Category Archives: Law Reform Commission
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
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 bankruptcy, Debt Management Plans, debt payments, Debt Settlement Arrangement, Debt Solutions, Individual Voluntary Arrangement, Insolvency Practitioner, Personal Debt, Personal Debt Management, personal insolvency
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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 bankruptcy, Bankruptcy Act 1988, Debt Management Plans, debt payments, Debt Settlement Arrangement, Debt Solutions, Individual Voluntary Arrangement, Insolvency, Insolvency Practitioner, insolvent, Personal Debt, Personal Debt Management, personal insolvency, Personal Insolvency Bill, personal insolvency regime
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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
Posted in Bankruptcy, Debt Advice, Debt Settlement Arrangement, Debt Solutions, Insolvency, Law Reform Commission, Personal Debt, Personal Debt Management, Personal Insolvency
Tagged bankruptcy, Bankruptcy Act 1988, Debt Relief Orders, Debt Settlement Office, Debt Settlement Systems, debt solution, Debt Solutions, Insolvency, Irish Debt, Irish government, Irish insolvency legislation, Personal Debt, personal insolvency, personal insolvency legislation
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Challenging the Irish Insolvency Law
A challenge to Ireland’s arcane bankruptcy laws may be made to the High Court within weeks, according to a recent report in The Sunday Independent by Maeve Sheehan. This is an interesting development if a challenge is made on the … Continue reading
Posted in Bankruptcy, Debt Advice, Debt Management Plans, Debt Settlement Arrangement, Debt Solutions, Insolvency, Law Reform Commission, Personal Debt, Personal Debt Management, Personal Insolvency
Tagged bankruptcy, Bankruptcy Act 1988, Debt Enforcement, Debt Settlement Arrangement, Debt Solutions, Insolvency Practitioner, Irish government, Law Reform Commission, Personal Debt Management, personal insolvency, Personal Insolvency Bill
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Questions for the Irish Government on Personal Debt
It promised to hit the ground running and the new Irish Government will soon be a hundred days in office. It has committed to making many changes so perhaps now is the time to ask some questions as to what … Continue reading
Posted in Debt Consolidation, Debt Management Plans, Debt Payments, Debt Solutions, Individual Voluntary Arrangement, Insolvency, Insolvency Practitioner, IVA, IVAs, Law Reform Commission, Personal Debt, Personal Debt Management, Personal Insolvency, Solvency
Tagged bankruptcy, Debt Management Plans, debt payments, Debt Relief Orders, debt repayment, Debt Settlement Arrangement, Debt Settlement Scheme, Debt Solutions, Individual Voluntary Arrangement, Insolvency, insolvent, Irish Debt, Irish government, Irish Judgment Mortgage, Law Reform Commission, Personal Debt, Personal Debt Management, personal insolvency
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What Makes Bankruptcy Law in Ireland So Draconian
Time and money are two key resources in any successful business. They encompass and conjure up ideas of costs, budgets, productivity, deadlines, profitability investment and so on. The list is endless. The analogy with bankruptcy or rather the legislation dealing … Continue reading
Posted in Bankruptcy, Insolvency, Insolvency Practitioner, Irish Debt, Law Reform Commission, Personal Insolvency, Solvency
Tagged bankruptcy, Debt Solutions, Insolvency, insolvency legislation, Insolvency Practitioner, insolvent, Irish Bankruptcy law, Irish Debt, Irish government, personal insolvency, personal insolvency legislation, personal insolvency regime
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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
Posted in Bankruptcy, Creditors, Individual Voluntary Arrangement, Insolvency, Insolvency Practitioner, Irish Debt, IVA, IVAs, Law Reform Commission, Mortgages, Personal Debt, Personal Insolvency, Solvency
Tagged bankruptcy, creditors, Debt Solutions, Individual Voluntary Arrangement, Insolvency, Insolvency Practitioner, insolvent, Irish Debt, irish debt law, Irish government, iva, ivas, Personal Debt, Personal Debt Management, personal insolvency, Personal Insolvency Bill, personal insolvency regime
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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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Ireland’s Proposals for a Personal Debt Settlement Scheme
The Law Reform Commission (also known as LRC) in Ireland set up an expert group to make recommendations for reform of Irish law relating to personal debt. It has reported back strongly recommending setting up a Debt Settlement System which … Continue reading
Posted in Bankruptcy, Debt Settlement Arrangement, Irish Debt, Law Reform Commission, Personal Debt Management, Personal Insolvency
Tagged Debt Management Plans, debt payments, Debt Settlement Scheme, Debt Settlement Systems, Debt Solutions, Irish Debt, Irish government, Law Reform Commission, Personal Debt, personal insolvency
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