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Bankruptcy and insolvency

In stock

23 February 2012

Law Society Publishing


272 pages



The Insolvency Law Series brings you a set of clear, step-by-step guides to the main statutory insolvency procedures; administration, liquidation and bankruptcy. Written and edited by Vernon Dennis, a leading expert in insolvency law, each book offers:

  • an outline of the key advantages of each process over others that may be available
  • guidance on how the rights and interests of third parties are affected by each process
  • practical advice on how to avoid common errors.

Bankruptcy is the third title in the series. This book explores the bankruptcy procedure, explaining who would use it, why and when. It discusses the process in detail, looking in particular at:

  • commencement practicalities
  • the effect of bankruptcy
  • the duties and powers of the trustee
  • matters arising from the process including creditor meetings and remuneration
  • how bankruptcy impacts third parties including creditors
  • the duties, responsibilities and liabilities of the debtor
  • how the practice and procedure is likely to change in future.

The book includes flowcharts, summaries and guides to procedure providing 'at a glance' advice.


"Bankruptcy is an excellent standalone text. If you spend just a few hours reading it you will wonder how you managed without it. It will certainly save hours searching through the Insolvency Act 1986 or the Insolvency Rules 1986."

Student Law Journal, October 2013


1. Introduction to bankruptcy;
2. Pre-bankruptcy considerations;
3. Bankruptcy petitions;
4. The bankruptcy process;
5. The bankruptcy estate;
6. The role, function and powers of the trustee;
7. Bankruptcy and the effect upon creditors;
8. The duties and responsibilities of the bankrupt during bankruptcy;
9. The ending of the bankruptcy;

About the Author

Vernon Dennis is a partner at Howard Kennedy where he is head of the Corporate Recovery and Reconstruction Service Group. He is highly experienced in both contentious and non-contentious insolvency, regularly acting for insolvency practitioners as well as creditors and debtors. Vernon is a fellow of R3 (the Association of Business Recovery Professionals) and a member of the Turnaround Management Association. He lectures regularly and is the author of Administration (Law Society, 2010), Liquidation (Law Society, 2011) and the Insolvency Law Handbook, 2nd edition (Law Society, 2007).