The deposits payable in bankruptcy and winding up proceedings increase on 6 April 2010. The case administration fees charged by the Insolvency Service will also increase.

A consultation on whether homeowners who have failed to repay consumer credit debts should have accrued a minimum level of debt before a court can order the sale of their home has been released.

When may a petitioning creditor reasonably refuse an offer to settle a bankruptcy petition debt? A bankruptcy petition may be dismissed if the debtor shows that the petitioning creditor unreasonably refused an offer to settle the debt on which the petition is based.

The Office of Fair Trading has today issued a directive that if lenders and collectors have failed to fulfil debtor requests for information, they should not threaten legal action.

The Ministry of Justice’s consultation on enforcement fees is now not expected to be out until after the general election. Although the fees element of the document is thought to be ready, the sections on regulation from the Tribunals Courts and Enforcement Act are understood to need further work before publication.