{"id":75,"date":"2013-12-11T14:51:21","date_gmt":"2013-12-11T14:51:21","guid":{"rendered":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/?p=75"},"modified":"2019-01-24T14:55:39","modified_gmt":"2019-01-24T14:55:39","slug":"annulment-of-bankruptcy","status":"publish","type":"post","link":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/annulment-of-bankruptcy\/","title":{"rendered":"Annulment of Bankruptcy"},"content":{"rendered":"\n<p> In the world of personal insolvency the annulment procedure applies to  bankruptcy only. Only the court has the power to order the annulment or  cancellation of a bankruptcy order that has already been made. <\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Annulment  releases the bankrupt from the restrictions placed on him or  her by  insolvency law and renders him or her no longer bankrupt with  immediate  effect. Annulment can be sought at any time, even after the  bankrupt has  received discharge from bankruptcy.  <\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignleft is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-content\/uploads\/2019\/01\/Fotolia_76005443_XS.jpg\" alt=\"Bankruptcy Annulment\" class=\"wp-image-84\" width=\"318\" height=\"212\" srcset=\"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-content\/uploads\/2019\/01\/Fotolia_76005443_XS.jpg 424w, https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-content\/uploads\/2019\/01\/Fotolia_76005443_XS-300x200.jpg 300w\" sizes=\"auto, (max-width: 318px) 100vw, 318px\" \/><\/figure><\/div>\n\n\n\n<p>Why would a bankruptcy order be annulled? There are three principal  reasons chief of which is that there was a valid reason why the  bankruptcy order ought not to have been made in the first place. The  second reason is that the debts and expenses of the bankruptcy have  either been paid in full or secured to the satisfaction of the court.  The third reason is that the bankrupt has with the approval of creditors  entered into an Individual Voluntary Arrangement (IVA) or into a  Fast-track Voluntary Arrangement (FTVA).<\/p>\n\n\n\n<p>Generally the bankrupt (or representative) must apply to the court \nfor an annulment of the bankruptcy order. One exception is where the \npetitioning creditor\u2019s solicitor makes the application in circumstances \nwhere their client failed to notify them that the debt had been paid in \nfull prior to the bankruptcy. The court then sets a date for the \nhearing.<\/p>\n\n\n\n<p>Visit the website of The Insolvency Service Website for a full \ndescription of the process of annulment of a bankruptcy order and find \nthe section entitled Annulments, Rescissions and Recalls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p> In the world of personal insolvency the annulment procedure applies to bankruptcy only. Only the court has the power to order the annulment or cancellation of a bankruptcy order that has already been made. <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-75","post","type-post","status-publish","format-standard","hentry","category-bankruptcy-articles"],"_links":{"self":[{"href":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-json\/wp\/v2\/posts\/75","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-json\/wp\/v2\/comments?post=75"}],"version-history":[{"count":2,"href":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-json\/wp\/v2\/posts\/75\/revisions"}],"predecessor-version":[{"id":94,"href":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-json\/wp\/v2\/posts\/75\/revisions\/94"}],"wp:attachment":[{"href":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-json\/wp\/v2\/media?parent=75"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-json\/wp\/v2\/categories?post=75"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationaldebtrelief.co.uk\/debt-articles\/wp-json\/wp\/v2\/tags?post=75"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}