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Bankruptcy & Insolvency

Bankruptcy & Insolvency Articles

Practical guides to bankruptcy petitions, IVA proposals, insolvency proceedings, and preparing court bundles under the Insolvency Rules 2016.

6 articles82 min total reading

Bankruptcy Petition vs Debt Relief Order: How to Choose in 2026

Compare bankruptcy and Debt Relief Orders side by side: thresholds, fees, what happens to your home, jobs, bank accounts. Which route fits your debt level, assets and income.

14 min readRead article

How to Apply for Your Own Bankruptcy: 2026 Online Application Walkthrough

Step-by-step guide to applying for your own bankruptcy at gov.uk: the £680 fee, what documents you need, the 13 sections of the online form, what happens after submission.

13 min readRead article

Setting Aside a Statutory Demand: 2026 Defence Guide

Defending a statutory demand under Insolvency Rules 2016: the four grounds, the 18-day deadline, what to file, what the witness statement needs, and how the hearing works.

14 min readRead article

Bankruptcy Restrictions Orders and Undertakings: Defending the BRO/BRU

Defending a Bankruptcy Restrictions Order (BRO) or Bankruptcy Restrictions Undertaking (BRU) under section 281A and Schedule 4A of the Insolvency Act 1986. The 2-15 year period bands, defence strategies, BRU negotiation, and bundle preparation for the contested hearing.

13 min readRead article

Income Payments Orders and Agreements (IPO/IPA) After Bankruptcy

How Income Payments Orders and Agreements work under sections 310 and 310A of the Insolvency Act 1986. Surplus income calculation, the 50/50 split, the 36-month maximum period, variation, and what happens at discharge.

14 min readRead article

Asset Disclosure in Bankruptcy: What the Official Receiver Asks For

The duty to disclose assets in bankruptcy under section 333 of the Insolvency Act 1986. What the Statement of Affairs covers, what the OR cross-checks against, special-category assets (pensions, matrimonial home, cryptocurrency), and the criminal consequences of concealment under sections 354-358.

14 min readRead article