Bad news for Boris Becker: his UK insolvency restriction was extended for twelve years until October 16, 2031. The state bankruptcy authority reported that it is under the British Ministry of Economic Affairs.
A restriction on bankruptcy in the United Kingdom is usually repealed after a year, the authority said. But because of Boris Becker's actions, they tried to extend it "in order to prevent Mr. Becker from causing further damage to creditors".
A so-called Bankruptcy Restriction Order or, as in the Beckers case, the "Bankruptcy Restriction Commitment" agreed with the consent of the interested party may be revoked 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 get a loan of over £ 500 or run an asset. He identified "unpublished transactions before and after the bankruptcy of over 4.5 million pounds," the statement said.
"The insolvent persons have the duty to fully cooperate with their insolvency administrator", continues the authority. If this obligation is not respected, a limitation of a reasonable duration should reflect this behavior.
Lawyer Beckers: no "stolen or hidden" resource
Becker's German Media-Becker lawyer, Christian-Oliver Moser, stated at the Good king News request that Becker "jointly extended the insolvency requirements by 2031". But this does not mean "that the entire private insolvency procedure will be extended until 2031".
The former tennis player has not "staked or hidden" resources from the bankruptcy administrator. He declared that these assets – which, in his opinion, had no right at all – had been given too late.
Sports and cultural attaché of the Central African Republic
Boris Becker, who has been living in the UK for years, was declared bankrupt in 2017 by a London court. However, he repeatedly stressed that he was not broke. British insolvency law requires a liquidator to guarantee the assets of the person concerned and ultimately make money. The procedure usually ends after a year, but in Beckers' case it was extended after the bankruptcy official complained that Becker had withheld information from him.
Meanwhile, Becker has also claimed an alleged status as a sports and cultural attaché of the Central African Republic.
In July, the Wimbledon triple winner's memorabilia was auctioned for just under £ 700,000. Bankruptcy trustee Mark Ford had previously shown optimism that Becker could become debt free within six months.