Tag Archives: bankruptcy
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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Harmonizing Personal Insolvency Debt Solutions in the European Union
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
Bankruptcy Tourism in Europe
Bankruptcy tourism in Europe is increasing as an unexpected consequence of the principle of the free movement of labour in the European Union (EU). Certain jurisdictions in the EU have much more favourable laws for dealing with the individual insolvency … Continue reading
Euro 50,000 Minimum Level of Debt for Bankruptcy in Ireland
If and when the new Irish government – widely expected to be a coalition of the Fine Gael and Labour parties – decides to reform the Bankruptcy Act 1988, one of the key matters to consider is what the appropriate … Continue reading
Posted in Bankruptcy, Irish Debt, Personal Debt, Personal Debt Management, Personal Insolvency
Tagged bankruptcy, Bankruptcy Act 1988, Debt Enforcement, Debt Enforcement report, debt payments, Irish Debt, Irish government, Law Reform Commission, Personal Debt, Personal Debt Management, personal insolvency
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The Future of Bankruptcy in Ireland
While the Law Reform Commission (LRC) of Ireland did not draft new legislation reforming the Bankruptcy Act 1988 it did include an appendix to its most recent and final report on personal insolvency, published in December 2010, outlining what it … Continue reading
Changes to Bankruptcy in Ireland
If the new Irish government – widely expected to be a coalition of the Fine Gael and Labour parties – implement the recommendations of the Law Reform Commission (LRC) in relation to personal debt (Personal Debt Management and Debt Enforcement … Continue reading
