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Undischarged Bankrupt

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Undischarged Bankrupt
A person or organization who has filed for bankruptcy but has not received permission from the court to stop making payments on debts. Many debts are ultimately discharged (meaning forgiven), but some debts must be repaid even after the bankruptcy is finalized.


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About 27,500 of these were undischarged bankrupts and individuals receiving financial assistance from the government, who are automatically barred from the casinos.
A SIXTY-year-old failed haulage businessman who obtained over pounds 205,000 in credit when he was an undischarged bankrupt has avoided jail.
Charity Citizens Advice said the majority of banks were refusing to let undischarged bankrupts open even a basic bank account, that did not have a credit facility, despite there being no legal justification for this.
 
 
 
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