Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Interim receiver definition

What does Interim receiver mean? An interim receiver is a temporary court appointee who secures and preserves a debtor’s assets after a bankruptcy petition is presented but before a bankruptcy order (adjudication in Ireland) is made. The role is preventive: to take control of property at risk of dissipation, secure books and records, collect income, and report to the court, without making distributions to creditors. In England and Wales and Northern Ireland, the office is provided for in insolvency legislation (including the Insolvency Act 1986 and the Insolvency (Northern Ireland) Order 1989). The court commonly appoints the official receiver as interim receiver, often...

Interim receivers under IA 1986 s 286: appointment procedure, powers and termination (England and Wales)

Published by a LexisNexis Restructuring & Insolvency expert

Practice notes

What is an Interim receiver?

If it is shown that the debtor’s assets need protecting, the court may, at any point after a creditors’ Bankruptcy petition has been presented and before a Bankruptcy order is made, appoint an interim receiver of the debtor’s property under section 286 of the Insolvency Act 1986 (IA 1986). For these purposes, the property in question comprises all assets belonging to the debtor, whether or not they would ultimately fall within the bankruptcy estate. The appointment of an interim receiver is therefore an urgent safeguard within personal insolvency to avert depletion of the estate, comparable to the appointment of a provisional liquidator in corporate insolvency. In some situations, circumstances call for active, interventionist measures to secure the debtor’s property before a bankruptcy order is made. For additional reading on provisional liquidation, see Practice Note: What are provisional liquidators, when are they appointed, and why? Until 6 April 2017, IA 1986, s 286(1) stated that the court could appoint the official receiver (OR) to act as interim receiver...

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Web page updated on 27/05/2026

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