Bankrupcy on the increase

[Julie]

There is no need to tell your employer about the IVA.

[jripley]

Melanie would I have to go before the judge in person to High court in london or could it be done by post if sworn here spoke to insolvency help line who just said 'Only local court'
and b)does the Insolvency High Court sit elsewhere as other High Courts do

[kallis3]

I think you would probably have to go in person, and I think the Insolvency High Court only sits in London.

[MelanieGiles]

You would have to go the High Court personally for a bankruptcy application.

[David Mond]

Not sure I understand why there would be a difficulty in using the local county court?

[kallis3]

Reading a previous post, I think jripley knows people at his local court, so would not feel comfortable going there.

[jripley]

Too true,very closely .I rang Govt Insolvecy helpline today re this, quite a young man but he was sure. No you must use local Court , High Court wont stop advertising locally,this must happen, I said I understood this and was not trying to avoid this. I wanted to know if only one trip to London eg swear and file documents/petition by post and then go and appear personally re judge. No, High court can only be used for instance in complex cases eg coming back from abroad, he then said of you try then they will prob refuse to accept the petition. I am not convinced he was right and wonder about trying to petition there and the worst is that they would transfer it back to CC.

[David Mond]

It is a legal point I think - speak to local CAB if possible or a friendly solicitor to advise

[MelanieGiles]

That is not true, jripley. Under the terms of the Insolvency Act 1986, the High Court can be used for anyone in the UK to file a bankruptcy petition.

[jripley]

? Bank accounts. Have asked this before. All the information on the Govt. insolvnecy site suggests that your bank account is immediately frozen and alternative arrangements should be made. Should I then get my salary paid into a friend's or relative's account

[David Mond]

You can ask the permission of the Official Receiver who will allow you to open a new bank account for the purpose of receiving your salary and paying your bills - once you have been made bankrupt.

[jripley]

How quickly would all this happen eg if I am made BR at the end of March or mid april. Will my account be frozen there and then or would I still be able to withdraw money that month for mortgage and food etc I have a co-op account and am not hopeful of where to open another. I had great difficulties when I went into DMP getting another account. Coop was the only basic account that had the electron facility ?

[David Mond]

Should only take a day or two so don't worry.

[Skippy]

I didn't actually ask permission, I just opened an account!

[David Mond]

Yes - but don't open it before bankruptcy as it will automatically get frozen!