ABSTRACT

The chapter concludes with a case study on a bankruptcy.

Note: All references in this chapter are to the Insolvency Act 1986 or the Insolvency Rules 1986, unless stated otherwise.

21.2 Bankruptcy A ‘bankrupt’ is defined as an individual who has been adjudged bankrupt. In relation to a bankruptcy order, it means an individual adjudged bankrupt by that order: s 381.