Bankruptcy Procedure - A Practical Guide Live at Your Desk

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. This session is particularly valuable for litigators, insolvency lawyers, accountants, advisors, and insolvency practitioners who act for either creditors or debtors in bankruptcy proceedings.

This virtual classroom seminar covers the main aspects of the procedures in relation to declaring somebody bankrupt, with a focus on court procedure, statutory compliance and the case law surrounding that process up to and including the making of a bankruptcy order.

What You Will Learn

This live and interactive 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

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.