Bankruptcy novice - what documents do I need?

Bankruptcy novice - what documents do I need?

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A new client tells me he was declared bankrupt in 2008 because of bad business decisions. I will be preparing his American (not UK) tax returns. Normally we risk assess all clients for anti-money laundering purposes. Is there anything special I need to ask because he was declared bankrupt??

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By bernard michael
04th Sep 2014 09:00

Have you checked that his bankruptcy has been discharged via the Insolvency Service web site?

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By David Treitel
04th Sep 2014 21:53

Bernard - great tip. The name is not there. Does this mean I am clean to ignore what I have been told, or should I do something special?

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By bernard michael
05th Sep 2014 09:14

As he has been discharged you only need to do normal ML checks

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