Official Receiver goes offline for 10 days
£82m IT project takes the Insolvency Service offline between 2 July - 12 July
The regulator of the insolvency profession, the
Insolvency Service,
will be unable to fulfill many of its duties as official receiver for 10 days,
as it updates its IT systems.
From 2 July to 12 July the Insolvency Service will be updating its insolvency
case management systems which it hopes will deliver “significant efficiency
savings”.
The IT upgrade, called Enabling the Future, is estimated to cost £82m on
completion. However, the body hopes the benefits will total more than £122m
according to the Service’s corporate plan for 2010 – 2011.
During this period the Insolvency Service will be unable to receive forms
online; make payments on insolvent estates including dividend payments to
creditors; no Debt Relief Orders can be submitted; and there could be reduced
services available from the enquiries team due to the lack of access to
documents.
The London Gazette will also be affected. During this period no information
regarding cases can be sent to the publication with the Gazette expected to
include additional cases in its next issue.
Further reading:
Insolvency
profession grinds through new rules
Online
insolvency register could save time and money