Frequently Asked Questions about Filing a Debtor’s Bankruptcy Petition

Important Notice : Disclaimer

The information provided in this publication is for reference only. The Government gives no express or implied warranty to the accuracy of the information provided in nor will be responsible for the content of this publication.

The Government does not accept any responsibility and liability for any loss or damage whatsoever arising in contract, tort or any cause whatsoever in connection with this publication. The Government is entitled to delete, suspend or edit all information on this publication at any time at its absolute discretion without giving any reason. Users are responsible for making their own assessments of all information contained in or in connection with this publication and are advised to verify the authenticity of such information or seek independent advice before relying on the information.

Expand All +  Collapse All -
1. Q: Where could I find information regarding filing of a debtor’s bankruptcy petition?
A:Please refer to the Debtor's Bankruptcy Petition Procedural Guide which stipulates the detailed requirements and procedures for filing a bankruptcy petition by a debtor.
2. Q: Can the petitioner’s deposit of $8,000 or the court’s fee of $1,045 be waived for filing a debtor’s bankruptcy petition?
A:The debtor’s bankruptcy petition could only be proceeded with after the petitioner’s deposit of $8,000 and the court’s fee of $1,045 have been paid.
3. Q: I have filed my debtor’s bankruptcy petition and the statement of affairs with the court by myself without a legal representative. What should I do next?
A:You should attend the petition hearing at the appointed date and time. If the court contacts you on any matters regarding the petition, you should respond proactively and provide information to the court as requested.
4. Q: I do not have a legal representative for my debtor’s bankruptcy petition and I did not attend the petition hearing due to personal reasons. What should I do?
A:You should contact the High Court as soon as possible. Please find the contact details here. Failure to attend the petition hearing or respond to the court’s requisitions timely might result in the petition being dismissed by the court with costs against you. The costs will be deducted from the petitioner’s deposit you paid to the Official Receiver’s Office.
5. Q: My bank account was frozen after the presentation of the bankruptcy petition. What should I do?
A:You may apply to the court for a validation order to unfreeze your account. Please refer to the guidance notes issued by the High Court and the Summons and Affidavit forms that you would need to complete for the application.