Taking the Personal Insolvency Paper Only

Section 389A of the Insolvency Act 1986 (inserted by the Insolvency Act 2000 on the 1st January 2003) allows the Secretary of State to recognise bodies to authorise their members to act as office-holders in Voluntary Arrangements.

Members of such bodies who meet acceptable requirements, as to education, practical experience and training can act as a nominee and supervisor taking appointments as Voluntary Arrangement Practitioners.

The Joint Insolvency Examination Board have recently agreed to allow candidates to sit just the personal insolvency examination at the November 2008 sitting. (Previously first time candidates have been required to sit a minimum of two papers). At time of writing it is expected that successful candidates, meeting the other criteria of their RPBs, will be able to apply for IVA-only licenses from April 2008 onwards.

S.389A has only recently been brought into force and candidates will need to get in touch with their RPBs in relation to the obtaining of a license.

To meet the needs of candidates wishing to take the JIEB personal insolvency paper BPP have a number of programmes leading to the November 2008 exam.

Candidates wishing to take just the personal insolvency paper at the JIEB, can book onto our training programmes by completing the application form at the back of the JIEB brochure and submitting this with a covering note detailing that you require Personal Insolvency only.