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Old 06-15-2009, 04:45 PM
Sandy G Sandy G is offline
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Join Date: May 2009
Posts: 1,354
Quote:
Originally Posted by Combwork View Post
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.
Classic "Damned if you do, damned if you don't" situation...
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