Do You Need Help to Complete Bankruptcy Forms?
How to go bankrupt is a question that we get asked quite a few times a week.
It is quite easy to go bankrupt in England and Wales, and this is borne out by the facts that many hundreds of European citizens now turn up in the UK to live and work and end up going bankrupt and getting rid of their home country debt.
In the UK here the bankruptcy figures will rise from about 40,000 a year a few years ago to 120,000 a year probable this year.
I am an expert in helping people fill in their bankruptcy forms.
Each day advisors up and down the country get calls from people in debt who want to engage them to help them petition for their bankruptcy.
An advisor will offer independent advice tailored to individual circumstances.
If you want to start a bankruptcy process then you can log onto the Insolvency Service website and download the petition and the statement of affairs, or call your local court.
Your chosen advisor should also have copies.
The petition is quite straight forward to fill in but the statement of affairs is quite a different matter.
It is 30 pages long and asks for quite detailed information.
The more complex your affairs the more important it is to get right.
If you need help filling in any statement of affairs, then you may be able to book an appointment with your local CAB.
Alternatively you can ask an advisor to help you complete your papers.
When your paperwork has been completed it needs to be filed with your local court.
You do need to call your call court and find out what process they have in place.
It seems that different courts have their own processes.
Some courts require that you book in for an appointment.
This appointment can be many weeks ahead.
Coventry is such an example of a court which operates this way.
Some courts, such as Leicester allow you to walk up on the day and present your petition.
Your advisor can advise you what your court will do and book your appointment for you.
When your papers have been issued, you will need to have an appointment with a Judge.
In some Courts this happens on the day, others pass the papers across the Judges desks after a few days, in others you need to come back the next morning.
If you have any fears about seeing the Judge yourself, an agent can help you.
The Order for your bankruptcy will be made once you have seen the Judge.
You will then be contacted by the Official Receiver who will take control of your affairs.
If you would like help with the Official Receiver for the next year, again your agent can provide that.
It can be a daunting decision to decide to declare yourself bankrupt.
It is also confusing as each county court has their own procedure.
You can take yourself through the process or it is possible to seek help from a professional who will do everything for you.
It is quite easy to go bankrupt in England and Wales, and this is borne out by the facts that many hundreds of European citizens now turn up in the UK to live and work and end up going bankrupt and getting rid of their home country debt.
In the UK here the bankruptcy figures will rise from about 40,000 a year a few years ago to 120,000 a year probable this year.
I am an expert in helping people fill in their bankruptcy forms.
Each day advisors up and down the country get calls from people in debt who want to engage them to help them petition for their bankruptcy.
An advisor will offer independent advice tailored to individual circumstances.
If you want to start a bankruptcy process then you can log onto the Insolvency Service website and download the petition and the statement of affairs, or call your local court.
Your chosen advisor should also have copies.
The petition is quite straight forward to fill in but the statement of affairs is quite a different matter.
It is 30 pages long and asks for quite detailed information.
The more complex your affairs the more important it is to get right.
If you need help filling in any statement of affairs, then you may be able to book an appointment with your local CAB.
Alternatively you can ask an advisor to help you complete your papers.
When your paperwork has been completed it needs to be filed with your local court.
You do need to call your call court and find out what process they have in place.
It seems that different courts have their own processes.
Some courts require that you book in for an appointment.
This appointment can be many weeks ahead.
Coventry is such an example of a court which operates this way.
Some courts, such as Leicester allow you to walk up on the day and present your petition.
Your advisor can advise you what your court will do and book your appointment for you.
When your papers have been issued, you will need to have an appointment with a Judge.
In some Courts this happens on the day, others pass the papers across the Judges desks after a few days, in others you need to come back the next morning.
If you have any fears about seeing the Judge yourself, an agent can help you.
The Order for your bankruptcy will be made once you have seen the Judge.
You will then be contacted by the Official Receiver who will take control of your affairs.
If you would like help with the Official Receiver for the next year, again your agent can provide that.
It can be a daunting decision to decide to declare yourself bankrupt.
It is also confusing as each county court has their own procedure.
You can take yourself through the process or it is possible to seek help from a professional who will do everything for you.
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