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 what is the cost to declare ourselves bankrupt
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Paula.ph
Starting Member



1 Posts

Posted - 19 November 2009 :  10:26:38  Show Profile  Visit Paula.ph's Homepage  Reply with Quote
For myself and my husband to declare ourselves bankrupt, what is the cost for the two of us.

averagejoegoesbankrupt
Starting Member

United Kingdom
28 Posts

Posted - 19 November 2009 :  11:21:59  Show Profile  Visit averagejoegoesbankrupt's Homepage  Reply with Quote
quote:
Originally posted by Paula.ph

For myself and my husband to declare ourselves bankrupt, what is the cost for the two of us.


Hi Paula,

I went bankrupt a couple of days ago. The cost was £510 - made up of a £360 'deposit' and a £150 court fee. I've heard that the fee can be means tested but I don't know how to go about that.

Also, if you are swearing in a High Court it is a further £12 for some odd reason.

So, to answer your question, if you are in a bog standard District Court and you aren't looking to get the court fee reduced then you will need a grand total of £1020 for you and your husband to declare bankruptcy.

Look on it as an investment - you can't afford *not* to pay. Only a few days in to my bankruptcy and the feeling of relief is amazing.

All the very best to you,


Average Joe
http://averagejoegoesbankrupt.blogspot.com
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gettingoutofdebt
forum expert



2418 Posts

Posted - 19 November 2009 :  18:52:11  Show Profile  Reply with Quote
You can get the £150 reduction in the fee by completing the following form but you need to be on benefits to be entitled to the reduction:

http://www.hmcourts-service.gov.uk/courtfinder/forms/ex160a_e.pdf

http://www.hmcourts-service.gov.uk/courtfinder/forms/ex160.pdf
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