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Aid to pay for the costs of bankruptcy

General

If you have been unsuccessfully seeking solutions to financial problems, you can, under certain conditions, receive financial assistance to pay the costs of a bankruptcy filing from the Debtors' Ombudsman (UMS).

The aim is to enable a person who does not have assets and has no ability to pay to file a bankruptcy claim on his or her estate.

For individuals in severe financial difficulties

  • who intend to file for bankruptcy of their estate

  • who have unsuccessfully sought other solutions, such as Debt mitigation

  • are unable to pay the costs of bankruptcy without assistance

This is how it works:

  1. You apply and UMS will assess whether you meet the requirements.

  2. If an application is accepted, UMS pays the cost of insurance directly to the district court.

If you are unsure of what to do next, you can call 512 6600

You can also find more information about the Debtors Ombudsman's services.


Onwards: Application process

The Debtors' Ombudsman

Contact

Phone number 512 6600

ums@ums.is

Opening hours

Open every weekday from 10 am to 3 pm

Hlíða­smári 11

201 Kópavogur

Location on map