Restrictions involve your personal and business life and include, but are not limited to, the following:
Having to inform potential lenders of your Bankruptcy Restriction Order if you’re seeking credit in excess of £2,000 (either singly or jointly), or you’ve incurred debts in excess of £1,000 since being made bankrupt, and are seeking any amount of further credit.
Not taking office as a local authority member
Not acting as a company director or taking an indirect role in forming, managing, or promoting a company, without express permission from the courts
Breaking these restrictions is a criminal offence, and can result in a prison sentence.