Tag Archives: Debt Settlement Systems
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
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
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