Category Archives: Bankruptcy

New Personal Insolvency Solutions in Ireland almost here

Over twenty one months ago now in November 2011, we considered the prospects of having financial solutions available for insolvent Irish citizens. We identified political and systemic lethargy as the enemy of progress but were optimistic that the then relatively … Continue reading

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Ireland Moves on Personal Insolvency Legislation

During this year the Irish government is expected to pass new personal insolvency legislation. The final draft of a Personal Insolvency Bill is expected to be published by the end of April 2012, a month later than the EU, ECB … Continue reading

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Comparing an Individual Voluntary Arrangement with Bankruptcy

In looking to cope with personal insolvency it’s almost inevitable that the debtor will have to examine the two most important solutions to be found in the Britain, namely entering into an Individual Voluntary Arrangement (IVA) or petitioning for Bankruptcy. … Continue reading

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Why Should Creditors Be Able to Claim My Property?

Once you owe money to loan providers or some other lenders they’ve got the legal right to seek the payment of such obligations in keeping with the conditions and terms under which the monies were borrowed or the liability was … Continue reading

Posted in Bankruptcy, Creditors, Debt Advice, Debt Management, Debt Management Plans, Debt Repayment, Debt Solutions, Individual Voluntary Arrangement, Insolvency, IVA, Personal Debt, Personal Debt Management, Personal Insolvency, Solvency | Tagged , , , , , , , , | Leave a comment

Student Debt Problems ahead for Students

Many young people who plan to graduate this year may perhaps have debts of £25,000 or over to reduce their excitement while they look to get into a less than buoyant jobs market. Surveys are finding that half of individuals … Continue reading

Posted in Bankruptcy, Debt Advice, Debt Management, Debt Payments, Debt Solutions, Individual Voluntary Arrangement, IVA, Personal Debt, Student Debt, Student Loans | Tagged , , , , , , | Leave a comment

Experiencing the Penalty of Personal debt

Capital punishment for even the most heinous criminal offenses has long been abolished in many western democracies with a few important exceptions like the USA. In regard to debt however, the USA has a most benign range of laws and … Continue reading

Posted in Bankruptcy, Debt Management, Debt Relief Orders, Debt Settlement Arrangement, Debt Solutions, Individual Voluntary Arrangement, Insolvency, Insolvency Practitioner, IVA, Law Reform Commission, Personal Debt, Personal Insolvency | Tagged , , , , , , , , , | Leave a comment

Personal Debt Problems with Help from the EU

The majority of consumers among member states of the European Union (EU) are not aware of a number of unexpected compensations that EU membership provides concerning personal insolvency. Those compensations are rooted in the basic principle of the free migration … Continue reading

Posted in Bankruptcy, Debt Advice, Debt Management, Debt Payments, Debt Solutions, Individual Voluntary Arrangement, Insolvency, Irish Debt, IVA, Law Reform Commission, Personal Debt Management, Personal Insolvency, Solvency | Tagged , , , , , , , , , , , , , , | Leave a comment

Five Years Bankruptcy Term in Ireland

Justice Minister Alan Shatter has just published the details of the Civil Law (Miscellaneous Provisions) Bill which will have the effect of reducing the term of bankruptcy in Ireland. Bankrupts under the proposed new law will ‘enjoy’ automatic release from … Continue reading

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Relieving the Agony of Personal Debt

When people take a look at their own serious personal debt struggles they occasionally visualize how awful it would be if they had to go bankrupt. Whether or not they petition for their own bankruptcy or one of their creditors … Continue reading

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Insolvency Process Dodgy Transactions – Antecedent Transaction and Transaction at an Undervalue

In the lead up to an insolvency process, it is crucial that the debtor ensures that they acts honestly, honorably and fairly in his dealings with all of the other people who could be impacted by the process. Any ventures … Continue reading

Posted in Bankruptcy, Debt Advice, Debt Management, Debt Solutions, Individual Voluntary Arrangement, Insolvency, IVA, IVAs, Liquidation, Personal Insolvency | Tagged , , , , , , , , , , , | Leave a comment