What Could Happen If I Apply for Bankruptcy?
If you have found yourself in serious debt, bankruptcy offers a chance to make a fresh start and to be protected from people that you owe money to.
Depending on your circumstances, the current cost of going bankrupt in England and Wales is £655. The deposit of £525 towards the costs of administering your bankruptcy and the application fee of £130. For couples, each individual has to pay the fees separately.