Where an individual is adjudged bankrupt, it is possible for their bankruptcy to be annulled on one of three grounds: • if it appears to the court that, on any grounds existing when the bankruptcy order was made, the order ought not to have been made (section 282(1)(a) of the Insolvency Act 1986 (IA 1986)) • if it appears to the court that, to the extent required by the rules, the bankruptcy debts and the expenses of the bankruptcy have all, since the making of the bankruptcy order, been either paid or secured to the satisfaction of the court (IA 1986, s 282(1)(b)) • where an undischarged bankrupt enters into an individual voluntary arrangement (IVA) with their creditors (IA 1986,