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Bankruptcy Annulment

If you have been made bankrupt, you may be able to cancel the bankruptcy order by applying to “annul” it.

Unfortunately time is not on your side so it is important that you act quickly. Delay on your part could be costly.

Our bankruptcy team will explain your options and advise you on the best possible solution to annul your bankruptcy.

We will advise you how to apply to annul your bankruptcy and the effects of the annulment.

If a Bankruptcy Order has been made against you, then it may be possible to apply to the Court to annul that Order if:

  • The Bankruptcy Order should not have been made
  • You have access to funds to pay the debts and costs of the bankruptcy in full or have already paid them
  • You are, subject to advice, able to reach an agreement with your creditors to repay all or some of your debts under an Individual Voluntary Arrangement (IVA)

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Related services

Actons' Nottingham practice is frequently appointed in insolvency cases to represent joint trustees, administrators or liquidators. In addition, the team handles non-contentious insolvency and restructuring work and bankruptcy annulments. Licensed insolvency practitioners Nicky Calthrop-Owen and Annabel Whittaker both have a wealth of experience in corporate and personal insolvency mandates.
The Legal 500 2021: Insolvency & Corporate Recovery

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