The N245 Court Form can be used to suspend or vary a County Court Judgement or Warrant of Execution after a visit by a County Court Bailff for example.
 
When Should I Use This Form? 
 

If the county court has already ordered you to pay a set amount each month on a credit debt and you [...]

The strains on domestic finances were highlighted by official figures out yesterday showing record personal insolvencies in the first three months of the year and a further rise in home repossessions.
The ease of obtaining consumer credit, legal changes making it simpler to go into bankruptcy and more re-laxed attitudes to personal debt were all responsible, [...]

Fri, 05 May 2006 12:07:43 +0100
INSOLVENCY SERVICE
Statistics showing insolvencies in the first quarter 2006 are published today (5 May) by the Insolvency Service.

COMPANY LIQUIDATIONS
There were 3,439 liquidations in England and Wales in the first quarter of 2006 on a seasonally adjusted basis. This was an increase of 7.6% on the previous quarter and [...]

Record numbers of Britons are declaring themselves bankrupt, official figures show.
In the first three months of the year alone some 23,351 people declared themselves insolvent in England and Wales - a massive 73 per cent more than did so at the same time last year.
This figure was broken down into a 51 per [...]

As many as 100,000 people could enter insolvency in 2006, the highest ever recorded figure in the UK, predicts KPMG.
Based on today's DTI quarterly insolvency statistics, which revealed 23,939 people went into insolvency for Q1 2006, KPMG believes the total for the year will hit six figures.
'Earlier this year, we saw a dramatic increase in [...]

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While it might be a bit of trouble finding a basic bank account during or after bankruptcy, it is possible with a little time and hunting.
Here is a guide to basic bank accounts that gives you names and contact information.
What you are looking for is an account [...]

Insolvency Statistics for the first quarter of 2006
Statistics showing insolvencies in the first quarter 2006 are published today (5 May) by the Insolvency Service .
COMPANY LIQUIDATIONSThere were 3,439 liquidations in England and Wales in the first quarter of 2006 on a seasonally adjusted basis. This was an increase of 7.6% on the previous quarter and [...]

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Without a doubt there is still a stigma associated with bankruptcy for most people. How many bankruptcy celebration parties have you ever heard of?
Bankruptcy is still mostly a secret that many people don’t want discovered for moral, religious, self-esteem or pride reasons. [...]