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Annulments of Bankruptcy Orders
We provide expert Bankruptcy advice. We help clients either defend bankruptcy petitions or if post bankruptcy, annul (cancel) bankruptcy orders.
We also defend claims brought by trustees in bankruptcy, particularly against the family home.
We can make an urgent application to the Court to prevent a Trustee in Bankruptcy being appointed to prevent him racking up significant costs.
If an annulment is obtained, the person is seen never to have been made bankrupt as the annulment completely wipes out the bankruptcy. There are various grounds upon which to make a successful application to annul.
One of the most common applications to annul a bankruptcy order being made is to pay all the creditors in full, which may be possible by negotiating with the official receiver or a trustee in bankruptcy by consenting to a sale of a property. We can advise you on how best to avoid paying significant costs which are often claimed as a result of structuring the transaction in a certain way.
We can also assist if we think that the bankruptcy order ought to not have been made in the first place which is a proper ground to be able to make a successful application to annul a bankruptcy order.
We advise clients who have been made bankrupt on how best to obtain an annulment of their bankruptcy.
Frequently Asked Questions
Please see our FAQ page for questions relating to Bankruptcy.