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Banktuptcy Online

On 6th April 2016 a person seeking their own bankruptcy will no longer petition the Court but rather will submit an online bankruptcy application via the Governemnt website to the Adjudicator. The fee will become £130 (down from £180) and it will becpossible to pay this by instalment. However the the Official Receiver's deposit will remain at £525.

A Bankruptcy file will be opened by the Adjudicator, but once the Banjruptcy Order has been paid the case will (as at present) be transferred to an Official Receiver.

A creditor petitioning for the bankruptcy of a third party will still need to involve the Court.

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31 Mar 2016


Large Changes Ahead for the Insolvency Profession.

2015 sees the largest changes for the Insolvency profession in more than a decade.

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05 Oct 2015


Red Tape to be Cut

The Government has announced its intention to introduce a number of measures intended to reduce the costs of insolvency procedures

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23 Jan 2014


Number of Zombie Businesses In Decline

A recent survey carried out for R3 has indicated that the number of “zombie businesses” has fallen

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10 Jan 2014


Launch of Insolvency Practitioner Complaints Gateway

The insolvency complaints gateway was launched on 5th June 2013.

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06 Jun 2013


Broken promises from Payday Lenders

Citizens Advice survey finds a worrying trend amongst Payday lenders.

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03 Jun 2013


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