The following bankruptcy case studies are fictitious examples, designed to help you understand working situations where bankruptcy is and isn't appropriate.
We aim to regularly add extra scenarios, so that you have a comprehensive understanding of the bankruptcy process.
Having closed down my business, I am worried about liable tax. Click here.
As a new debt has only just come to light, will this change my bankruptcy order? Click here.
As a sole trader forced to close my business, what should be my next step - bankruptcy or an individual voluntary arrangement? Click here.
Bad health has resulted in reduced income - what should I do? Click here.
Will they visit my house? And other questions. Click here.
Having long since left bankruptcy behind me, am I still on record? Click here.
Do I have to declare an unexpected financial boost? Click here.
I'm worried about how it will be perceived if I go down this route again. Click here.
How much am I expected to live on each month? Click here.
How long after being discharged from a bankruptcy do I have to wait? Click here.
I'm worried about losing one possession in particular, as it is important to my work. Click here.
I'm worried that my landlord finding out about my bankruptcy could affect my tenancy. Click here.
Will my bank remove all my privileges if I enter bankruptcy? Click here.
I am concerned that bankruptcy will make me feel like I am on trial. Click here.
What are my obligations regarding my tax code whilst I am going through the bankruptcy process in the UK? Click here.
Is it everything, or are there exceptions? Click here.
Having sold a house to a relative prior to bankruptcy, I am concerned they may now lose it. Click here.
I've discovered a new debt as I move towards bankruptcy proceedings. What do I do? Click here.
A relative lives with me and has contributed towards the house build. Where do they stand? Click here.
Having paid off my debts, can I now cancel the arrangement? Click here.
My ex-partner has been made bankrupt. Am I liable for her mortgage payments? Click here.
My earnings have varied considerably during my bankruptcy period. Will this pose a problem? Click here.
I feel like I have earned a break. Will this pose a problem? Click here.
My wife pays our mortgage. Will my bankruptcy put our house at risk? Click here.
How far back will the official receiver delve into my affairs? Click here.
Having offered the chance to become a mature student, will this pose a problem to my bankruptcy? Click here.
Will struggling to remember all my debts pose a problem for my bankruptcy petition? Click here.
TheBankruptcyService.co.uk doesn't charge a fee for its bankruptcy service, but receives remuneration from the partners that we work with in order to keep TheBankruptcyService.co.uk operating. Those partners must charge a fee to the customer to likewise cover operational costs, and this amount will vary depending on the solution offered, and the terms of the parner. For details of these terms, please refer to the website of the organisation dealing with your bankruptcy. Upon application with TheBankruptcyService.co.uk, we will forward your information on to one of our specialist debt partners. You will then be contacted, and you will be able to explain your case, and expert advice will be offered in order to ascertain the most appropriate debt solution.