                I'm an official AAD Moderator and also a volunteer, here to help make the forum run smoothly. Any views or opinions are mine and not the official line of AAD. Similarly, any advice I have offered you is done so on an informal basis, without prejudice or liability. If in doubt seek advice from a qualified insured professional - Find a Solicitor or go to the National Probono Centre.

                If you spot an abusive or libellous post then please report it by Clicking Here. If you need to contact me, for instance if I've issued you a warning, moved, edited or deleted your post, please send me a message by clicking my username.

                Comment

                Previous template Next
                Working...
                X