UK Bankruptcy Law

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Related UK Bankruptcy Law Questions
I am looking for some advice regarding my bankruptcy, are
Hello, I am looking for some advice regarding my bankruptcy, are you able to help? I have 15days left until i am discharged from bankruptcy, is this enough time to introduce and IPA or IPO? Can a IPA … read more
Jeremy Aldermartin
Jeremy Aldermartin
Solicitor
Postgraduate Diploma in Law (BPTC)
361 satisfied customers
My husband was discharged from bankruptcy 10 years ago.
Hi my husband was discharged from bankruptcy 10 years ago. He now has an excellent credit rating and we have had a mortgage for 7 years. We have recently sold our house and are about to apply for a re… read more
Max Lowry
Max Lowry
Advocate
Bachelor
1,457 satisfied customers
I was made bankrupt in August 2013. All my assets have been
I was made bankrupt in August 2013. All my assets have been realised and all my creditors have been paid in full. I August I was discharged from my bankruptcy and I have received a discharge certifica… read more
Stuart J
Stuart J
Solicitor
78 satisfied customers
I was made bankrupt a year ago and today is my automatic discharge
I was made bankrupt a year ago and today is my automatic discharge date. I have had a running battle with the lawyers working for my trustee and all of a sudden they have gone quiet. they did say that… read more
Stuart J
Stuart J
Solicitor
78 satisfied customers
Good Afternoon I have a question concerning a client, who is
Good Afternoon I have a question concerning a client, who is currently negotiating his discharge from Bankruptcy. He is self employed and he is looking at ways of limiting the IPA to what he has agree… read more
Alex J.
Alex J.
Solicitor
LLB
62 satisfied customers
if i have to become insolvent and only owe the revenue, both
if i have to become insolvent and only owe the revenue, both branches, what camn they seize, i am a sole trader, not a house owner… read more
Max Lowry
Max Lowry
Advocate
Bachelor
1,457 satisfied customers
Good morning, In the event of bankruptcy, are all debts
Good morning, In the event of bankruptcy, are all debts such as credit cards/ unsecured loans part of the bankruptcy debt procedure ? Also, my property is in negative equity and will almost certainly … read more
Max Lowry
Max Lowry
Advocate
Bachelor
1,457 satisfied customers
2 months before my discharge, the IP wrote and said that he
2 months before my discharge, the IP wrote and said that he had looked at my I&E and I had to pay £60 per month. I asked him to look at it again as I couldn't afford to pay it but he said that he was … read more
Buachaill
Buachaill
Barrister
Master's Degree
22 satisfied customers
I was declared bankrupt in feb 2010 and the case was taken
I was declared bankrupt in feb 2010 and the case was taken on by an IP who I have since found out had a number of complaints made against him due to his practices. I signed a payment agreement of £60 … read more
UK-Justice
UK-Justice
Master's Degree
11,008 satisfied customers
I filed for bankruptcy in february 2007. A couple of months
I filed for bankruptcy in february 2007. A couple of months later I got a well paid job and started making payments to the receivers of £420 per month. In 2008 I was discharged from the bankruptcy but… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
63 satisfied customers
Hi, my husband has unsecured debt of £235k, he is considering
Hi, my husband has unsecured debt of £235k, he is considering going bankrupt & I would like to know what the process is & how it will affect him. we have litttle savings & a moderate £10k car. He now … read more
Daniel Smith
Daniel Smith
Bachelor's Degree
1,213 satisfied customers
I with my son are in a partnership and may have to go bankrupt
I with my son are in a partnership and may have to go bankrupt but whsh to continue the buisness how can we do this If we had a seperate LTD co can we still be involved & how… read more
John Knox
John Knox
Solicitor
Post-graduate diploma in law
12 satisfied customers
Hi! My son in law was made Bankrupt 9 months ago. His Uncle
Hi! My son in law was made Bankrupt 9 months ago. His Uncle in America died and left him a small legacy. Although Probate means he won't get the money until after his discharge (12 months usually?) wi… read more
UK-Justice
UK-Justice
Master's Degree
11,008 satisfied customers
I was discharged automatically in Oct 2010, at the start of
I was discharged automatically in Oct 2010, at the start of it my now ex-partner was given the opportunity to pay £8000 to keep the house and my partner would have the sole equity in the property. I h… read more
Daniel Smith
Daniel Smith
Bachelor's Degree
1,213 satisfied customers
Hi! Me again with another question. My partners bankruptcy
Hi! Me again with another question. My partner's bankruptcy period has ended. We are planning on getting married next month. We are still considering adding his house to the bankruptcy, I guess it wou… read more
F E Smith
F E Smith
Bachelor's Degree
7,929 satisfied customers
can you tell me if I have to inform the insolvency practitioner
can you tell me if I have to inform the insolvency practitioner of all my change of circumstances after I have discharged, if the change does not result in a change of income? I was discharged on Feb … read more
Max Lowry
Max Lowry
Advocate
Bachelor
1,457 satisfied customers
Me and my wife have combined unsecured debt of circa 25000
Me and my wife have combined unsecured debt of circa 25000 and mortgage worth 70000. Our house is worth 52000 at best (from an official valuation). I have lost my job and our income is circa £1400pcm … read more
Max Lowry
Max Lowry
Advocate
Bachelor
1,457 satisfied customers
My ex partner has been made bankrupt and the court has accepted
My ex partner has been made bankrupt and the court has accepted that this has been due to ill health and he will be discharged in a year. I own a house with my ex partner which was our home and the ho… read more
Daniel Smith
Daniel Smith
Bachelor's Degree
1,213 satisfied customers

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Meet the Experts:

Max Lowry

Max Lowry

Advocate

1,457 satisfied customers

LLB, 10 years post qualification experience

Alex J.

Alex J.

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62 satisfied customers

2 Years Insolvency Litigation

Buachaill

Buachaill

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Barrister 17 years experience

John Knox

John Knox

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12 satisfied customers

solicitor with 8 years experience

Ben Jones

Ben Jones

UK Lawyer

11 satisfied customers

Qualified Solicitor

Stuart J

Stuart J

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Joshua

Joshua

Lawyer

63 satisfied customers

LL.B (Hons), Higher Prof. Dip. Law & Practice

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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