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The Bankruptcy Service Case Study Example: Extra Funds Received During Bankruptcy

The following bankruptcy case study is a fictitious example, designed to help you understand working situations where bankruptcy is and isn't appropriate.


I have received funds whilst bankrupt - what are my obligations?


I am just about to be discharged from my bankruptcy, but am due some money from a mis-sold PPI claim. Do I have to declare this?


Unfortunately you do – any extra income received during your bankruptcy period must be declared, and is considered an “asset”. It may then be used to pay off creditors.



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