Application for Individual Membership
An applicant for Individual Membership should:
- Have passed the Joint Insolvency Examination (JIE) set by the Joint Insolvency Examination Board (JIEB); or
- Have passed the IPA Certificate of Proficiency in Insolvency examination (CPI) or Certificate of Proficiency in Personal Insolvency (CPPI) and have two years’ experience in insolvency or insolvency-related work; or
- Have three years’ experience working on insolvency cases; or
- Hold a current licence to act as an Insolvency Practitioner (IP) from another recognised professional body (RPB) or the Secretary of State; or
- Be an official receiver or equivalent grade in HM Government’s Insolvency Service; or
- Have undertaken a significant contribution to the knowledge and practice of insolvency
- If you also intend to apply for an IPA licence to act as an IP, you can apply in parallel using this form.
- The JIE or CPI or CPPI should have been passed in the ten years before the application. If you passed the examination more than ten years ago, you may be asked to re-sit the examination unless you can show that in the intervening period you have been working in an insolvency practice – and in which event, you may be able to apply for membership based on that experience.
- Insolvency administration is defined in the Articles as the performance, administration and discharge of those functions, powers, activities and duties which are attached to or are incidental to any office, appointment or position held by an IP or any other similar office or position or appointment as a professional adviser concerning the realisation, recovery, reorganisation, reconstruction, settlement or distribution of the assets, liabilities or affairs of any individual, corporation or other person or body of persons.
Your Experience and Qualifications
Your insolvency experience should be confirmed by an IP – they may be your sponsor; or you should attach a copy of your current IP licence or appointment as an official receiver or equivalent grade.
Your application should be supported by a sponsor who works in insolvency or a related field, for example legal, financial, insurance and creditor groups.
Your sponsor should provide a letter addressed to the President of the IPA (not “to whom it may concern”) setting out:
- his/her full name, address, telephone and fax numbers and e-mail;
- his/her job title/position and any qualifications, honours, decorations;
- the capacity in which he/she has known you, and for how long;
- his/her view of your character and suitability to be an Ordinary Member of the IPA; and
- your experience where your application is based in part or whole on your insolvency experience (this should be confirmed by an IP).
The IPA will take into account the matters set out at Part 5 and may make such further and other enquiries of third parties as it considers appropriate as to your character and suitability to be an Individual Member.
If an applicant does not meet the requirements, their application, background, and experience would still be considered.
Individual Membership Fee
Should your membership not be accepted by the Association, we will refund the fee in full.
|New Members: Entrance Fee||£160|
|Individual Membership (employed by a Firm Member)||£285|
|Individual Membership (employed by a Non-Firm Member)||£345|
|TOTAL (Member Firm)||£445|
|TOTAL (Non Member Firm)||£505|