If bankruptcy period is extended for recklessness

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matt.j

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Post by matt.j » Tue Jun 26, 2007 9:02 am
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If your bankruptcy period is extended for recklessness etc,does this mean that an ipo can be brought against you for the whole period of your bankruptcy or is there a time limit for when an ipo can be initialised..?.
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MelanieGiles

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Post by MelanieGiles » Tue Jun 26, 2007 9:04 am
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An IPO is set for a maximum three year period, regardless of discharge date.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
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Skippy

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Post by Skippy » Tue Jun 26, 2007 10:09 am
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And as far as I am aware it has to be set up in the first year of you BR.

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/
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