Solicitors acting for Petitioning Creditors should note that the Insolvency Creditor Deposit Fee (Official Receivers Deposit) is increasing from £700 to £750 from 6th April 2014 and therefore a total payment of £970 will be required when issuing a Bankruptcy Petition.
The court issue fee remains at £220. Most local courts also charge £45.00 to undertake the required bankruptcy search.
Please note that in addition to process serving Tremark are able to undertake Pre-Bankruptcy searches in person at the Royal Courts of Justice for £35 and we also offer a court issue service. Click here for further details.