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Taking full consideration of legislation and case law, this revised edition of a popular work guides practitioners step by step through bankruptcy procedure, from preparing the statutory demand through to the meeting of creditors after the bankruptcy order is made. Several issues and concerns have emerged recently and are dealt with in this edition, including the problems of opposition to bankruptcy petitions, partially secured creditors and their rights.
A new chapter is included considering the effect of voluntary arrangements on bankruptcy proceedings, and new material added looking at the alternatives open to a creditor faced with a debt owing by a partnership. The forms now mirror the standard format appearing in the Insolvency Rules, and the costs, fees and list of courts have been updated - making this the most practical guide to procedure not only for insolvency practitioners, but also litigators, company lawyers and debt collecting agencies.