Bankruptcy Fees Rise To £525

Bankruptcy fees have risen to £525 as the Insolvency service aim to cover the cost of court fees.

Some experts have warned that the added fee could discourage people from seeking a debt solution as they fear it could cost to much.

insolvency practitioner Mark Sands, from RSM Tenon has warned “So many people flounder around and do not see a way out,”

Debt Support Trust is a registered debt advice charity (SC041902) providing debt advice on a range of debt solutions including;

Benefits Advice

General Debt Advice

Individual Voluntary Agreement (IVA)

Protected Trust Deed (Scotland)

Refinance

Bankruptcy

Sequestration

Debt Management Plan