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I checked the London Gazette for the date of my bankruptcy but nothing has appeared .. has my case has been overlooked?

No it has not, it will definitely appear in due course. All bankruptcies that take place in England and Wales have to be recorded in the London Gazette. Occasionally records are batched before posting and this is the likely reason for the delay. Just for the record – if you’ll forgive the pun – the London Gazette is one of the official journals of record of the British Government in which certain statutory notices are required to be published. It is the oldest continuously published newspaper in the UK, having first been published on 7th November 1665 as The Oxford Gazette

Bankruptcy UK offers a full bankruptcy administration service and will submit your bankruptcy application online. Court appearances are no longer required for bankruptcy. Call us for bankruptcy help on 01425 600129 or for an informal chat about your circumstances.

How do I get my name removed from the Bankruptcy register?

I was made bankrupt in March 2007 and received a notice discharge later in the same year. All payments to the insolvency service under an IPA were completed by October 2010. Do i have to contact anybody to get my name removed from the Bankrupt register?

If you Google ‘Insolvency Register’ and search by ‘All courts in England and Wales’, we’re willing to bet any amount of money that your name no longer appears there. Names are removed after 15 months, without fail. The only possible exception is if you are in a restriction, which you are not.

Bankruptcy UK offers a full bankruptcy administration service and will submit your bankruptcy application online. Court appearances are no longer required for bankruptcy. Call us for bankruptcy help on 01425 600129 or for an informal chat about your circumstances.

Richard Rufus stopped from running company after being made bankrupt with £8 million debts

FORMER Charlton Athletic footballer and Purley resident Richard Rufus may be stopped from running a company after he was made bankrupt last year with up to £8 million worth of debts.

Rufus, 39, of The South Border, was made bankrupt in October 2013 after a £6 million failed investment scheme in high risk stocks and property cost his church £5 million.

Rufus came out of insolvency on October 22 this year but the official receiver has lodged an application for a bankruptcy restrictions order against him, which could prevent him from running a company.

A brief hearing at the Rolls Building of the High Court in London today (December 17) was told Rufus’ solicitors had asked for time to prepare their evidence in response to the application.

The former England under-21 international became a financial consultant after his injury-plagued Addicks career came to an end in 2004.

A born-again Christian, he was ordered to pay back £6.9 million to his church the Kingsway International Christian Centre and found £1.7 million.

However, his bankruptcy prevented any more money being recovered, with investors in the high risk scheme losing more than £3 million.

An Insolvency Service spokesman said Rufus may have debts of up to £16 million and owes the money to two church organisations and individual creditors.

Born in Lewisham, the 6ft 1in defender rose through Charlton’s academy and was tipped to play for England.

However, his career was dogged by knee injuries and he retired in 2004 but was voted in 2005 as Charlton’s greatest ever defender.

The case was adjourned until March 4, 2015 for a further directions hearing.

Irish debt and bankruptcy – can I go bankrupt in England?

Many people from the ROI are considering moving to the UK mainland for this reason, as the insolvency laws are so much more lenient in England and Wales. There are, however, some points to consider and something called ‘Centre of Main Interests’ or ‘COMI’ is all important. The Insolvency Service is acutely aware of the phenomenon of ‘bankruptcy tourism’ and there are some tough criteria to satisfy if you wish to proceed.

Typically, you would need to set up local bank accounts and utility / council tax facilities, register for tax, national insurance, have a tenancy agreement in place, place yourself on the electoral roll and so on. In other words, it has to appear that you are here to stay. You may apply for bankruptcy once you have been in England or Wales for three months. This is something of a speciality for us and our track record is solid.

Bankruptcy UK offers assistance at all levels and will also prepare and submit your bankruptcy application online. Court appearances for bankruptcy are no longer required. Feel free to call us for bankruptcy help on 01425 600129 for a chat about your circumstances.

 

Will a bankruptcy in the UK be valid in Norway?

If you were to declare bankruptcy in England or Wales with Norwegian debt, it will not be recognised in that country as there are no cross border agreements in place. Provided you remained in England or Wales after the bankruptcy, your Norwegian creditors would not be able to pursue you. However, if you were to return to Norway, they might choose to recover the debt as it still exists in their eyes.

Bankruptcy UK offers assistance at all levels and will also prepare and submit your bankruptcy application online. Court appearances for bankruptcy are no longer required. Feel free to call us for bankruptcy help on 01425 600129 for a chat about your circumstances.

will a bankrupt in italy still be bankrupt in england after 10yrs?

Will a bankrupt in italy still be bankrupt in england after 10yrs?

If you went bankrupt in Italy, it does not register on either the UK’s Insolvency Register or with the local Credit Reference Agencies viz. Experian and Equifax, so you have little to be concerned about. If we misunderstood the nature of the question, you are welcome to call us and clarify.

Bankruptcy UK offers assistance at all levels and will also prepare and submit your bankruptcy application online. Court appearances for bankruptcy are no longer required. Feel free to call us for bankruptcy help on 01425 600129 for a chat about your circumstances.

Property in Ireland and now going bankrupt …

I have a property in Ireland in negative equity. Would bankruptcy be an option? What are the consequences?

Properties in negative equity are not lost in bankruptcy provided mortgage payments are maintained. The Trustee / Official Receiver registers his interest in the property on the Land Registry, then reviews the position 27 months later. On the other hand, Irish properties are often in serious negative equity and you might want to simply surrender the property and include the shortfall in the bankruptcy.

Please note that the insolvency laws in Northern Ireland and the Republic of Ireland are very different. In Northern Ireland, the laws are almost identical to those in England and Wales i.e. 12 months in bankruptcy, but in the Republic of Ireland bankruptcy lasts for 3 years. For this reason, people considering bankruptcy in the Republic of Ireland often choose to relocate north of the border or to England / Wales.

Provided it is clear that this is a permanent move and that the ‘Centre of Main Interests (COMI)’ is now in the chosen area, it would be possible to proceed using the more lenient insolvency laws. We have helped countless people from the Republic of Ireland over the years, so give us a call and we’ll talk you through it. We weren’t clear as to whether you had already relocated or were simply considering it.

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.

What happens to my pension in bankruptcy?

I am still paying towards a pension. Can they take the money from my pension fund if I go bankrupt?

HMRC approved pensions are ringposted in bankruptcy and cannot be touched. This applies for pensions taken out in England and Wales, but not for those who have pensions in the Republic of Ireland and a number of the other EU member states.

There was legislation being considered at one point that might have obliged those in their early to mid 50s to hand over part of their pensions at age 55, but this was rejected by the Lords.

Feel free to call us on 01425 600129 with any other questions or for bankruptcy help. Questions may also be posted on our Home Page. Court appearances are no longer required for bankruptcy as everything is processed online.

Can you go bankrupt in England if you live in Southern Ireland?

This question comes up a lot and the short answer is that you would need to relocate to either England or Wales to be successful.

If this is impractical, you would need to declare bankruptcy in Southern Ireland. Even if you were to relocate, it is not entirely straightforward as you have to satisfy something called ‘COMI’ or Centre of Main Interests. The Official Receiver needs to be satisfied that you have moved here permanently, thus moving your Centre of Main Interests from Ireland to England or Wales.

Unfortunately, there has been a lot of ‘bankruptcy tourism’ in the past and cases are looked at closely now. The good news is that this is one of our specialities and we can guide you through the process seamlessly.

Feel free to call us on 01425 600129, 07812 917002 or 07894 481175 with any other bankruptcy questions or for bankruptcy help.

Should I disclose my foreign property?

If petitioning for bankruptcy in England can the Official Receiver find out if I have property abroad?

The objective of bankruptcy is to rid yourself of unmanageable debt and have a fresh start.  You are obliged to disclose information about all assets including property owned abroad and every significant asset – household furniture and personal items are excluded.

It is entirely possible that the Official Receiver would be unaware of any foreign properties, but if you choose not to disclose these and they find an audit trail leading to one of these foreign properties from one of your accounts, you would probably get a restriction. A restriction is where you are bankrupt for several years, instead of the usual 12 months.

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.

 

 

Bankruptcy UK

Bankruptcy UK