Skip to main content

Written question asked by Jonathan Hinder (Labour) on Thursday, 14 May 2026, in the House of Commons. It was due for an answer on Monday, 18 May 2026. It was answered by Blair McDougall (Labour) on Thursday, 21 May 2026 on behalf of the Department for Business and Trade.


Bankruptcy

Question

To ask the Secretary of State for Business and Trade, what plans his Department has to modernise and streamline the process of delivering bankruptcy petitions.

Answer

Bankruptcy provides debt relief for many people seeking to deal with financial difficulty, who may petition for their own bankruptcy online in a straightforward manner. It should not be used as a debt collection mechanism except as a final resort. For that reason, creditors presenting a bankruptcy petition to the courts must meet strict requirements, so as to reduce the risk of strategic or coercive filings.

There are no current plans to alter the bankruptcy petition process, which reflects the serious consequences of bankruptcy and its intended use as a last resort.


Secondary information

Type
Written question
Reference
1374
Session
2026-27
Transferred
Yes
Subjects
Bankruptcy
Link
View this Written question on www.parliament.uk