Bankruptcy Details - England 1887

[kloppy]

Hello,
I have an ancestor, John Henry Turgoose Ellison, who was declared bankrupt in 1887 in the London Gazette. I was wondering if there is any way to find out more detail of the bankruptcy such as the circumstances surrounding it and who he owed money to.
Many thanks for any help or advice you can offer :-)

[David Ellison]

He is my great grandfather. David Ellison in Hull, Yorkshire

[David Ellison]

I read report which said he lived on his ship which was berthed in Hull Old Harbour which was the mouth of the River Hull where it meets the Humber. His son, Joseph, my grandfather, vanished around 1925 leaving wife and  five children and was never traced