User talk:Barclayniv03

Step by step process to file for bankruptcy

1. By initially establishing the court in which you want to begin the bankruptcy procedure, the bankruptcy uk has been undertaken.

2. In order to file for bankruptcy, you must obtain a bankruptcy pack.

3. The Petition and the Statement of Affairs must be completed by you, which is three pages long and 28 pages long, respectively.

4. At the time of your appointment, you must be present at the time of appointment and if there is no appointment then you must be present at the time of your choosing. Carry 3 copies of both the Petition and the Statement of Affairs with you.

5. There are some criteria set for reduced fee. If you do not meet that criteria, then you must also carry £700 in cash with you. The rest of the jobs like processing your papers, taking your fee will be done by the clerk and then you have to wait to see the Judge.

6. Yor are then taken to see the District Judge. Your papers will be examine by him and he will make sure that you are confident and you are taking the right decision. Its his duty to be confirmed that you have taken the proper advice. It may also be verified that you have a right to submit an application for bankruptcy by him, by establishing that your centre of main interest is in England. He will make the Bankruptcy UK Order, only if he is satisfied.

7. You will be called and conducted an interview by the Official Receiver who will receive your case. Your statement plays a vital role here. Your interview is based upon your statement and which is why it is so vital to get it right first time. You can speak to bankruptcy uk professional, in case you need any assistance in completing your 28 pages statement.