Insolvency Service (Northern Ireland)

The Insolvency Service (Northern Ireland) is a government agency responsible for overseeing personal insolvency and debt solutions in Northern Ireland. It administers processes like bankruptcy and debt relief orders, ensuring individuals unable to pay their debts are managed fairly and legally. The service also enforces regulations related to insolvency practitioners and maintains public confidence in the insolvency system. Essentially, it helps people and creditors by providing structured ways to resolve financial difficulties, while ensuring the process adheres to legal standards.