View Single Post
  #13  
Old 06-15-2009, 03:15 PM
Combwork's Avatar
Combwork Combwork is offline
Senior Member
 
Join Date: May 2009
Location: Scotland
Posts: 658
Quote:
Originally Posted by JJIII View Post
He also stated that there was an avenue open for him to be made well again. He chose to not persue it. I don't know how the legal system in Scotland works but it may have been possible to recover the 2000 pounds (?) needed to start the process.

I did not chose not to persue it. Despite being told I could apply to the Court to overturn the bankruptcy, until I did so I was bankrupt and subject to all its limits. This meant that I had no access to credit. Any action I took would have to be paid in cash up front. As I said, I did not have £2000. Classic catch 22. If I had had £2000 it would have been taken by the Accountant in Bankruptcy. If I had squirreled it away, even though I was using it to challenge the bankruptcy the fact that I had it without telling the Accountant in Bankruptcy would mean I was committing fraud, and could have gone to prison.
Reply With Quote