Bankruptcy Specialist salary in United Kingdom

Average Yearly Salary of Bankruptcy Specialist in United Kingdom is approximately 28,272 GBP (33,431 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Bankruptcy Specialist do?

A bankruptcy specialist is a professional who specializes in assisting individuals or businesses in navigating the complex process of bankruptcy. They are knowledgeable about bankruptcy laws, regulations, and procedures, and provide guidance and support to clients throughout the entire bankruptcy process. Their main responsibilities include assessing the financial situation of clients, analyzing their assets and liabilities, preparing necessary documentation, and representing clients in court proceedings. Additionally, they may negotiate with creditors to develop repayment plans or settlements.

Skills: Bankruptcy specialist, Financial advisor, Legal consultant, Debt management, Insolvency expert, Court representation
Job industry: Finance

How much does Bankruptcy Specialist make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Bankruptcy Specialist a well paid job?

No, our data shows that Bankruptcy Specialist is typically not a well-paid job. The salary varies based on experience. Meaning that even though Bankruptcy Specialist might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Bankruptcy Specialist?

High salary for Bankruptcy Specialist would be somewhere between 31,099 GBP and 40,994 GBP. However this is an estimation based on Gaussian Distribution.

How much can you save working as Bankruptcy Specialist in United Kingdom?

Living in United Kingdom the approximate monthly expenses are: 1,956 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 28,272 GBP
Estimated Monthly Salary: 2,356 GBP
Estimated Weekly Salary: 544 GBP per week
Estimated Hourly Salary: 14 GBP per hour
By working as Bankruptcy Specialist a person can save up to 830 USD per month or 9,964 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in United Kingdom, see costs of living in United Kingdom.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Ireland.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Bankruptcy Specialist

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in United Kingdom

Data as of 2025

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