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Can My Bankruptcy Be Reversed?

Bankruptcy Helpline
0800 564 22 11

Bankruptcy Explained

Can my Bankruptcy be reversed?

Yes you can apply for a reversal or bankruptcy annulment at any time providing you meet certain criteria:

  • the bankruptcy order should not have been made, for example because the proper steps involved in obtaining the order were not followed; or
  • all your bankruptcy debts and the fees and expenses of the bankruptcy proceedings have been either paid in full or guaranteed to the satisfaction of the court; or
  • you have reached an agreement called an "Individual Voluntary Arrangement” with your creditors to repay all or part of your debts.

N.B. Are you sure declaring bankruptcy is the only option?

But before you apply for bankruptcy make sure you're certain you've considered the following questions:

Need Bankruptcy Advice?

Our panel of specialists can quickly advise you on what to do if you are considering going bankrupt or would like your bankruptcy annulled.
Simply call the team FREE on 0800 564 22 11.
Alternatively take the online bankruptcy test and check if you qualify.

  • Last updated 05 January 2016

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I Contacted them at 5 pm on a Thursday night,they arranged a meeting Friday morning with all the relevant bodies their because my case was the following Monday .I can't sing their praises high enough they contacted the courts same afternoon. Fantastic response, I avoided bankruptcy on the Monday and was given time to arrange an Iva. I risked losing my home,my mother and fathers home all hope seemed lost until I made that fateful phone call. I can now sleep at night.

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