Restrictions
Advice
There are certain bankruptcy restrictions; you must follow. Some of the terms you must abide by are as follows:
- borrow more than £500 without telling the lender you are bankrupt;
- Act as a director of a company without the court’s permission;
- Create, manage, or promote a company without the court’s permission;
- Operate a business with a different name without disclosing your bankruptcy to clients/suppliers etc; and
- Work as an insolvency practitioner.
It is illegal to break the restrictions, and you must legally cooperate with the people managing your bankruptcy. For example, providing them with any information, they request. Restrictions last until your bankruptcy is cancelled or runs its course.
How we can help
Lestons can discuss options with you to explain these restrictions in more detail. To create a case and gain our assistance just click the link at the top of this page, you will then need to deposit a sum equal to one hour’s usage, upon receipt of these funds you will be assigned your personal caseworker who will telephone you to discuss the matter and make suggestions on how to proceed. Please note your caseworker can only give generic advice, their role is to prepare your details for handling by our legal team and to act as your point of contact, they will also issue you with your Password and PIN, these will be needed to log onto your client dashboard. From your dashboard you will be able to manage and view every aspect of your case, upload documents, images, files etc.