Insolvency: Fees and Charges

(asked on 21st July 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government, further to the report by Christians Against Poverty Shipshape or sinking ship?, published on 21 July, what plans they have to remove insolvency fees for individuals with insufficient surplus income.


Answered by
Lord Callanan Portrait
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 28th July 2021

There are no immediate plans to review the bankruptcy application or Debt Relief Order (DRO) fees. Where the fee is an issue, assistance is already available to allow a debtor to pay in instalments prior to the making of the bankruptcy order or DRO. In addition, some charities offer help with paying the fee.

The Government has announced that it will be conducting a review of the personal insolvency framework in due course to ensure that it continues to be fit for purpose.

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