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 how much will it cost for me to go bankrupt
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nickym1
Starting Member



1 Posts

Posted - 15 May 2009 :  14:35:38  Show Profile  Visit nickym1's Homepage  Reply with Quote
how much will it cost for me to go bankrupt as i am unemployed and not working??

Melanie.n
forum expert



United Kingdom
1282 Posts

Posted - 15 May 2009 :  14:46:18  Show Profile  Reply with Quote
Hi there - the fee for filing for bankruptcy is Official Receiver's £360 plus court fee of £150. If you are in receipt of JSA you should have the court fee removed reducing your fee to £360, however if you have utilities in your name there are a number of 'voucher schemes' operating through various utility companies to fund the cost of filing for bankruptcy - these are only available via the Citizens Advice Bureau (CAB).

If your debts are under £15k and you have no assets you may be eligible for the new Debt Relief Orders(DRO) (cost £90) again these are available through your local CAB - make an appointment with the Money Advisor at your local branch for either the voucher scheme or DRO

Hope this helps

Melanie Nicholas
28 years insolvency experience - 23 of which in the Insolvency Service
- Insolvency Manager
Jones Giles
email me at melanienicholas@jonesgiles.co.uk
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