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 Is bankruptcy often refused?
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leahk
Junior Member



117 Posts

Posted - 25 January 2009 :  10:50:48  Show Profile  Reply with Quote
Is bankruptcy often refused? What happens then?

joella68
Junior Member



United Kingdom
280 Posts

Posted - 25 January 2009 :  12:04:47  Show Profile  Reply with Quote
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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JulianDonnelly
Junior Member



United Kingdom
325 Posts

Posted - 26 January 2009 :  13:16:56  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
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
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