How much does bankruptcy cost?
In order to go bankrupt, you have to pay fees to the bankruptcy court.
Bankruptcy cost in England and Wales
In England and Wales bankruptcy fees total £680.
- The Adjudicators fee of £130
- The Official Receivers deposit of £550
Bankruptcy cost in Northern Ireland
In Northern Ireland bankruptcy fees total £647.
- The court fee of £115
- The Official Receivers deposit of £525
- Solicitors fee of £7
Bankruptcy in Scotland costs
In Scotland bankruptcy fees total £200.
- The Accountant in Bankruptcy fee is £200
If you are on a low income or in receipt of certain benefits, the court fee may be waived. Whatever your circumstances, the bankruptcy deposit always has to be paid.
The team at Bankruptcy Advice Online can quickly advise you if you qualify for help with your bankruptcy fees. Just call free on 0800 564 22 11.
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. Simply call the team FREE on 0800 564 22 11.
Alternatively take the online bankruptcy test and check if you qualify.