Tag Archives: Irish Debt

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

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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

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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

Posted in Debt Management, Debt Management Plans, Debt Payments, Debt Solutions, Individual Voluntary Arrangement, Insolvency, Insolvency Practitioner, IVA, IVAs, Personal Debt, Personal Debt Management, Personal Insolvency, Solvency | Tagged , , , , , , , , , | Leave a comment

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

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Settling Debts with an Individual Voluntary Arrangement

A necessary precondition to be permitted to get into an Individual Voluntary Arrangement (IVA) is that you simply must first be insolvent. Even though there are actually alternative options for the insolvent person that include bankruptcy, this analysis shall just … Continue reading

Posted in Bankruptcy, Creditors, Debt Consolidation, Debt Management Plans, Debt Settlement Arrangement, Individual Voluntary Arrangement, Insolvency, Insolvency Practitioner, IVA, IVAs, Personal Insolvency, Solvency | Tagged , , , , , , , , , , , , | Leave a comment

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 , , , , , , , , , , , , , , , , , | Leave a comment

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

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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

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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%.

Posted in Bankruptcy, Debt Advice, Insolvency, Mortgages, Personal Debt, Personal Debt Management, Personal Insolvency | Tagged , , , , , , , | Leave a comment

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

Posted in Debt Management Plans, Debt Payments, Debt Repayment, Insolvency, Insolvency Practitioner, IVA, IVAs, Personal Debt, Personal Debt Management, Personal Insolvency | Tagged , , , , , , , , , | Leave a comment