If you have decided to go Bankrupt and want help and support through the process our Assistance Service is what you need.
Included in this article:
What does our Bankruptcy Service include?
How much does the service cost?
The duration of the service
Service terms and conditions
Want help to go Bankrupt? Give us a call (0800 088 7376) or complete the form below to speak to one of our experts
Read what our clients think about our Bankruptcy Assistance Service: Client Testimonials
When you apply for Bankruptcy you will first need to complete your application form. You will then have an interview with the Official Receiver. This is daunting for many people. Our service will help these things go smoothly.
Our service includes the following:
The service is particularly useful for self employed people in terms of income calculations (i.e. distinguishing between business income and personal drawings after a provision for tax).
Getting your income and expenditure budget correct in your application is vital. If this is incorrect, it can result in you being asked to make a monthly payment towards your debt you can’t afford.
In addition to the standard Bankruptcy application fee we charge an upfront fee for our Bankruptcy Assistance Service as follows:
Single person Bankruptcy Application: £400
Couple Bankruptcy Application: £650
An increase to the standard fee may be charged if you are currently residing outside of the UK or in other circumstances which require a more in depth assistance for example if you are self employed or a home owner.
There is nothing to stop you going through the bankruptcy process yourself with no additional help from Wilmott Turner. However using our service will make the experience far less stressful.
Our first job will be to complete your on-line bankruptcy application form. We will arrange a mutually convenient time to do this with you over the telephone. The form normally takes 2-3 hours to complete.
Once your application from has been submitted we will help you answer any questions raised by the Adjudicator.
The Adjudicator has up to 28 days to consider your application. However they in most cases they will confirm you are bankrupt within 2 working days.
We will then prepare you for your interview with the OR. We will also help you complete the documents that you will be sent for signing if you need help with these.
You will normally be Bankrupt for 12 months. During this time we will will endeavour to provide support and advice to you on the telephone. However we will not be contractually obliged to do this.
A full list of terms and conditions including our cancelation policy and your right to complain can be found here: Terms & Conditions.