UK Bankruptcy Ltd shut down over "dishonest practices" - Investigations: "Over-charging people who are so desperate that they are considering going bankrupt seems unusually mean, but that's what UK Bankruptcy Ltd did.
It has just been put into liquidation following an Insolvency Service investigation, which found that the fees it charged to people seeking bankruptcy 'bore no correlation to the work undertaken or the extent of the clients' level of debt. The advice given was often very basic and could easily have been obtained for free.'
Many of the leads obtained by UK Bankruptcy came from the official-sounding IVA Council, which purported to be a voluntary independent body that monitored the insolvency industry but was just a marketing operation."
UK Bankruptcy Ltd shut down over "dishonest practices" - Investigations
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