People dealing with debt will, from 6 April this year, be able to access online bankruptcy forms.
Bankruptcy orders will not be dealt with in Courts any more and individuals who consider bankruptcy their best option will be able to apply and pay for a bankruptcy order online. The fee will also be cheaper at £130 (payable online by installments) as opposed to the £180 current Court fee.
Once an online application has been submitted, an adjudicator will decide and if appropriate rubber stamp the bankruptcy order which will then be passed to the Official Receiver.
The idea is that this will provide people in financial crisis with a swift solution to their problems without having to go through the Court system.
It is important for anybody facing financial difficulties, whether personally, directors of limited companies or partnerships, to seek advice from a licensed insolvency practitioner as soon as possible.
For more information on bankruptcy, liquidation, administration and all the other insolvency procedures, or to take advantage of our free consultation, please telephone Stella Flemmings on 01377 257788, 01724 230060 or 01904 520116 and she will make you an appointment with one of our insolvency professionals at our Driffield, Scunthorpe or York offices.
Redman Nichols Butler has had a York office for over six years now. John Butler specialises in advising SME businesses in York and North Yorkshire. The Redman Nichols Butler York office address is Westminster Business Centre, Nether Poppleton, York, YO26 6RB.
Redman Nichols Butler has had a Driffield office for 19 years now. Andrew Nichols specialises in advising SME businesses in East Yorkshire. The Redman Nichols Butler Driffield office address is Maclaren House, Skerne Road, Driffield, East Yorkshire, YO25 6PN.
Redman Nichols Butler has had a Scunthorpe office for nearly 4 years now. Mark Neumegen specialises in advising SME businesses in Scunthorpe, Grimsby and all over North East Lincolnshire. The Redman Nichols Butler Scunthorpe office address is Suite 8b, Normanby Gateway, Lysaghts Way, Scunthorpe, DN15 9YG.
Redman Nichols Butler – celebrating 20 years in business