Category Archives: Individual Voluntary Arrangement
Standardizing Personal Insolvency Laws in Europe
Did you know that there are now twenty seven countries in the European Union (EU) all with their own personal insolvency legislation? The mind boggles at the volume, variety and complexities of laws and regulations which this must entail. The … Continue reading
The Dilemma for Irish Mortgage Holders
RTE television recently featured a number of Irish couples who were drowning in debt largely as a result of having taken out large mortgages at the height of the property bubble in 2006 to 2007. There are over 45,000 mortgages … Continue reading
Is Debt Management A Safe Debt Solution?
If you are struggling with your debt and are having problems repaying your debts one of the debt solutions out there is known as a Debt Management Plan. This is one of the three most popular debt solutions in the … Continue reading
Repaying Your Creditors
You will probably understand creditor harassment if you cant afford to your debts when they are due or you have fallen behind in debt repayments. They will start with sending you reminder and overdue letters. If you cant make the … Continue reading
What Insolvency Practitioner Should I Choose?
Consumers who are looking to find out about IVAs or other solutions for their debt problems are sometimes scared or concerned about enquiring about financial advice. Alot of people may feel ignorant in terms of their understanding of financial matters … Continue reading
Penalties for Debt
Capital punishment for even the most heinous crimes has been abolished in most western democracies with some significant exceptions such as the USA. In regard to debt however, the USA has a most benign set of laws dealing with insolvency … Continue reading
An IVA can Help you to Keep your Property
An Individual Voluntary Arrangement (IVA) is a formal agreement between an insolvent debtor and his or her unsecured. The terms of the IVA provide for the debtor to repay a portion of his or her unsecured debt over a limited … Continue reading
