69 satisfied customers
LLB, 10 years post qualification experience
62 satisfied customers
2 Years Insolvency Litigation
23 satisfied customers
Barrister 17 years experience
12 satisfied customers
solicitor with 8 years experience
11 satisfied customers
78 satisfied customers
Senior Partner at Berkson Wallace
63 satisfied customers
LL.B (Hons), Higher Prof. Dip. Law & Practice
< Previous | Next >
Regulations can vary greatly from place to place, so even a person who is well-acquainted with the process in America could benefit from information regarding UK bankruptcy laws. In the United Kingdom, bankruptcy is a term that applies strictly to individuals. Insolvency, on the other hand, is the term used in reference to companies and other collective entities that are unable to pay their debts.
In the UK, bankruptcy is only possible through a court order, which in turn would follow a successful petitioning. An individual could petition for him or herself to be declared bankrupt on the grounds that they are incapable of paying off their debts. Alternatively, creditors can put forward a petition so that a party indebted to them could be made bankrupt by the court.
If you’re in need of help with UK bankruptcy law, you have enough to worry about already. Let the Experts on JustAnswer take the guesswork out of the equation. Whether you’re seeking a fresh start, or you need help with creditors who have targeted you, these legal professionals can help you figure out the right course of action. All you need is an Internet connection to get in touch with dependable guidance based on your specific situation.
A quick response, a succinct and helpful answer in simple English. I believe I can now confront the counter party with confidence -- worth the 30 bucks!Leeds, UK
I did not know a French Law service existed and I was very impressed with the speed of reply --- very professional. Many thanks!Alfafar, Spain
Thank you so much for your help. Your answers were really useful and came back so quickly. Great!USA
Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.Freshfield, Liverpool, UK
This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!Los Angeles, CA
Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.Hesperia, CA
I couldn't be more satisfied! This is the site I will always come to when I need a second opinion.Kernersville, NC
< Previous | Next >
Some of the UK bankruptcy law concerns and questions already undertaken by the legal Experts on JustAnswer include:
Before seeking Expert help on JustAnswer, be sure to have the following pieces of information prepared:
This will ensure that the assistance you’re given is as accurate as possible in regards to your specific situation.