Monday, February 23, 2009

About Bankruptcy Annulment

About Bankruptcy Annulment
A bankruptcy order can be annulled by the court if

(1) You have repaid your debts and bankruptcy expenses in full, or
(2) You have provided full security to pledge to guarantee the debts, or
(3) You should not have been made bankrupt at the time the original
bankruptcy order was created, or
(4) A creditors' meeting has approved an IVA proposal.
Even if you have been made bankrupt and have been discharged after 12
months, it is often in your interests to at least enquire whether this could be an
option for you -the reasons being:

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