IPA contribution to the Insolvency Service Personal Insolvency Review
IPA Insolvency Practitioner newsletter, December 2025
The IPA is pleased to contribute to the UK Government’s Personal Insolvency Review. Our submission supports a modern regime that provides genuine debt relief and a sustainable fresh start for those in serious financial difficulty, while ensuring fairness to creditors and addressing misconduct. Drawing on our regulatory expertise and extensive engagement across the sector, we outline key considerations for the Government as it develops future policy. These include the need for decisions to be based on comprehensive data across all debt solutions; clarity on alignment with regimes in Scotland and Northern Ireland; transparent assessment criteria; full costing of current and future solutions; and clarity on funding, creditor interests, and the respective roles of the public and private sectors. We also emphasise the importance of proportionate, consistent regulation and an approach that accommodates individual debtor circumstances. We look forward to working collaboratively as the review progresses.