Frequently Asked Questions
Bankruptcy
Who will deal with my bankruptcy?
The official receiver, who is a civil servant in The Insolvency Service and an officer of the court, will be responsible for administering your bankruptcy and protecting your assets from the date of the bankruptcy order. He or she will act as your trustee in bankruptcy unless the court appoints an insolvency practitioner to take this role. The trustee in bankruptcy is responsible for looking after your financial affairs for the period before and during your bankruptcy. The official receiver must also report to the court any matters which indicate that you may have committed criminal offences in connection with your bankruptcy. Further information is available in The Insolvency Service leaflet - 'What happens when you are interviewed by the OR?'
Who should I talk to before I go down the route of bankruptcy?
What are the alternatives to bankruptcy?
How do I petition for bankruptcy?
How much will it cost to make myself bankrupt?
Who will deal with my bankruptcy?