Bankruptcy offences

Bankruptcy offences guidance:

Proceedings for offences of absconding and fraudulent dealings with property The Insolvency Act 1986 (IA 1986) creates specific offences relating to property and an...

Practice Note

Bankruptcy restrictions Following an order for bankruptcy, the bankrupt person is prohibited form a number activities for a period of 12 months while the order is in...

Practice Note

Proceedings for offences of concealment or falsification of books and papers The Insolvency Act 1984 (IA 1984) creates three specific offences relating to the concealment...

Practice Note

Offence of failure to deliver up property to, or concealing property from official receiver or trustee A bankrupt commits an offence if they: • fail to deliver up any...

Practice Note

Proceedings for offences of false statements and failing to inform The Insolvency Act 1986 (IA 1986) creates a number of offences relating to material omissions and false...

Practice Note

False representation or fraud for purposes of obtaining creditors' approval The Insolvency Act 1986 (IA 1986) creates a specific offence relating to fraud for the...

Practice Note

Dealing with property on credit A bankrupt is guilty of an offence if, in the 12 months before the petition, or in the initial period, they disposed of any property which...

Practice Note

Fraudulent disposal of property A bankrupt commits an offence if they make, or cause to be made, at any time after the date five years prior to the commencement of the...

Practice Note

Obtaining credit—engaging in business A bankrupt is guilty of an offence if: • either alone, or jointly with another person, they obtain credit at or above the prescribed...

Practice Note

Breach of bankruptcy offence under Section 11 Company Directors Disqualification Act 1986 The purpose of the offences is to punish bankrupts who have been directly or...

Practice Note

Failure to submit a statement of affairs It is an offence for a bankrupt to fail to make accurate disclosure in a statement of affairs as required under the Insolvency...

Practice Note