London Bankruptcy Petitions: The New £500,000 Threshold
Since 22 June 2026, a creditor’s bankruptcy petition against a debtor whose case belongs to the London Insolvency District must, in most cases, be presented to the County Court at Central London unless the debt is £500,000 or more, in which case it goes to the High Court. The dividing line used to be £50,000. The change moves cases between courts. The £5,000 minimum debt for bankruptcy and the 18 days you have to challenge a statutory demand stay exactly as they were.