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
Who do I need to tell?
Your mortgage lender, if you have one, the reason is they may repossess your house if you can’t pay.
Banks and building societies: when opening new accounts you must tell them you are a bankrupt, just as you must inform your trustee of any money in the account, that is above that needed for basic living.
Utilities companies, phone electricity etc, etc. They often want a deposit in advance for their services.
This page last update: 23 Jan 2012, 15:48:40