UK Bankruptcy Law

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After some advice. I know someone who is a taxi driver, 20
Hi, after some advice. I know someone who is a taxi driver, 20 years, never declared any income ever. If he went bankrupt would that wipe out any taxes he owes? … read more
JimLawyer
JimLawyer
Consultant Solicitor
Graduate Diploma In Law (Advanced)
301 satisfied customers
I have recently had to close my business I am a sole trader
I have recently had to close my business I am a sole trader ... I have debts up to 22K ..some are owning to the VAT and Inland revenue can allocate these on one debt for bankruptcy ? Not really a rout… read more
Alex J.
Alex J.
Solicitor
LLB
62 satisfied customers
Hi, My cousin has been hit with a massive VAT bill, can she
Hi, My cousin has been hit with a massive VAT bill, can she sign over her house and belongings to her husband and declare herself bankrupt ?… read more
Alex J.
Alex J.
Solicitor
LLB
62 satisfied customers
I am director of a small company which is fine, no profit but
I am director of a small company which is fine, no profit but gives me a wage and no debt, but have just had a £50K demand from hmrc for capital gains tax from when I had t0 sell several houses becaus… read more
Alex J.
Alex J.
Solicitor
LLB
62 satisfied customers
how long do you have to remain in the UK after obtaining a
how long do you have to remain in the UK after obtaining a declaration of bankruptcy? I see that that in the Insolvency manual 43.0.10 it states "Additionally, where the official receiver considers th… read more
Max Lowry
Max Lowry
Advocate
Bachelor
69 satisfied customers
I believe I, as a sole person, need to declare myself insolvent
I believe I, as a sole person, need to declare myself insolvent or bankrupt as I have debts I cannot pay in the UK. I am now living in Australia. What steps do I need to take to do this? Thanks.… read more
Max Lowry
Max Lowry
Advocate
Bachelor
69 satisfied customers
HelloBankruptcy and Tax Credit PaymentsAlthough I have
Hello Bankruptcy and Tax Credit Payments Although I have a few questions to ask, my main issue at the moment is to get your advice on TaxCredit payments. To give a brief summary of circumstances, we h… read more
UK-Justice
UK-Justice
Master's Degree
11,008 satisfied customers
Hello. Please help with advise. I live in England. My situation
Hello. Please help with advise. I live in England. My situation is such, that 5 years ago i took a loan for 15000 pounds from a UK bank. I used that money to invest into a property abroad which turned… read more
Daniel Smith
Daniel Smith
Bachelor's Degree
1,213 satisfied customers
I am a single parent of 6 children. Due to circumstances I
I am a single parent of 6 children. Due to circumstances I had to declare myself bankrupt. I did try to make arrangements to pay the debt off but the people I owed the money too were not happy with th… read more
James Mather
James Mather
78 satisfied customers
My husband left the UK in 2008 and relocated to (ROI) Ireland.
My husband left the UK in 2008 and relocated to (ROI) Ireland. He left behind some credit card debt to various creditors, one being the Royal Bank of Scotland (credit card). He was unable to file for … read more
Buachaill
Buachaill
Barrister
Master's Degree
11,287 satisfied customers
I run a uk company i have a tax bill that the company just
I run a uk company i have a tax bill that the company just cant pay the company had cash in the bank but unfortunately i just drew it out bit by bit and blew it all. the company has no assets and i ow… read more
Alex J.
Alex J.
Solicitor
LLB
62 satisfied customers
I have a debt of £2000 with a company which I have made an
I have a debt of £2000 with a company which I have made an offer to settle over a period. They insist it is paid immediately. My circumstances are such - I live abroad with only a P.O. Box address in … read more
Senior Partner
Senior Partner
Bachelor's Degree
4,582 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
im going to the high court in london on the 12/10/11 for a
im going to the high court in london on the 12/10/11 for a bankruptcy hearing. will i be able to argue my case and given time to speak. i have been petitioned by the hmrc… read more
UK-Justice
UK-Justice
Master's Degree
11,008 satisfied customers
how can i protect the property that my separated wife and 2
how can i protect the property that my separated wife and 2 children live in which i have a half share in but have never lived in?… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
63 satisfied customers
Fathers death after bankruptcy. Hello my Dad past away and
Fathers death after bankruptcy. Hello my Dad past away and left no will, our mother is already dead, and me and my two sisters are trying to make me the administrator of his estate. Anyway, We got his… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
63 satisfied customers
Bankruptcy / Hi , Im 90 k in debt , business has dropped
Bankruptcy / ? Hi , Im 90 k in debt , business has dropped off a cliff , zero or negative equity ...currently on a debt repayment plan ......and considering bankrupcy , what would you advise , how inv… read more
Max Lowry
Max Lowry
Advocate
Bachelor
69 satisfied customers
i have been made bankrupt how long can they search back and
i have been made bankrupt how long can they search back and claim money ? i was give a order for 12 months but they keep extending how long will this go on for ?… read more
Max Lowry
Max Lowry
Advocate
Bachelor
69 satisfied customers

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Meet the Experts:

Max Lowry

Max Lowry

Advocate

69 satisfied customers

LLB, 10 years post qualification experience

Alex J.

Alex J.

Solicitor

62 satisfied customers

2 Years Insolvency Litigation

Buachaill

Buachaill

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11,287 satisfied customers

Barrister 17 years experience

John Knox

John Knox

Solicitor

12 satisfied customers

solicitor with 8 years experience

James Mather

James Mather

78 satisfied customers

Senior Partner at Berkson Wallace

Joshua

Joshua

Lawyer

63 satisfied customers

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

F E SMITH

F E SMITH

Solicitor

33 satisfied customers

Ll.b Hons and 30 years qualified

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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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