Category Archives: Personal Debt Management
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
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
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
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
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
Credit Card Debt Relief within a Unsecured Debt Management Plan
Debt Management Plans (DMPs) are much in news reports at the present time. Several undesirable aspects of the industry made the biggest headlines. As with any industry a couple of bad apples can give the barrel a bad name. In … Continue reading
How do IVAs work
For those who have money problems and believe that you may be insolvent, you may want to understand about an Individual Voluntary Arrangement, frequently known as an IVA, and how it could possibly help you. Being aware of what an … Continue reading
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
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
What is an Irish Judgment Mortgage?
A creditor may seek a judgment against a debtor in an Irish court for non-payment of a debt when such payment is overdue. Where such a judgment is awarded, interest is automatically applied at the statutory rate of 8%.