Accountant in Bankruptcy

AiB 4 - The Creditors Guide

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The AiB Creditor's Guide has been written to assist creditor who are considering submitting a petition to make someone bankrupt.

This text has been written for general guidance only. It is not a detailed or full statement of the law.

Contents

Explanation of terms

Conditions for sequestration

Apparent insolvency

Searching the Register of Insolvencies

Presenting petitions for sequestration

Nomination and appointment of interim trustee

Election/appointment of permanent trustee

Public funding and the costs of the interim and permanent trustees

Administration of sequestrations by the Accountant in Bankruptcy

Contacts for further information

Appendix 1 - Apparent Insolvency

Appendix 2 - Enquiry request form