The Insolvency Service is currently focused on priority work streams for the establishment of the Office.
The date when the Personal Insolvency Service will accept applications from borrowers will be determined by the finalisation of the Information Technology infrastructure currently being developed which will operate between the Personal Insolvency Practitioner, the ISI and the Courts Service. It is also dependent on the selection and appointment of six new specialist Judges to the Circuit Court and the making of Regulations for the authorisation and supervision of Personal Insolvency Practitioners. It is anticipated that this date will be during the second quarter of 2013 and the public will be informed in advance when the ISI are ready to process such applications.
I understand that various scenarios of possible resolution outcomes for each of the three new debt arrangements will be available on the ISI's website which will be operational in due course.