What is bankruptcy?


You can apply to make yourself bankrupt if you can’t pay your debts. You can only apply for bankruptcy online. Your application should be made online by completing forms on the Insolvency Service’s website at: www.insolvency.gov.uk

You’ll be asked to create an account. You can start your application and come back to it later by logging in to your account. You contact the Insolvency Enquiry Line (tel 0300 678 0015) if you need help with your application.

Before you start, you’ll need to provide information about your income, outgoings and debts, including:

You won’t be able to submit it until you’ve paid the full fee (currently £680). You can pay in instalments if you can’t afford to pay it all at once.

Bankruptcy is a serious step to take and can have serious consequences. You should check to see if there are other ways to deal with your debts before applying for bankruptcy.

Your application will be looked at by someone who works for the Insolvency Service called an ‘adjudicator’. They’ll decide if you should be made bankrupt.

The process is different if someone else is applying to make you bankrupt.


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