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Bankruptcy and Insolvency

Bankruptcy

This method of recovery can incur substantial costs to yourself if this action is taken against you. If you would like further information or advice about this matter you can visit The Insolvency Service website.

Insolvency proceedings

An empty property is exempt if:

  • A bankruptcy order is in place, or
  • A trustee has been appointed under a deed of arrangement, or
  • A company is subject to a winding up order, or
  • In some cases, where a liquidator has been appointed

If you are subject to insolvency proceedings, and are paying rates, empty or occupied, you should contact your appointed insolvency practitioner for further details of how to proceed.

If you think your property should be exempt, please contact the Revenues Service on 01227 862316.

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