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Posted: Wed Apr 09, 2008 7:20 am
by worriedgirl
As anyone who has declared themselve bankrupt had a BRU against them.
Posted: Wed Apr 09, 2008 9:32 am
by buttercup
What exactly is a BRU? and what does it mean for the bankrupt.
Posted: Wed Apr 09, 2008 3:37 pm
by worriedgirl
Sorry a BRU /BRO Bankrupcy Undertaking/Order and extended time in bankruptcy i think for bad conduct of your credit
Posted: Wed Apr 09, 2008 3:42 pm
by chris.g
Yeah, they are a punishment for not co-operating and/or hiding assets/information. If the OR deems that you have been irrisponsible or reckless leading upto or during your br, they can apply a BRU/BRO. They can last for upto 15yr so they are quite serious.
Posted: Wed Apr 09, 2008 3:43 pm
by worriedgirl
thanks
Did you get one and what sort of thing do they give them for.
Posted: Wed Apr 09, 2008 3:51 pm
by chris.g
I haven't got one, and hopefully won't get one!
check this link out, should explain a few things, [:)]
http://www.insolvency.gov.uk/freedomofi ... BROBRU.HTM
Posted: Wed Apr 09, 2008 3:53 pm
by Skippy
I didn't get one. Have a look on the Insolvency Service website where it lists all outstanding BRU/BRO's and the reasons they were given -
http://www.insolvency.gov.uk/databases/ ... search.htm
Posted: Wed Apr 09, 2008 4:39 pm
by buttercup
A real name & shame board then. did not realise they could do that
Posted: Wed Apr 09, 2008 5:53 pm
by ianmillington
That is exactly how I describe it.
Ian