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T O P I C R E V I E W
pjm
Posted - 14 November 2008 : 19:57:59 Did not know if anyone has an answer, my business partner & i went BR today, the judge was quite sympathetic to our predictment. However he thinks a bankruptcy restriction may be issued as we owed the VAT man money & paye. VAT man was about £2500 & PAYE only £350 ish. On our meeting with the OR tue we will be handing over about £10,000. Why would a restriction be placed on us? Paul
2 L A T E S T R E P L I E S (Newest First)
JulianDonnelly
Posted - 20 November 2008 : 15:03:23 Hi PJM,
I agree with Paul here. Given the amount of debt and what you're handing over, I would suggest a BRU/BRO is highly unlikely.
Julian Donnelly Spokesperson for www.Bankruptcyhelp.org.uk Don't forget the helpline on 0800 078 9367
Reviva UK
Posted - 14 November 2008 : 22:50:42 Hi there
from the little you have said I don't think you will be looking at a BRO.
In theory you could have paid paye or VAT but this would have been preferential.
SUggest you have done the right thing.
Paul Johns Assisted Bankruptcy Specialists Reviva UK
For a Free Impartial Review before taking the leap call me @ Reviva UK www.revivauk.com
