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Debt firm couple resign and face bankruptcy date

Two former directors of Blu Debt Management have resigned and are facing bankruptcy proceedings.

Peter and Sara Moat are due to appear at Crewe County Court on August 3.

There have been unsubstantiated allegations that the pair got into debt over the mortgage on their £1.25m Cheshire home.

The two resigned as directors of Blu Debt Management on July 9 and the firm says they no longer have anything to do with it.

The official receiver has confirmed that the couple face a bankruptcy petition that would restrict their ability to sell assets.

The Moats were unavailable for comment.


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  • John Lilburne 24th February 2011 at 10:51 pm

    Peter & Sara Moat are total frauds and have stolen significant sums from investors via their previous company Blue Asset Finance.They are still running Blu Debt Management & surely this must be illegal as they are both undischarged bankrupts.Complete Frauds!