Bankruptcy Restriction Order (BRO) Reasons Online
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Reasons for restrictions on peoples bankruptcy has now been made available online at the Insolvency Service website.
Bankruptcy Restriction Orders (BRO) are usually applied when the Official Receiver considers that a person applying for bankruptcy may have been dishonest or reckless in their spending. BRO’s can extend the period of bankrutpcy from 2 to 15 years.
Performing a random search on a common name such as “Smith” will give you an example of the information now available.
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