Bankruptcy Frequently Asked Questions

Frequently Asked Question section is here to help clarify certain questions about debt

Can I travel abroad if I am bankrupt?

Information about whether foreign travel is allowed while you are bankrupt.

Which Debts are included in Bankruptcy?

The debts included in Bankruptcy. Are CCJs and HMRC debts included? What happens to benefits overpayments? Which debts are not written off?

Can I still owe money after bankruptcy?

Information about whether it is possible that you could still owe money after your bankruptcy is over and the types of debt not written off by bankruptcy.

Who can go Bankrupt?

Should you go Bankrupt? Which jobs are at risk? Can you go bankrupt if you are on benefits? What about if you are retired?

What happens to my Pension if I go Bankrupt?

Is your Pension at risk of you go Bankrupt? Can you keep paying in? What happens to payments you receive? Will you have to draw lump sum?

What happens at the Bankruptcy Court?

What happens when you go to the Bankruptcy Court? Meeting with the District Judge. Who decides on the terms of your bankruptcy?