FAQ Category: Bankruptcy

If you own your own home, it is possible that it may have to be sold, however it is also

This is often a worry for many people considering bankruptcy; however, since 2009 this has not been a common practice,

While you are un-discharged from the bankruptcy, it is a criminal offence to obtain credit of £500 or more without

Normally a bankruptcy will last a maximum of 12 months until the automatic discharge applies. Charges on future earnings, assets

The OR is a civil servant who works for the Insolvency Service and also acts as an officer of the

You apply for bankruptcy by filing a form at: https://www.gov.uk/apply-for-bankruptcy As well as applying for bankruptcy yourself, someone else you

Bankruptcy is a form of insolvency and is normally only suitable if you can’t pay back your debts in a