Bankruptcy Procedure - A Practical Guide

Introduction

With the economic climate continuing to be difficult for some clients, having a detailed knowledge of the bankruptcy procedure and how to deal with bankruptcy petitions, whether on behalf of a debtor or on behalf of a creditor, is essential for solicitors, accountants, advisors and insolvency practitioners.

This new full day course covers the main aspects of the procedures in relation to declaring somebody bankrupt, and the case law surrounding that process.

What You Will Learn

This course will cover the following:

• The test of insolvency including a discussion of Section 268 Insolvency Act 1986
• Statutory demands, including their presentation and service
• Applications to set aside a statutory demand, including an in-depth discussion of Chapter 1 Rule 6 Insolvency Rules 1986 and the case law surrounding this area
• When it is not necessary to present a statutory demand
• The presentation of a bankruptcy petition including a discussion of the Insolvency Rules
• The Practice Direction on Insolvency Proceedings
• What you need to comply with prior to the hearing of the bankruptcy petition
• The hearing of the bankruptcy petition itself
• The effects of Section 284 Insolvency Act 1986
• Validation orders
• Debt Relief Orders