Bankruptcy estate Under section 306(1) of the Insolvency Act 1986 (IA 1986), the bankrupt’s estate vests in the trustee in bankruptcy (trustee) immediately on their...
The position of a personal pension on bankruptcy A bankrupt’s estate automatically vests in the official receiver (or an insolvency practitioner if instead appointed at...
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One of the main functions of the trustee in bankruptcy (trustee) is, in accordance with section 305(2) of the Insolvency Act 1986 (IA 1986), to get in, realise and...
The 'three-year rule' and why it applies The reforms introduced by the Enterprise Act 2002 (EnA 2002) included the insertion of a new section 283A into the Insolvency Act...
Definition of property and some general principles Property is defined very widely in section 436 of the Insolvency Act 1986 (IA 1986), and includes 'money, goods, things...