Bankruptcy vs insolvency: What’s the difference?
Bankruptcy and insolvency are two terms that are often used interchangeably, but they actually have different meanings. Bankruptcy is a legal process that allows debtors to discharge their debts and…
Bankruptcy court hearing – What to expect
A bankruptcy court hearing is a legal proceeding in which a judge reviews your bankruptcy case and makes decisions related to the discharge of your debts. Bankruptcy court hearings can…
The truth about bankruptcy: five common myths dispelled
In this article, we will explore and debunk five common myths about bankruptcy. Bankruptcy is a legal process that can help individuals or businesses eliminate or repay their debts under…
Bankruptcy lawyers and trustees
Bankruptcy lawyers and trustees are professionals who specialise in helping individuals, businesses, and organisations navigate the legal and financial complexities of bankruptcy. Solicitors provide legal advice and representation to clients who…
What is bankruptcy?
Bankruptcy is a legal status for insolvency individuals this usually lasts for a year and can be a way to clear debts you can’t pay. You can only be made bankrupt…
Difference between a debtor’s bankruptcy petition and a creditor’s petition?
In the United Kingdom, a debtor’s bankruptcy petition is a legal document filed by an individual or business seeking relief from their debts through the bankruptcy process. This type of…
Bankruptcy restrictions order
A bankruptcy restrictions order (BRO) is a court order that can be made against an individual who has been declared bankrupt. The order places restrictions on the individual’s activities, such…