The IVA Insolvency Register

For someone with mounting debts, debt relief orders, IVAs. and other formal insolvency solutions can be a life-saver, but every time an insolvency solution is used in the UK, it is entered into a database.

For Scotland, it is the Register of Insolvencies. In Northern Ireland, IVAs are recorded on a separate Individual Voluntary Arrangement Register, whereas in England and Wales, IVAs are entered into the Individual Insolvency Register.

In this article we’ll look at the insolvency register in more detail, including what it is, how long details of current bankruptcies and IVAs remain on the register, and where you can find the insolvency enquiry line should you wish to dispute any of the details listed.

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What is the Individual Insolvency Register?

The Individual Insolvency Register (IIR) is a publicly searchable database containing records of individual insolvencies – bankruptcies, Debt Relief Orders (DROs), and IVAs. The register can be accessed online and searched by name.

The insolvency register can be a useful source of information for employers, landlords, or credit reference agencies who are conducting a debt relief restrictions search.

Why would someone be looking for my personal or financial information?

Employers might use the insolvency register to ensure that an employee or candidate is legally allowed to work in their chosen field since access to certain occupations is restricted to people who have experienced insolvency.

Landlords might search the insolvency register to see whether potential tenants have had trouble paying debts in the past. This could be a useful indicator of how likely they are to manage monthly rent payments.

If a potential tenant has been insolvent in the past, the landlord might decide to ask for advance payment, or for the tenant to have a guarantor for example.

What Details Appear on the IVA insolvency register report?

If you’re involved in an active form of insolvency like a bankruptcy or IVA, the following details will appear on the register:

• Type of insolvency (i.e. bankruptcy, IVA, or Debt Relief Order)
• Full name and title
• Occupation
• Gender
• Last known address
• Date of birth
• Start and end date of the insolvency
• The Insolvency Practitioner (IP) responsible for the case
• IP’s contact details

If you’re in an active DRO and the official receiver dealing with your case deems you to have been dishonest with the information you provided, details of your debt relief restrictions order will also be listed on the register.

Asking the Insolvency Service to remove details from the register

If you think that having details of your address published on the IIR could put you in danger, you can appeal to the Insolvency Service to have it removed, but this is uncommon.

According to the IIR’s website, these details, which might seem extensive, are provided to avoid people being confused with others, which is a particular issue when it comes to common surnames.

The Insolvency Service, which is responsible for the insolvency register, says that it must keep a record of IVAs. bankruptcy, or Debt Relief Orders by law, but they may consider removing certain information in extraordinary circumstances.

Insolvency enquiry line

If you are living in England and Wales, you can contact the Insolvency Service directly by calling this number: 0300 678 0015.

Alternatively, you can search online for the Insolvency Service. The contact page on their website will give you contact information on the various departments, whether that’s redundancy, estate accounts and scanning, or the press office.

Will details of my Individual voluntary arrangement impact my credit score?

Because credit reference agencies have access to the insolvency register, having an IVA or a current bankruptcy will have an impact on your credit score, hence your access to further credit.

If credit reference agencies see that you have had trouble repaying your debts in the past, they are likely to reduce your score, which can make borrowing more challenging.

With any debt solution, though, you can rebuild your credit score over time, and worrying about your credit score should not put you off seeking help with your debts.