BusinessBusiness RecoveryOfficial Receiver goes offline for 10 days

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

Insolvency
Act: all change

Online
insolvency register could save time and money

Related Articles

Director banned for failing to keep proper accounting records

Business Recovery Director banned for failing to keep proper accounting records

1y Richard Crump, Writer
Interview: R3 president Andrew Tate

Business Recovery Interview: R3 president Andrew Tate

2y Chris Warmoll, Writer
Insolvency Service to probe BHS director behaviour

Business Recovery Insolvency Service to probe BHS director behaviour

2y Chris Warmoll, Writer
Corporate and personal insolvencies fall, latest figures reveal

Business Recovery Corporate and personal insolvencies fall, latest figures reveal

2y Chris Warmoll, Writer
113,000 businesses owed money by insolvents in 2015

Business Recovery 113,000 businesses owed money by insolvents in 2015

2y Chris Warmoll, Writer
Administrations ‘flat-line’ as personal insolvencies hit low

Business Recovery Administrations ‘flat-line’ as personal insolvencies hit low

2y Richard Crump, Writer
Company and personal insolvencies sink to pre-recession lows

Business Recovery Company and personal insolvencies sink to pre-recession lows

3y Richard Crump, Writer
Government to improve insolvent redundancy consultations

Business Recovery Government to improve insolvent redundancy consultations

3y Richard Crump, Writer