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Personal > Personal Bankruptcy


40 people a day to go bankrupt in Scotland

Accountancy firm BDO has predicted that as many as 40 people could go bankrupt every day in Scotland during 2014. Read full story


N-Dubz rapper declared bankrupt

A member of music group N-Dubz has been declared bankrupt owing money to HM Revenue & Customs (HMRC). Read full story


EXCLUSIVE: Former Charlton footballer bankrupt

Former Charlton Athletic defender Richard Rufus has been declared bankrupt. Read full story


Bankrupt jailed for evading creditors

A Bristol man has been imprisoned for six months for transferring money out of the country instead of paying creditors during his bankruptcy. Read full story


Former councillor jailed over bankruptcy charges

Former Bournemouth councillor and bankrupt Anthony Ramsden-Geary has been sentenced to 10 months imprisonment for obtaining a loan without declaring his bankruptcy status. Read full story


EXCLUSIVE: “King Coal” declared bankrupt

One of the UK coal industry’s most prominent figures of the 1990s, Richard Budge, has been declared bankrupt. Read full story


Jail or No Jail

A bankrupt former winner of TV game-show Deal or No Deal has been sentenced to 13 weeks in prison for failing to declare his winnings to creditors. Read full story


Bankrupt bank account changes proposed

A proposal to change insolvency law allowing bankrupts to open bank accounts in England and Wales has been put before Parliament. Read full story


Bankrupt given 10 year BRO

A Canterbury man has been handed a 10 year Bankruptcy Restriction Order (BRO) for failing to disclose assets and property transfers. Read full story


Bankrupt given 15 year BRO

A bankrupt has received a 15-year Bankruptcy Restrictions Order (BRO), the maximum possible term, for ripping off mainly elderly customers. Read full story


Kerry Katona declares second bankruptcy

Former Atomic Kitten and reality TV star Kerry Katona has declared bankruptcy for the second time in five years. Read full story


Cypriot bank seeks bankruptcy for UK "developer"

The Bank of Cyprus has petitioned the bankruptcy of a UK citizen alleged to have fled Cyprus after a failed property development which left UK expatriates occupying an unfinished villa complex. Read full story


Bankrupt jailed for avoiding creditors

A bankrupt has been sentenced to six months imprisonment for avoiding payments to creditors, following an investigation by the Insolvency Service. Read full story


Personal insolvency levels fall 16%

UK personal insolvencies are predicted to drop 16% to 25,000 people for the first quarter of this year, according to a leading firm of IPs. Read full story


Arrest warrant issued for bankrupt footballer

An arrest warrant for former England and Aston Villa footballer Lee Hendrie has been issued by Warwick Combined Court on 29 April 2013. Read full story


Chart topping singer declares bankruptcy

One of Britain’s biggest former soap stars who became a chart-topping singer has been declared bankrupt, Credit Today can reveal. Read full story


DAS reforms to freeze interest on payday loans

The Scottish government has announced planned reforms to the debt arrangement scheme (DAS) that will fix the amount of debt owed to creditors. Read full story


Scottish personal insolvencies in decline

The number of personal insolvencies in Scotland totalled 3,855 in the third quarter of 2012-13, the lowest quarterly figure since 2008, according to the latest figures. Read full story


AiB opens tender process for insolvency contract

Accountant in Bankruptcy (AiB) has invited six organisations to tender for a two-year insolvency services contract. Read full story


Director banned for nine years for employing illegal workers

The director of a Leicester-based clothing manufacturing company has been banned from working as a director for nine years following an investigation by the Insolvency Service. Read full story