South Square Chambers

This Practice Note, produced in partnership with South Square and BDO LLP, looks at income payments orders (IPOs) made under section 310 of the Insolvency Act 1986 that allow trustees in bankruptcy to claim a bankrupt’s surplus income for the benefit of the bankruptcy estate. It summarises who can apply for an IPO, when application can be made, and how much a trustee in bankruptcy can claim as part of an IPO.

This Practice Note, produced in partnership with South Square Chambers and BDO LLP, looks at interim receivers in personal insolvency appointed under section 286 of the Insolvency Act 1986 in the period between the presentation of a bankruptcy petition and the making of a bankruptcy order.

This Practice Note, produced in partnership with South Square Chambers and updated by Jessica Powers of New Square Chambers, discusses the difference between the anti-deprivation principle (which prevents parties from contracting out of the statutory regime for the collection, realisation and distribution of an insolvent estate) and the pari passu principle (which seeks to ensure the pro rata distribution of an insolvent estate among creditors).