Welcome to the Insolvency Service Website
About Us
We are a Branch within the Department of Enterprise, Trade and Investment's Business Regulation Division and are based in Fermanagh House, Ormeau Avenue, Belfast.
Our purpose and role is:-
- to administer and investigate the affairs of bankrupts and companies in compulsory liquidation;
- to establish the reasons for the insolvency;
- to handle the disqualification of directors in all corporate insolvencies;
- to deal with any fraudulent activity in the management of insolvent businesses;
- to regulate the insolvency profession;
- to operate the Insolvency Account; and
- to formulate Northern Ireland-specific insolvency legislation and policy.
The legislation under which most formal insolvency procedures are administered is The Insolvency (Northern Ireland) Order 1989 and The Company Directors Disqualification (Northern Ireland) Order 2002. Insolvency law provides a system for dealing fairly with the assets of the insolvent individual or company and the claims of creditors. The law also deals with what happens to the individual or company following the insolvency. We are not involved in the day-to-day handling of administrations, administrative receiverships, voluntary liquidations or the majority of voluntary arrangements.
Further Information
For further information on insolvency procedures, please click on the categories in the navigation panel.
To access:
1. Insolvency Service Annual Reports and Accounts, click Publications
2. Guidance Leaflets, click Guidance
Freedom of Information
The Insolvency Service is covered by the Freedom of Information policy of the Department of Enterprise, Trade and Investment. More information including the Departmental Publication Scheme can be found by clicking on the link below:
