How to become a PIP

How to become a PIP


Personal Insolvency Practitioners (PIPs) will be authorised by the ISI who hold strong investigstory powers; there are 12 pages in the Act itself outlining the appeals procedures etc.

The appointment of a PIP will be similar to a liquidator and the authorisation to act as a PIP is in force for one year.

Insolvency Service is yet to confirm the regulations for PIPs but they are likely to have to provide evidence of the following:

  • Competence and in particular knowledge of the Act and the law relating to Personal Insolvency
  • A qualified accountants' report in the prescribed form stating that the PIP will have the financial systems in place and controls over monies received
  • Professional Indemnity insurance Circumstances for charging fees and recovering outlays
  • Other documents that may be required include a character reference from the Gardai
More Information


Latest news

Nurses and teachers increasingly taking breaks in UK to go bankrupt

NURSES and teachers are taking sabbaticals from their public service jobs to go bankrupt in the UK, the Sunday Independent has learned.

James Treacy: It's time to accept that for many, their financial situation is hopeless

Back in March last year 'StubbsGazette', in association with Red C, conducted the most comprehensive survey to date of the state of personal insolvency in Ireland.

Contact us:

PIPx Dublin

Tel: +353 (0)1 672 5939
Address: 5 Schoolhouse Lane East,
Dublin 2

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