Posted by admin - July 4, 2016 10:34 am
Changes to Official Receivers fees
With effect from 21st July a new fee structure is being introduced by the Official Receiver. The fees vary according to the type of case but for example for a bankruptcy where a creditor issued the petition the Official Receiver will charge a combination of fees which amount to £9,765 plus 15% of all realisations, which unlike previously has no cap.
Please note: This blog/news post provides an overview or insight only and therefore, should be viewed as being for guidance only purposes. Legislation does change and your own circumstances may differ from the situation highlighted in this blog. Therefore, before taking any action we recommend you get in touch with us to discuss your own situation.