Bankruptcy Advice: What is Bankruptcy? How Do I Go Bankrupt? Where is the Bankruptcy Order made? Who will deal with my Bankruptcy? Who do I need to tell? When will my Bankruptcy end? What are your duties as a Bankrupt? What effect will Bankruptcy have on your credit rating? Payment to your creditors in Bankruptcy What happens to your Assets in Bankruptcy? What happens to your property in Bankruptcy? What is a bankruptcy restriction notice? What is a form J restriction? What happens in Bankruptcy if I rent my house? What happens to your pension in Bankruptcy? What happens to your life assurance policy in Bankruptcy? Work-related registrations, licences and permissions What happens to your business in Bankruptcy? What happens to your wages in Bankruptcy? Bankruptcy restrictions orders and undertaking. Debts you have incurred after you have been made Bankrupt Alternatives to Bankruptcy What are the main changes of the new Enterprise Act 2002? What publications can I get related to Bankruptcy? What are the advantages of going Bankrupt? What are the disadvantages of going Bankrupt? What is a Statutory Demand? Responding to a Statutory Demand? Setting aside a Statutory Demand How do I petition for my own Bankruptcy Form 6.27 Petition? Debt Relief Order DRO
What happens in Bankruptcy if I rent my house? If you fail to keep to the terms of your tenancy agreement, for example by not paying your rent, the landlord may take action against you. The official receiver or trustee will normally have no interest in your home to sell for the benefit of creditors. In most cases the official receiver or trustee will need to tell your landlord that you are bankrupt. We suggest you seek legal advice on what may happen under your tenancy.
