My partner went bankrupt in 2004 and now we both are looking to declare ourselves bankrupt. Would there be any consequences because of his previous bankruptcy?
It really depends on his circumstances, as a person can often be a victim of circumstances beyond their control e.g. a business venture that went wrong, unemployment, etc. In this case, we would not anticipate any repercussions. However, if it was found that he had frittered the money away on unnecessary luxuries or speculative ventures, he might receive a bankruptcy restriction order and remain bankrupt longer than the usual 12 months e.g. 3 years.
Bankruptcy UK specialises in taking people through the bankruptcy process in a straightforward manner. We will assess your circumstances then submit the bankruptcy application online. Court appearances are no longer required for bankruptcy. Call us for a chat about your circumstances on 01425 600129.