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BRO/ BRU Statistics for 2008-09 Released

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BRO/ BRU Statistics for 2008-09 Released

   24 June 2009

Bankruptcy Restrictions were introduced by legislation on 01 April 2008 and can be applied where there has been a level of misconduct by the debtor either before or after the date of bankruptcy, as described in section 56B of the Act. The restrictions remain in force after the date of discharge for periods varying between 2 and 15 years, depending upon the severity of the misconduct.

Statistics and information on Bankruptcy Restriction Orders (BROs) and Bankruptcy Restrction Undertakings (BRUs) and the submissions made to the Bankruptcy Restrictions Team are now available to view on our website.

Statistics on BRO/ BRUs for 2008-09 and subsequent action taken have now been published.