Guildhall Chambers

Experts

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James Hannant
Guildhall Chambers
Jorren Knibbe
Guildhall Chambers
Philip Hughes
Guildhall Chambers
Simon Passfield
Guildhall Chambers
Contributions by Guildhall Chambers Experts

5

Debt relief orders (DROs)
Debt relief orders (DROs)
Practice Notes

This Practice Note, produced in partnership with Simon Passfield KC and James Hannant of Guildhall Chambers, looks at debt relief orders (DROs) which allow eligible debtors with a low income, low amount of debt and low value of assets to apply to the official receiver to be discharged from their qualifying debts after the expiry of one year. A DRO is therefore an alternative process to bankruptcy, and does not result in the realisation of any asset.

A client is in voluntary liquidation and has the benefit of an overage over some land. The liquidation
A client is in voluntary liquidation and has the benefit of an overage over some land. The liquidation
Q&A

This Q&A considers whether the benefit of an overage can be assigned to a third part before liquidation is finalised.

Are there any restrictions on a bankrupt bringing and/or continuing an application to set aside judgment
Are there any restrictions on a bankrupt bringing and/or continuing an application to set aside judgment
Q&A

This Q&A deals with the standing of a defendant to challenge a judgment after he has been adjudged bankrupt.

In light of section 121 of the Small Business, Enterprise and Employment Act 2015, in respect of any
In light of section 121 of the Small Business, Enterprise and Employment Act 2015, in respect of any
Q&A

This Q&A deals with the effect of recent amendments to the Insolvency Act 1986 (IA 1986) which remove the need for an office-holder to obtain sanction to issue certain proceedings.

What is the status of a creditors voluntary liquidation given that the sole director of the company was
What is the status of a creditors voluntary liquidation given that the sole director of the company was
Q&A

This Q&A deals with the procedure for entering into creditors’ voluntary liquidation (CVL).

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