Category Archives: Insolvency
Debt Settlement Arrangement | Ireland
Debt Settlement Arrangement is one of three new personal insolvency measures proposed in The Personal Insolvency Bill 2012 which is currently making its way through the Irish legislative process. The other two measures are Debt Relief Notice or and Personal … Continue reading
Who Will Qualify for an Irish Debt Relief Certificate?
A Debt Relief Certificate is one of three new measures contained in the first draft of the Personal Insolvency Bill which was published by the Irish Government at the end of January this year. The draft bill is likely to … Continue reading
Ireland’s Proposed Amendments to Bankruptcy Law
Published by the Irish government at the end of January 2012 the heads of the proposed new Personal Insolvency Bill promises a whole new insolvency regime in Ireland. Like any new legislation however, the devil is in the detail or … Continue reading
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
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
Learn about IVAs
The intention of these guides is to supply easy and clear-cut answers to queries that individuals would like to raise in relation to IVAs and indebtedness in general but may refrain from doing so for all sorts of reasons. Let’s … Continue reading
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
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
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
Different kinds of Personal Financial Debts
Consumers occasionally have difficulty in distinguishing between types of personal debt and loan companies can occasionally be not so helpful in outlining some of these differences. A particular distinction that’s very important to be aware of is whether a personal … Continue reading