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Insolvency Law Made Clear: Effect of annulment and discharge

Insolvency Law Made Clear: Effect of annulment and discharge

This blog post is one of a series of extracts from Insolvency Law Made Clear: A Guide for Debtors, the plain English, practical guidance for anyone facing demands over a debt they are struggling to pay.

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The fact that a bankruptcy is later annulled is no defence to the proceedings.
However, no proceedings can be commenced after the bankruptcy has been annulled (s350(2) of the Act). In contrast, there can be criminal proceedings for
a bankruptcy offence against an individual after their bankruptcy has been discharged, but it has to relate to behaviour before the date of discharge (s350(3)).
The difference between an annulment of a bankruptcy and the discharge of a
bankruptcy is discussed in Chapter 9.

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