Category Archives: Insolvency
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
Posted in Bankruptcy, Debt Settlement Arrangement, Debt Solutions, Individual Voluntary Arrangement, Insolvency, Insolvency Practitioner, Irish Debt, Law Reform Commission, Mortgages, Personal Debt, Personal Debt Management, Personal Insolvency
Tagged bankruptcy, Debt Management Plans, debt payments, Debt Settlement Arrangement, Debt Settlement Scheme, Debt Settlement Systems, debt solution, Debt Solutions, Individual Voluntary Arrangement, Irish Debt, Irish government, Law Reform Commission, Personal Debt, Personal Debt Management, personal insolvency
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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
Posted in Bankruptcy, Individual Voluntary Arrangement, Insolvency, Insolvency Practitioner, IVAs, Mortgages, Personal Insolvency
Tagged bankruptcy, Individual Voluntary Arrangement, Insolvency, Insolvency Practitioner, insolvent, Irish Debt, mortgage debt, mortgages, personal insolvency regime
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Northern Ireland Top Region For Bankruptcy
It seems that Northern Ireland is leading the way compared to other regions of the UK in terms of the amount of personal debt problems encountered by its citizens, according to a report issued by a national debt charity, the … Continue reading
Increasing Number of Irish Citizens Insolvent
Just five short years ago Ireland was awash with the ‘nouveau riche’ of the Celtic Tiger. Brash young Irish men and women and many not so young Irish citizens were basking in the realization that their time had come. Now … Continue reading
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 bankruptcy, Debt Management Plans, Debt Solutions, Individual Voluntary Arrangement, Irish Debt, Irish government, Law Reform Commission, Personal Debt, Personal Debt Management, personal insolvency
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Dealing with your Debts
Here is a list of things that you should Do and Not Do if you are in Debt… Do the following apply to you? Are your debts increasing? Are you under pressure to keep up payments? Do you want to … Continue reading
Going Bankrupt in Northern Ireland
Judging by a recent list of bankruptcy petitions, it seems that in N.Ireland almost every occupation, trade & profession has been affected by the recession. Students, unemployed persons and those who are retired have not escaped either. The law requires … Continue reading
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 bankruptcy, Debt Management Plans, debt payments, Debt Solutions, Insolvency, Personal Debt, Personal Debt Management, personal insolvency
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