General Bankruptcy Queries
  • Is bankruptcy my only option?
  • How do I make myself bankrupt?
  • How much does it cost?
  • How do I make someone bankrupt?
  • What does it mean to be bankrupt?
  • What happens to a bankrupt’s assets?
  • What happens to a bankrupt’s income?
  • What do I need if I attend at the OR’s office immediately after the making of the bankruptcy order?

General Liquidation Queries

  • What does liquidation mean?
  • How do you put a company into liquidation?
  • How much does it cost?
  • What happens to the company and its directors? 

Debts

  • What debts are excluded from bankruptcy/liquidation?
  • What order are debts paid?
  • Effect of The Enterprise Act 2002 on preferential debts

Pre-bankruptcy/liquidation matters

  • How can I get my money?
  • What is a statutory demand?
  • What is a judgment?
  • What are the court fees?

Bankrupt's Home under the Enterprise Act  

  • What is meant by the bankrupt's home?
  • What are the options for dealing with the property?
  • When do the 3 years run from?
  • What are the transitional provisions?
  • General information on property
  • Solely owned property
  • Jointly owned property
  • What is a Form J restriction?
  • Endowment Policies

The Discharge Process  

  • I was made bankrupt on or after 1 April 2004, when will I be discharged?
  • I was made bankrupt before 1 April 2004, how does the Enterprise Act affect my discharge?

Wages Owed

  • How do I get paid wages owed?
  • Can I claim redundancy?

Alternative Corporate Insolvency Proceedings

  • Administrative Receivership
  • Company Voluntary Arrangement
  • Administration

Individual Voluntary Arrangements (IVAs) and Fast Track Voluntary Arrangements (FTVA) 

  • What is an IVA?
  • How do I get an IVA?
  • Fast Track Voluntary Arrangements (FTVAs)

Credit Rating

  • How is my credit rating affected by bankruptcy?
  • How is my address affected by bankruptcy?
  • How can I get the land charges entries removed?
  • Frequently asked questions on credit rating

Pensions

  • What happens to my pension if I am made bankrupt?
  • What types of pension are there?
  • Is the pension a bankruptcy asset? 

Live Companies

  •   How can I informally wind-up my company?

Foreign Issues

  • How can I make myself bankrupt if I live abroad?
  • Do the bankruptcy restrictions apply when I go abroad?
  • Does a bankruptcy order affect my assets abroad?
  • Can a disqualified director be a director of a foreign company?
  • Does a foreign bankruptcy order have any effect in England and Wales?

Bankruptcy Restriction Orders / Untertaking ( BRO/BRU )

  • What are the restrictions imposed by a BRO / BRU?
  • What is the process for making a BRO?
  • What is the process for a BRU?
  • What is an interim BRO?
  • What conduct may lead to a BRO / BRU?

Income Payment Orders / Agreements ( IPO / IPA )

  • Who can be subject to an IPO / IPA?
  • How long will an IPO / IPA last ?

New Financial Regime – Fees and Charges

  • New fees and charges 

Complaints

  • How can I complain about The Insolvency Service?
  • How can I complain about an Insolvency Practitioner?