We acted for a trustee in bankruptcy who discovered, through the analysis of bank statements and the subsequent interview of the bankrupt, that the bankrupt had purchased a property shortly before petitioning for his own bankruptcy. The property had been bought in the name of a third party who turned out to be the girlfriend of the bankrupt with whom he had a second family. The property had recently been sold, and using the powers available under the Insolvency Act we discovered who had acted on the sale and obtained a copy of their file to determine where the proceeds of sale had been sent.
We obtained a freezing injunction over the girlfriend’s assets and the account into which the proceeds of sale had been sent. The girlfriend failed to comply with the disclosure obligations under the freezing injunction and the Court, of its own volition, debarred her from defending the claim. Judgment was obtained in a sum around £1million.
