Insolvency Oracle

Developments in UK insolvency by Michelle Butler

Government Issue Response to Bankruptcy Petition Reform Consultation

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“The Government has decided to take forward changes just to the process for dealing with debtor bankruptcy applications and has today included the measure as a proposed new clause in the Enterprise and Regulatory Reform Bill. Instead of applying to the court for a bankruptcy order, individuals will instead make a bankruptcy application to an Adjudicator, which would be a new office based  within the Insolvency Service.” (Jo Swinson MP, 9 October 2012)

The full response is available at: http://www.bis.gov.uk/insolvency/Consultations/petition%20reform.

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One thought on “Government Issue Response to Bankruptcy Petition Reform Consultation

  1. Thank you for putting this together

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