This note provides an overview of the process of disclaimer in liquidation and bankruptcy.

It explains the concept of disclaimer, how a liquidator or trustee in bankruptcy disclaims property and what type of property may be disclaimed. This note also outlines the provisions in the Insolvency Act 1986 (IA 1986) and the Insolvency (England and Wales) Rules 2016 (SI 2016/1024) (IR 2016) that deal with disclaimer.