I have heard that after declaring bankruptcy the OR will seize my laptop and use it to look back on all my activity upto the last two years, firstly i think this would be an awful invasion of privacy and secondly although i am currently off work ill i will really need it when i return to my self employed job for work issues even though it is only a few months old.
this is true that in very complicated cases of high debt and where there is a suspicion of wrong doing such as hiding funds the OR has the power to seize the laptop purely to interrogate the hard drive in respect of your self employed accounts.
This would be very very rare and as long as you can produce those accounts in some other form the OR will have no interest in your laptop.
Likewise if on the SoA (section 2)you have advised that your accounting records (ie where it asks if your accounts are computerised you have left it blank or said no) are not even on the laptop the OR will have no interest.
Is this true ?
Posted - 19 March 2009 : 07:56:32
