Category Archives: Debt Relief Orders

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

Posted in Bankruptcy, Debt Management Plans, Debt Relief Certificate, Debt Relief Orders, Debt Settlement Arrangement, Debt Solutions, Insolvency, Irish Debt, Personal Insolvency Arrangement | Tagged , , , , , , , | Leave a comment

What Irish Government Minister will Champion the Indebted Masses?

Just eight months in power now, the new Irish government, comprising a coalition of the Fine Gael and Labour parties, has begun to make noises about the personal debt elephant in the room. Were it not for the EU-IMF demand … Continue reading

Posted in Debt Enforcement Office, Debt Relief Orders, Debt Settlement Arrangement, Debt Settlement Office, Insolvency, Irish Debt, Personal Debt | 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

Paying back Debts Through Debt Management

A DMP is a straightforward plan that can be used to lower and clear each of your unpaid obligations with no need to gain further funding than what you’ve got. If you decide to use a DMP service provider that … Continue reading

Posted in Debt Advice, Debt Management, Debt Management Plans, Debt Relief Orders, Debt Repayment, Debt Solutions, Individual Voluntary Arrangement, Personal Debt, Personal Insolvency | Tagged , , , , , , , , | Leave a comment

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

Posted in Bankruptcy, Debt Advice, Debt Management, Debt Relief Orders, Debt Solutions, Insolvency, Insolvency Practitioner, IVA, Personal Debt, Personal Debt Management, Personal Insolvency | Tagged , , , , , , , | Leave a comment

Dealing with Personal Debt

Plenty of people now have personal day-to-day money problems. Most of the people want to do something about them, if possible to get them to go away. There are several remedies for issues of individual insolvency at hand. The main … Continue reading

Posted in Bankruptcy, Debt Advice, Debt Consolidation, Debt Management, Debt Management Plans, Debt Payments, Debt Relief Orders, Debt Solutions, Individual Voluntary Arrangement, Insolvency, Insolvency Practitioner, IVA, Personal Debt, Personal Debt Management, Personal Insolvency, Solvency | Tagged , , , , , , , , , , , , , | Leave a comment

Opportunities For Debtors As Well As Lenders

When confronted with enormous financial debt worries it’s easy for the solitary borrower to neglect the effect of non-payment or late settlement on creditors. The financial institution is frequently considered as the big bad wolf and not worthy of any … Continue reading

Posted in Bankruptcy, Debt Management Plans, Debt Relief Orders, Debt Solutions, Individual Voluntary Arrangement, IVA, IVAs, Personal Insolvency | Leave a comment

The Contrast Between the UK and Ireland in dealing with Personal Debt Problems

The contrast between the UK and Ireland in dealing with personal debt problems is quite remarkable. The most startling contrast is perhaps the difference in the bankruptcy legislation. In the UK most bankruptcies are discharged within 1 year leaving the … Continue reading

Posted in Bankruptcy, Creditors, Debt Management Plans, Debt Relief Orders, Debt Solutions, Insolvency, Irish Debt, Personal Debt, Personal Debt Management, Personal Insolvency | Tagged , , , , , , , , , | Leave a comment

Different Perspectives on Debt Management Plans

From the Viewpoint of Creditors While creditors differ in how they view and treat Debt Management Plans, it is probably fair to say that creditors generally look on a Debt Management Plan (DMP) as the lesser of at least two … Continue reading

Posted in Bankruptcy, Creditors, Debt Management Plans, Debt Relief Orders, Debt Solutions, Insolvency, IVAs, Personal Insolvency, Solvency | Tagged , , , , , , , | Leave a comment

Irish people in debt will not face jail

The Law Reform Commission (LRC) of Ireland has just published its final report on personal debt in Ireland and in the dying days of the Fianna Fail – Greens coalition government, it includes a Draft Personal Insolvency Bill 2010 which … Continue reading

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