Individual insolvency procedures: overview | Practical Law

Individual insolvency procedures: overview | Practical Law

This note provides an overview of the procedures available to individuals who are unable to pay their debts and are seeking debt relief. It outlines bankruptcy and individual voluntary arrangements (IVAs), linking to specific content on various aspects. It also looks at debt relief orders (DROs) and County Court administration orders, as well as the breathing space moratorium and informal arrangements for repaying creditors.

Individual insolvency procedures: overview

Practical Law UK Practice Note Overview 9-385-9094 (Approx. 45 pages)

Individual insolvency procedures: overview

MaintainedEngland, Wales
This note provides an overview of the procedures available to individuals who are unable to pay their debts and are seeking debt relief. It outlines bankruptcy and individual voluntary arrangements (IVAs), linking to specific content on various aspects. It also looks at debt relief orders (DROs) and County Court administration orders, as well as the breathing space moratorium and informal arrangements for repaying creditors.