When you can be made bankrupt? Home › Forums › Business Law Forum › When you can be made bankrupt? Tagged: Bankrupt, Legal Advice This topic has 0 replies, 1 voice, and was last updated 3 years, 10 months ago by lisaslaw@web. Viewing 1 post (of 1 total) Author Posts May 26, 2020 at 11:04 am #3418 lisaslaw@webKeymaster You can be made bankrupt if you: don’t pay your debts and you owe £5,000 or more break the terms of a Individual Voluntary Arrangement (IVA) gave information that wasn’t true to get an IVA If you’re made bankrupt: your assets can be used to pay your debts you’ll have to follow bankruptcy restrictions your name and details will be published on the Individual Insolvency Register We can offer you expert advice, please call on 020 7928 0276 or email info@lisaslaw.co.uk for more information. Author Posts Viewing 1 post (of 1 total) You must be logged in to reply to this topic. Log In Username: Password: Keep me signed in Log In