Just what we need – being declared bankrupt is getting cheaper and easier, thanks to the internet.

Cheaper and speedier online applications for bankruptcy are being introduced this month (April) as part of the Government’s drive to improve access to public services. And the service can be paid for in installments.

From 6 April, people seeking to make themselves bankrupt will no longer need to apply to the court. Instead they will complete an online application that will be submitted to an Adjudicator employed by the Insolvency Service.