Good day. I have been living here in Glasgow (Scotland) for 1.5 years. Came form Lithuania (EU), where I had mortgage. Contract with the bank already had been stopped, the house was sold, but… the remaining debt are very big – more then 100.000 eur. Would it be possible to run a bankruptcy process? I’m working but still have JobSeeker status. My family – 2 children (5 and 7 years old) and young person aged 18. Thank You. PS I would appreciate, if you would send me your answer or questions by email.
You can do all the things that you want but there is obviously a process to follow. You will need to contact The Accountant in Bankruptcy for Scotland Cases as we do not find it practical to extend our services to Scotland.
As from 6th April 2016 there is one universal fee of £680 per person which is paid at the same time you submit your application online to the Insolvency Service. Although this fee is lower than the original £705, there are no more fee remissions for low earners, pensioners, those on benefits, etc. The courts are no longer processing bankruptcy applications.
Feel free to call us with any further questions or for bankruptcy help on 01425 600129 or 07479 739139 / 07894 481175.
Company Directors Disqualification is handled and managed generally by the Defendant Liaison centre of the Insolvency Service based in Birmingham. This is because a file has been handed to the liaison unit as a result of a Company Investigations Branch Investigation which shows that it is in the public interest for the disqualification procedure to take effect.
Company Directors Disqualification in England & Wales
Our experience and research tells us that a majority of the cases are because the directors of those companies have been reckless and 99.9% of all director disqualification proceedings are because the company has been trading seriously insolvently. What you as directors have to understand that the bar is set so high in respect to running a company that most companies fail in their duties somewhere along the line. If someone places a magnifying glass over a companies trading then it stands to reason that there is going to be fault with it. As warren Buffet said ‘ The view from the front window is entirely different to the view from the rear.
The process usually consists of an oppressive strike from the insolvency service against the directors of the limited company for Company Directors Disqualification. If you feel that the action taken against you is wrong and that you have a justifiable reason for your actions and you want to avoid Company Directors Disqualification then you need to stand firm and take your time to deal with the matters in hand. In England and Wales a director can represent the company in the courts.
Company Directors Disqualification Scotland
In Scotland you cannot represent the company as a director in the Court Of session.
Scotland is different and runs on a 15th Century ruling disallowing any ordinary man from being able to represent themselves in the Court of session when facing company directors disqualification.
Despite a lot of changes over the last 500 years such as surnames an industrial revolution education communication and electronic communication it appears that the Inner House are reluctant to change a policy which allows solicitors and barristers to profit from all directors wanting to defend such actions. However in a company directors disqualification application you can defend yourself although the secretary Of State may offer considerable degrees of resistance.
To talk in person with an experienced advocate then call 0800 5977977 for all Company Directors Disqualification matters
Bankruptcy.co.uk is a website providing assistance with most bankruptcy and Insolvency matters. The website provides a gateway to licensed Insolvency practitioners and commercial law practices governed by The Law Society of England & Wales, providing users access to licensed professionals that can help our users to solve their problems. Bankruptcy.co.uk is non advisory and provides information in a way that the user makes their own mind up as to whether they want to use the services of the organisation or not. Any fees charged are fully transparent and there are no hidden charges or costs involved. Our Management believes that people should make their own minds up and understand what it is that they are doing opposed to being lead into making decisions that they did not choose to make.