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The new Liberal Conservative Governments has announced plans to crack down on the excessive interest rates charges on credit and store cards. These measures will give regulators new powers to…

We now have considerable experience in submitting petitions for people who are now living abroad but who have debts in the UK. These petitions are submitted, with Power of Attorney,…

Currently, if a debtor wishes to submit his/her own petition for bankruptcy, he/she must go through the Court process. We recently attended a Consultation Group at the Insolvency Service in…

Discretionary advertising of all insolvency procedures came about in April last year. Advertising was rarely of any benefit to any of the involved parties but it did cost millions of…

When the Enterprise Act came into force, the Official Receiver was given the opportunity to grant an early discharge from bankruptcy and we saw some people being discharged after 6…

Some Utility Companies insist on a bankrupt person having a pre-payment meter for electricity, once the Bankruptcy Order has been made. We have long argued that this is unacceptable, given…

These informal arrangements with creditors which are operated by an increasing number of firms, some of which have charitable status, are coming under increasing scrutiny. Concern is being expressed in…

A Debt Relief Order is only applicable for those debtors who have debts of less than £15,000, assets of no more than £300 and disposable income of no more than…

I recently completed a bankruptcy petition for a client who had around £40,000 credit card debt. She was solely dependent upon State Benefit and had been for some considerable time.…

Recently we have reached agreement for a client who was responsible for a personal guarantee to his business bankers, after his business failed. The PG was for around £45,000 and…