Bankruptcy Restrictions Order (BRO)
A court order in England and Wales that extends bankruptcy restrictions where serious misconduct is established, potentially for several years.
Also known as: BRO
Related terms
-
Bankruptcy Restrictions Undertaking (BRU)
An agreement by a bankrupt person in England and Wales to accept extended bankruptcy restrictions without the court making a BRO.
-
Interim Bankruptcy Restrictions Order (IBRO)
A temporary court order in England and Wales extending bankruptcy restrictions while an application for a full Bankruptcy Restrictions Order is being decided.
-
Bankruptcy restrictions
Legal limits that apply while someone is bankrupt, including restrictions on certain borrowing, business activities and company directorships.
What’s your next step?
Get in touch with us at Bell & Company today to see how we can help