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Reform to bankruptcy removes court process
The government has announced that it will simplify entry procedures into bankruptcy by removing the court process as part of several measures designed to cut red tape. Among the new amendments to the Enterprise and Regulatory Reform Bill published yesterday (9 October), the Department for Business, Innovation and Skills (BIS) revealed that it would enable individuals wishing to apply for their own bankruptcy to do so directly to a new adjudicator. The new process should free up court resources and be cheaper to administer than the current system....Read more HEREYou must be logged in to post a comment.
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