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if youve understood the principles of bankruptcy youve carefully weighed up the short-term and the long-term consequences and youve thought about the alternatives you may now be ready to take the plunge in this video im going to take you through the steps involved in applying for bankruptcy [Applause] applying for bankruptcy is a last resort before you go down this route i would strongly advise you to look at my other videos on the subject my introduction to bankruptcy the costs of bankruptcy and alternatives to bankruptcy there are links in the show notes below and of course you may wish to do your own further research im daniel barnett a barrister practicing in london and the presenter of the league lau on lbc radio [Music] applying for bankruptcy is done online the government website where you do this is linked in the show notes below the initial cost is 800 pounds that includes the adjudicator fee of 130 pounds and a deposit of 550 pounds which is returned to you if your appli
