Insolvency and Bankruptcy
Refreshed March 2026 | CPD time: 1 Hour
Insolvency is the inability to meet financial obligations with lender(s) as debts become due. Both individuals and companies can be insolvent. Bankruptcy is a legal process involving a person or business that is unable to repay outstanding debts. This module provides an understanding of insolvency and bankruptcy. Within the UK, it focuses primarily on the law in England and Wales.
1. Insolvency, Key Legislation, Liquidation and Alternatives
2. Types of Insolvency and Fraud
3. Bankruptcy and Insolvency
4. Alternatives to Bankruptcy and Statistics
5. Insolvency and Bankruptcy Overseas
Module Test