2. Prove you're owed £5,000 or more
To make someone bankrupt you must be owed one of the following:
- at least £5,000
- a share of debts that total at least £5,000
You must provide evidence to the court that you’re owed this money. There are 2 ways to do this.
Alternatively, get a sheriff’s or bailiff’s statement showing:
- you got a court judgment for the money
- the sheriff or bailiff couldn’t recover enough assets to pay the debt