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    • realgonekid
    • By realgonekid 6th Aug 18, 1:53 PM
    • 44Posts
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    realgonekid
    Bankruptcy timescales - Peoples experiences
    • #1
    • 6th Aug 18, 1:53 PM
    Bankruptcy timescales - Peoples experiences 6th Aug 18 at 1:53 PM
    How long have people on here found they have had to wait to be declared bankrupt once they have submitted their application form?
Page 1
    • sourcrates
    • By sourcrates 6th Aug 18, 2:10 PM
    • 15,870 Posts
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    sourcrates
    • #2
    • 6th Aug 18, 2:10 PM
    • #2
    • 6th Aug 18, 2:10 PM
    As soon as you submit your application, it will be reviewed by an adjudicator, if the adjudicator makes you bankrupt, you then receive a copy of the bankruptcy order, and will have a telephone interview with the Official receiver.


    All depends how long the review takes, most are within a few days.
    I'm a Board Guide on the Debt-Free Wannabe, Credit File And Ratings, and
    Bankruptcy And Living With It, boards. "I volunteer to help get your forum questions answered and keep the forum running smoothly".
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.

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  • National Debtline
    • #3
    • 7th Aug 18, 11:07 AM
    • #3
    • 7th Aug 18, 11:07 AM
    Hi there


    Once you have submitted your bankruptcy application the adjudicator will decide whether to grant the bankruptcy within 28 days. In reality most people find they get a decision within a couple of days.


    Best wishes


    Susie
    @natdebtline
    We work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps
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