A comprehensive, supportive platform designed to help UK individuals manage debt, calculate surplus income, and navigate the bankruptcy process with ease and clarity. Feeling overwhelmed by debt? Debtrupt gives you a clear plan, the right tools, and the confidence to take back control — step by step.

Living through bankruptcy

What to expect each month, how to prep for the OR interview, and the rules of the road.

Month-by-month timeline

Month 1

OR interview

A phone call with the Official Receiver about your finances, debts and assets. Have your documents ready.

Month 3

IPA setup

If you have surplus income, an IPA is agreed. Monthly direct debit begins. Reporting obligations start.

Month 6

Routine settling

Keep paying IPA, paying surviving debts, and reporting income changes. Stay cooperative.

Month 9

Annual review soon

OR reviews your IPA. Re-check your surplus using updated SFS figures.

Month 12

Discharge

Most debts wiped. Bankruptcy restrictions mostly lifted (except directorship & £500 credit disclosure).

OR interview preparation

The Official Receiver will interview you (usually by phone). Be ready.

Have your ID and address proofs to hand

Print your creditor schedule and balances

Be ready to walk through your monthly income & expenses

Note any non-exempt assets and explains valuations

Be honest — the OR detects undeclared assets or income

Ask the OR questions; they exist to administer, not punish

IPA setup & tracking

Your monthly payment, progress bar, annual review prep and income change reporting — all in one place.

Open IPA tracker

Do's & Don'ts

Report income changes (up or down) to the OR promptly
Keep paying surviving debts (CMS, fines, student loans)
Cooperate fully with the OR - keep appointments, respond to letters
Keep clear business and personal records

Don't

Take on new credit over £500 without disclosing your bankruptcy
Act as a company director during bankruptcy
Hide or undervalue assets
Make preferential payments to specific creditors before / during bankruptcy

When to report changes

Tell your OR about any income change as soon as it happens. Here is what follows.

Income goes up

Notify OR

OR recalculates IPA — payment may rise.

Income goes down

Notify OR

OR may reduce or pause IPA payments.

Job change

Notify OR

OR reviews new budget and adjusts IPA accordingly.