Bankruptcy - how do I obtain an Annulment?

There are three circumstances in which a Court may annul a Bankruptcy Order:-

• If the Order should not have been made
• If the debts and costs of the bankruptcy have been paid in full, or guaranteed to the satisfaction of the Court
• If the creditors accept proposals for settlement under an IVA

An application for annulment can be made whether or not the bankrupt person has been discharged from bankruptcy. The effect of an Annulment Order is to return the bankrupt to pre-bankruptcy status.