The High Court makes a debtor bankrupt either at the request of a creditor or at his own request.  In either case, this request is made in a document called a petition. This must be filed in the Office of the Examiner of the High Court.

When the petition is filed, the petitioning creditor or debtor undertakes to the court to advertise notice of the bankruptcy in various newspapers. The advertisement must also contain details of the place, date and time of the next time this is before the court (called the statutory court sitting). The petitioner must also lodge €650.00 towards the costs and outlays of the bankruptcy in the Official Assignee's Office and give an undertaking to the Official Assignee as to the further costs and outlays which may be incurred.

Contact the Debt Advice Team

Free Phone – 1-800-550-330