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T O P I C R E V I E W
poppy72
Posted - 17 June 2009 : 23:29:17 Hi, can you explain who deals with a bankruptcy, is the insolvency person an agent for the O/R as this person has an insolvency.gsi.gov.uk email but says they will refer to the O/R? thanks
1 L A T E S T R E P L I E S (Newest First)
gettingoutofdebt
Posted - 18 June 2009 : 08:10:19 The OR is responsible for dealing with your case. They can use other departments for assistance in some matters who would then report their findings to the OR.
The Insolvency Service page has some of the details of when the OR would use another department but this may not be the complete list:
Enforcement Directorate
The Enforcement Directorate has a range of responsibilities dealing with misconduct and wrongdoing uncovered by official receiver’s or Insolvency Practitioners.
Official receivers (ORs) submit reports to the team alleging criminal offences they have discovered in bankruptcies and companies in compulsory liquidation. Insolvency practitioners (IPs) submit reports in voluntary liquidations. Where appropriate the team liaises with the BERR prosecuting authority to take forward the investigation and prosecution of these offences.
When an OR considers that a bankrupt should be subject to bankruptcy restrictions beyond their usual discharge date, they will submit a report seeking authority to apply to the court for a Bankruptcy Restrictions Order for 2-15 years. Where it is in the public interest, the team will authorise the OR to make this application.
