How Much Does Personal Bankruptcy Application Cost in Hong Kong? (2026)
Quick Answer
HK$8,000–$20,000 per application
Personal bankruptcy application costs in Hong Kong range from HK$8,000 to HK$20,000, including court fees, Official Receiver's fees, and legal consultation costs.
Frequently Asked Questions
The bankruptcy process involves: 1) Filing a bankruptcy petition with the High Court; 2) Paying court fees; 3) Court issues bankruptcy order; 4) Official Receiver takes control of assets; 5) Discharge typically after 4 years. Bankruptcy records are kept for 8 years.
Restrictions during bankruptcy include: cannot serve as company director, cannot apply for credit cards/loans (must disclose bankruptcy status for amounts over HK$500), restricted from certain professional positions, assets controlled by Official Receiver. However, basic living necessities are retained.