Bankruptcy is the process by which you petition the court to make an order wiping off your debts in return for your assets such as you have them coming under the control of an employee of the Insolvency Service known as the Official receiver, or OR.
The numbers of people going bankrupt has surged over the last three years as the global recession has affected economic prospects, and made credit harder to come by. We take many people each month through the bankruptcy process including those in and around the Manchester region.
Bankruptcy in Manchester takes place in a number of courts. The primary location for many will be in the Manchester Civil Justice Centre on Bridge Street West which houses the County and Crown Courts. The process here is that you need to ring the Bankruptcy section of the County Court and book an appointment to come in and see one of the court clerks, who will check your paperwork is correct and take your fee. That clerk will then take you down to the District Judge who will review your papers, ask you a few questions on how you became indebted and whether you have taken sufficient advice on making the decision to go bankrupt. He should then make a bankruptcy order. We can accompany you through the whole process should you so wish.
There is often a two week wait before you can get to present your petition.
Also in the Manchester conurbation are the County Courts of Sale and Bury each of which also have bankruptcy jurisdiction. The choice of which court you have to go to will depend on your postcode. You can only go to the court in who area you have lived for the greater part of the last six months. There is a postcode checker that you can use on the courts website to see in which area you fall. Alternatively I would be happy to help you. In Sale of Bury you should have to wait no longer than a week for an appointment to present your petition to the court.
