Insolvency
Insolvency searches in New Zealand: bankruptcy, NAP, DRO and company insolvency
The cheapest result on a recovery file is often the one that stops it, and an insolvency event is the clearest version of that answer.
The problem this answers
Money is spent chasing people who are already in a formal insolvency procedure, because nobody checked the register before the file was escalated.
The same check protects the other direction: taking enforcement steps against a bankrupt can be a step you are not entitled to take.
What the search returns
- Bankruptcy adjudications, with dates and current status.
- No asset procedures and debt repayment orders.
- Company insolvency events: liquidation, receivership and voluntary administration.
- The administering body and the officeholder where the record identifies them.
When it is used
- Early on a collections file, before recovery cost is committed.
- Before enforcement, to confirm what steps remain available.
- In due diligence, where a counterparty's or a director's insolvency history is material.
- In litigation, where a party's status affects who must be joined or notified.
What it does not establish
- A clear register is not proof of solvency. It records formal procedures, not financial difficulty.
- Register status reflects what has been recorded at the time of the search, and status changes.
- It does not tell you what will be distributed or when.
The limits on the enquiry
- Public registers maintained by the Insolvency and Trustee Service and the Companies Office, used for the declared purpose.
- Every search records the user, the time and the declared authorised purpose.
The statutory position is set out in full on the compliance page.
Who may access it
- Verified account holders with a declarable authorised purpose.
How intelID consolidates the result
Insolvency status is returned with the rest of the enquiry rather than checked separately at the end, which is what makes it useful as a stop condition early.
One audit entry covers the whole enquiry, including the insolvency check.
What you pay is the monthly subscription plus the searches you run, set out on the pricing page. Every integrated source and its legal basis is listed on the data sources page.
Questions about insolvency
Does an insolvency search cover both people and companies?
Yes. Personal insolvency procedures and company insolvency events are both returned.
How current is the status?
The register is queried at the time of the search, so the result reflects what the register holds at that moment rather than a cached copy.
What should I do if a debtor is bankrupt?
That is a legal question for your own advisers. The search establishes the status and gives you a dated record of when you established it.
Request access to intelID
Tell us who you are and what you need to search, and we will set up your account. Verification is part of the process and usually straightforward. Most accounts are verified and issued within 2 business days.