Bankruptcy records and the register
Subscribe to Newsletter +Bankruptcy records are public records that are held on the insolvency register. A bankruptcy record will certainly exist if you have been made bankrupt.
The individual insolvency register will have a record of:
- Bankruptcies that are current or have ended in the last 3 months
- Current individual voluntary arrangements (IVA's) and fast track voluntary arrangements (FTVA's)
- Current bankruptcy restrictions orders (BRO's) and undertakings (BRU's)
Where can I find the bankruptcy records
You can search the bankruptcy register online at the insolvency service web site or by visiting your local official receivers office.
Who uses the bankruptcy records?
Bankruptcy records are generally used by the financial and legal industry.
The Official Receiver administering your bankruptcy will usually advertise your bankruptcy in the London Gazette and possibly the local newspaper.
The London Gazette is an official newspaper of the Crown and in many cases its notices are statutory in nature and used in legal proceedings. It contains a wide range of official notices including corporate insolvency and personal bankruptcies. Hence, the London Gazette is widely used by Credit Managers and other such professionals.
Credit Reference Agencies will usually pick up on your bankruptcy. A bankruptcy order will appear on your credit report for a minimum of six years from the date of bankruptcy and longer if the bankruptcy extends beyond this period. Even after discharge the note will remain on the file though you may wish to request that the credit reference agency adds a notice of discharge to your file. A Bankruptcy restriction undertaking or a bankruptcy restriction order will stay on your credit file until it ends.
