Anyone can be declared bankrupt, either in a self-induced manner (debtor's petition); or by Creditors who are owed at least £750 by you (Creditors' petition), although the court would have to agree to it.
Having seen a good mate go through it, wouldn't recommend personal bankruptcy to anyone.
PS I'm NOT a lawyer-type, just been around a bit.
Last edited by Gin Slinger; 15th July 2002 at 23:39.