Bankruptcy

You will need to complete and submit a bankruptcy application to the court. Our team can assist you in preparing the necessary documentation and ensure that you meet all the requirements.

Once your application is approved, a trustee will be appointed to manage your bankruptcy. The trustee will take control of your assets, which will be used to repay your creditors.

Typically, you will be discharged from bankruptcy after one year, at which point most of your remaining debts will be written off.

You may have grounds to annul a bankruptcy order which has been made against you on one of the following three grounds:

• where the Order ought not have been made against you;
• where your Bankruptcy Debts and Expenses have been paid or secured; or
• where you are an undischarged Bankrupt and you have entered into an Individual Voluntary Arrangement.

Our experts will guide you through the entire process, providing support and advice every step of the way.

The death of an individual does not release their estate from debts and liabilities which have accrued during their lifetime. In the event that you find yourself dealing with a deceased person’s  insolvent estate, we can also offer guidance and assistance with the Administration of Estates of Insolvent Deceased Person Order 1986 and the making of an application to court for an Insolvency Administration Order.