Bankruptcy Insolvency and the Law
In the last few years, the whole process of bankruptcy has moved from the original position where a person was bankrupt for a number of years to one year, following changes in the law. This clear and concise guide to the law of bankruptcy and personal insolvency provides clear answers to complex questions. It also contains all the necessary forms required when dealing with probate.
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Bankruptcy and the Law in General
The Framework of Individual Bankruptcy
Petitioning the Individual
The Role of Trustees and Creditors
Individual Voluntary Arrangements
Creditors Voluntary Liquidation
Company voluntary Arrangements
The Administration Process
Glossary of terms
21 days adjourned administration order administrative receiver advertisement application appoint a liquidator bankrupt bankruptcy and insolvency bankruptcy Nearest full bankruptcy order bankruptcy petition business day Cardiff charge claim company voluntary arrangement company's assets copy County Court Court Court with bankruptcy creditors committee creditors meeting debtor directors discharge Enterprise Act 2002 floating charge give notice hearing High Court individual bankruptcy individual voluntary arrangement Insolvency Act insolvency practitioner Insolvent Partnerships interest interim order Jurisdiction time court Kingston upon Hull liabilities liquidation committee London Gazette Luton meeting of creditors Members voluntary liquidation Nearest full Jurisdiction Newcasde nominee Official Receiver payable pending person petition is based petitioning creditor preferential creditors Preferential debts prescribed form proceedings proof of debt public examination realised rules schedule secure or compound secured creditor served shareholders and creditors solicitor spouse statement of affairs statutory demand supervisor trustee in bankruptcy unsecured winding up order winding up petition