Bad News for Boris Becker: Bankruptcy in Britain against him has been extended for twelve years until October 16, 2031. This was reported by the state bankruptcy authority, which is under the British Ministry of Economic Affairs.
A bankruptcy restriction in the UK is usually repealed after one year, said the authority. But due to the actions of Boris Becker, they have sought to extend the term "to prevent Mr. Becker from causing further damage to creditors."
A so-called Bankruptcy Restrictions Order or, as in Beckers, the related "Bankruptcy Restrictions Undertaking" may be issued or agreed if the debtor's conduct in a bankruptcy proceeding is classified as dishonest or reckless. Among other things, the bankruptcy restriction makes it difficult for the person concerned to obtain a loan of more than £ 500 or to run a business. It has identified "unpublished transactions before and after the start of bankruptcy proceedings in the amount of more than 4.5 million pounds," says the statement.
"Insolvency persons have the duty to fully cooperate with their insolvency administrator," the authority continues. Where this obligation is not fulfilled, a restriction of insolvency of a reasonable length must reflect this behavior.
Boris Becker was declared bankrupt in 2017 by a court in London. However, he had repeatedly stressed that he was not broke. The British insolvency law provides that a liquidator secures the assets of the person concerned and eventually makes money. The procedure usually ends after one year - but in the case of Beckers it had been extended after the insolvency administrator complained that Becker had withheld information from him.
In the meantime, Becker also claimed an alleged status as sports and cultural attaché of the Central African Republic.
In July, three Wimbledon winner memorabilia were auctioned for just under £ 700,000. Bankruptcy trustee Mark Ford had previously shown optimistic that Becker could become debt-free within half a year.