Can official receiver take money after discharge?

While any assets you obtain after you’ve been discharged are safe, any that were seized under the bankruptcy that have not yet been dealt with remain under the control of the trustee or official receiver. They can still be used to pay off your debts even after discharge and you will not be able to take them back.

What is a non provable debt?

Quick Reference. A debt that cannot be claimed in the course of bankruptcy proceedings. Examples are statute-barred debts and debts that cannot be fixed or estimated. Compare provable debt.

What does the official receiver check?

During the interview, the official receiver will: check the information in your questionnaire, if you were asked to complete one. ask for any other information about your property and debts that is needed, along with questions about the situation that led to your bankruptcy.

What are postponed debts?

Postponed Debt means the total Indebtedness that is fully postponed and subordinated, on terms satisfactory to the Bank, to the obligations owing to the Bank.

What does provable debt mean?

Provable debts. A bankruptcy debt, in relation to a bankrupt, means any of the following: (1) any debt or liability2 to which he is subject at the commencement of the bankruptcy3; (2) any debt or liability to which he may become subject after the commencement.

How far back does a trustee look?

The look-back period, or period of time that the trustee can go back to unwind these transfers, is ninety days for general creditors and one year for insiders (relatives or someone with a close or influential relationship with you—see more below).

Can the Official Receiver look at my bank account?

Does the official receiver check bank accounts? When you go bankrupt, you will need to be interviewed by the official receiver. So, whilst they cannot physically check your bank account, they will go through all your transactions to get an overview of your finances.