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Income Payment Agreement (IPA): new for Bankrutpcy Reform. Process for obtaining contributions from a debtor's income during their bankruptcy. The contributions are agreed between AIB and debtor.

Income Payment Order (IPO): new for Bankrutpcy Reform. If the debtor was not willing to make contributions then an IPO may be placed on them by AiB. This is an order for them to contribute to their debt.

Inhibition: it allows your creditor to stop you selling, transferring, or re-mortgaging your house or land unless you pay your debt to them. It does not allow your creditor to sell your property.

Insolvency Practitioner: a person (usually, but not necessarily, a chartered accountant) licensed and authorised to act as a trustee in sequestrations or trust deeds and also as liquidator, administrator, or receiver of a limited company.

Interim Attachment: process (similar to diligence on the dependence) which restricts the debtor's ability to deal with a limited range of moveable assets in their possession while a court action progresses.

Interim Trustee: someone appointed by the court to handle your estate until a permanent trustee is appointed.

Interlocutor: an order or decision of the court, usually in response to a Note or Application.