Bankruptcy & personal insolvency

Meeting convening periods

A number of convening periods in personal insolvency administrations are outlined by the legislation as to when they called and held.

Notice period for bankruptcy meetings: not less than 10 business days.

Deadline for virtual meetings: Bankruptcy trustee to specify a time which is at least 15 business days from the date the notice is given.

Holding a Part X (part 10), also known as a personal insolvency agreement, meeting of creditors : not more than 30 business days of appointment.

Holding a change of bankruptcy trustee meeting: At any time with 7 days' notice of the meeting.

Streamlined change of bankruptcy trustee: At any time with at least 10 days' notice.

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