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T O P I C R E V I E W
Mancunian
Posted - 25 June 2008 : 15:08:33 hi all
when you go bankrupt I assume you have to show/ justify how the debt was incurred.
how do they judge things that are hard to prove/document? say foreign expenditure, gambling, drugs etc etc
thanks
1 L A T E S T R E P L I E S (Newest First)
Suzanne
Posted - 25 June 2008 : 16:16:16 Hi Mancunian When you go bankrupt they will ask you for 6-12 months worth of statements. Any unexplained or large transactions will be investigated further by and investigating examiner and you will probably be interviewed a second time face to face. If they are still not happy with your explanation they will apply for a BRO for failure to account or extravagance.
