Conservative MP Adam Afriyie declared bankrupt due to £1.7m debt- PublishedConservative MP Adam Afriyie has been made bankrupt after a judge heard he owed around £1m to HMRC and £700,000 to Barclays bank."It'll be tough for a while, but I'm far from the only person in a difficult position, and I will continue to do my best to support my constituents until the next general election when I'll be standing down."Mr Afriyie had asked for the court proceedings to be adjourned until March arguing he would be able to pay off his debts by selling off a property.Does an MP have to stand down if they are declared bankrupt?A bankruptcy order is different from a bankruptcy restrictions order, which can be made if the official receiver thinks a person's conduct has been "dishonest, reckless or otherwise culpable"."