Bridgewood Debt Solutions

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Reverse Your Bankruptcy with our Annulment Service

Have you recently been made bankrupt and are looking for a way to cancel the Bankruptcy Order?

If you have been made bankrupt by one or more of your creditors it may be possible to reverse the order, however it is crucial that you take action and seek advice immediately – before it is too late.

If you act now and seek professional advice regarding your situation it may be possible for us to apply for a court order to have your bankruptcy annuled. If we are successful:

  • You will revert to your pre-bankruptcy status
  • The bankruptcy order will be completely removed from your credit file
  • You will avoid having your home repossessed
  • You will avoid losing other assets such as your car and life insurance

Our team has many years' experience dealing with Bankruptcy Annulment and are passionate about helping you make the most of your financial situation. When you contact us we will fully assess your situation and advise you on the best way to proceed.

Unlike some companies, we will look at all potential solutions and recommend only the most appropriate for your specific circumstances. You can also contact us with confidence knowing our initial advice is completely free and without obligation.

Find out if you can cancel your bankruptcy

Call 0800 987 1040 or fill out the form below and we'll call you back


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When you contact Bridgewood the initial advice we provide is completely free and without obligation.

Having fully assessed your financial situation, if appropriate solutions exist we will explain the pros and cons of each, including any fees that will be involved, and help you make an informed choice about what solution is right for you.


Who can apply to have their Bankruptcy Annuled?

We may be able to help you cancel your Bankruptcy Order by applying to annul it. This is generally only possible if one of the following three scenarios applies to your circumstances;

  1. The bankruptcy order should not have been made in the first place; or
  2. All of your Bankruptcy debts, as well as the fees and expenses of the Bankruptcy proceedings, have been either paid in full or guaranteed to the satisfaction of the court; or
  3. Your creditors have accepted a proposal for a repayment plan known as an IVA (Individual Voluntary Arrangement)

How do I apply for Bankruptcy Annulment?

The only way to have a Bankruptcy Order annulled is via a court order. Depending on which of the three scenarios above apply to you the exact procedure will vary. In all instances you will require professional help to ensure all relevant documentation and evidence is presented to the court correctly.

The Bridgewood team have many years experience in financial matters enabling us to guide you through the complexities of annulling your bankruptcy. Our Insolvency Practitioners (IP) and their team will thoroughly review your situation and advise you on the viability of annulling your bankruptcy.


What is the effect of the Bankruptcy Annulment?

If your application to the court is successful the effect of the annulment is that you revert to your pre-bankruptcy status. In the eyes of the law, as well as in terms of the information showing on your credit file, it is as if you were never made bankrupt in the first place.

It is however worth noting that any disposal of your property by the official receiver and trustee will not be reversed and will remain valid. If you have a property it is critical to seek advice as soon as possible to avoid this becoming a potential issue.

Any other assets will be returned and you will once again become fully liable for any debts that were not repaid whilst in the bankruptcy.

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0800 987 1040

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* = Required

Your privacy is important to us. All information submitted is treated in strictest confidence and we do not pass your details to any 3rd parties.

Submitting a call back request confirms that you have read and accept our Privacy Policy

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