I went into voluntary BR in March. Looks like I will have an BRO (due to gambling) which I have been advised will be 3 years (I can of course contest this, but I wont because it was due to gambling) I would like to know After March next year - BRO comes into effect end of march next year if I come i...

Thank you - will let you know once I have BR
Suz

Confused, I have 2 different answers from experts, melanie and james. Amount is very high around 80K. if there is a restriction order, what would that be normally?

Re going BR, the debt has been incurred due to gambling. Will I have a restriction order because it is due to gambling? Or would the normal be still 1 year? I have no assets and now live with my mother. Stillplying through lots and lots of paper and getting more and more confused!!
Suz

Worried, spoke to a legal expert who says that there could be a restriction order?? on my bakruptcy as I live with my Mother. Can you help on this?

I can probably work that out. Cash all before the BR day and any monies due in after BR will not be able to go into the account and therefore the company will be touch with me to find out where to send it to? Is that what happens. I have a nationwide account so only left with coop to pen a new accou...

Going br would seem the best option then.
What happens if after one year (discharged from BR) I then get a windfall or a relative dies and I get an inheretance. Can any money be claimed then?

Suz

Thank you. However my real concern is my money going to the bank that will be frozen - i.e. my pensions. state one and private ones. Should I now get my pensions paid into someone else's account? family. I understand if money is in there I can cash it before the BR. But money will go in once I am de...

If I leave it where it is - are the direct debits cancelled ? how long would it be before I can use the same account? I thought you could not use the same account. I am concerned about my health ins which needs to be paid and also car insurance. So is it still better to leave it where it is and have...

My income is purely pensions i.e. state and company pensions. I was advised that I could get these sent to my relatives account so that I would have money available whilst bankruptcy going ahead and my account will be frozen. I assume this is OK? also I assume i will need to advise the bankruptcy pe...

Intending going br. What happens to my money which is only pensions? post office accounts I believe you cant have pensions going in? how quick and where can i get my pensions into?

Thinking of IVA. example if I owe 88,000 and say paying 575 amonth. debt down to 32,000. If I get windfall, inheretence of say 80,000. Can I just pay off the 32,000?