Tag Archives: Bankruptcy Act 1988
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
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
How To Rank Your Debt Payments
People have to live so in assessing which bills to pay first, one must consider the essentials of life – food and shelter. Making sure you pay your priority debts comes before all your other debt payments and is regardless … 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