What Happens at Court?
Once the bankruptcy forms have been completed and you have the required fees you are ready for filing bankruptcy. It is advisable to book an appointment in advance if you want to ensure your petition is heard on your chosen date.
You should take your petition for bankruptcy to the court that deals with the area where you have lived or traded for the longest period in the previous 6 months. If you are not sure which court to go to, you should telephone your nearest county court for advice.
There will be one of the following outcomes to the hearing:
The court will either:
- Stay the proceedings if they need further information prior to making the order
- Dismiss the petition
- Appoint an insolvency practitioner if an Individual Voluntary Arrangement is appropriate
- Make the order
A court will only make a bankruptcy order after a bankruptcy petition has been presented. If you are unsure about filing bankruptcy then seek bankruptcy advice.
