The Insolvency Service of Ireland (ISI) will be in a position to receive and process applications for the three new insolvency arrangements at the end of June 2013. The ISI will be processing Debt Relief Notice applications in July, once Approved Intermediaries are authorised and, subsequently, Debt Settlement Arrangements and Personal Insolvency Arrangements once Personal Insolvency Practitioners are authorised. Some of the key remaining pieces to be put in place include the finalisation of an Information Technology infrastructure to support the efficient and effective processing of applications, the publication by ISI of Regulations for the authorisation and supervision of Practitioners and work with the Courts Service to ensure that the Court's role in the processes is efficiently supported.
The ISI Public Information Campaign was formally launched on 18 April 2013. Since the Director of the Service took up his position at the end of last October, he has overseen a great deal of work within a short period of time. This included setting up an implementation team to address all of the operational matters necessary for the new Service; arranging office accommodation; recruiting and training specialist staff; and designing and implementing the new regulatory and IT frameworks required to accept applications. The dedicated ISI website (www.isi.gov.ie) and information line went live on 18 April. Trained ISI staff have begun taking calls from the public and will be able to advise people in regard to which debt resolution process may be most appropriate to their situation from the three processes available. It is envisaged that all the Personal Insolvency Act 2012 will be fully commenced as soon as all of the remaining necessary preparations for administration of its provisions are finalised, which is expected by the end of June 2013.