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 Is bankruptcy often refused?

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T O P I C    R E V I E W
leahk Posted - 25 January 2009 : 10:50:48
Is bankruptcy often refused? What happens then?
2   L A T E S T    R E P L I E S    (Newest First)
JulianDonnelly Posted - 26 January 2009 : 13:16:56
Hi Leahk,

The most common reason for a debtors petition to be refused is if that person was in an IVA and couldn't present the court with a certificate of failure/letter from their IP confirming the IVA has failed.

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367
joella68 Posted - 25 January 2009 : 12:04:47
i think its uncommon to be refused and if it is its sually because that person IS NOT insolvent, when we went to court the clerk said she had only ever seen one refussal is 25 years !

moving forward to new beginnings


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