Tag Archives: Personal Debt Management
Ireland Moves on Personal Insolvency Legislation
During this year the Irish government is expected to pass new personal insolvency legislation. The final draft of a Personal Insolvency Bill is expected to be published by the end of April 2012, a month later than the EU, ECB … Continue reading
Comparing an Individual Voluntary Arrangement with Bankruptcy
In looking to cope with personal insolvency it’s almost inevitable that the debtor will have to examine the two most important solutions to be found in the Britain, namely entering into an Individual Voluntary Arrangement (IVA) or petitioning for Bankruptcy. … Continue reading
Experiencing the Penalty of Personal debt
Capital punishment for even the most heinous criminal offenses has long been abolished in many western democracies with a few important exceptions like the USA. In regard to debt however, the USA has a most benign range of laws and … Continue reading
Facts about Debt Management Plans
A Debt Management Plan (DMP) is an informal manageable solution for solving a person’s personal debt issues by which creditors are repaid in full in a period of time. The rate at which lenders are paid off is based upon … Continue reading
Different kinds of Personal Financial Debts
Consumers occasionally have difficulty in distinguishing between types of personal debt and loan companies can occasionally be not so helpful in outlining some of these differences. A particular distinction that’s very important to be aware of is whether a personal … Continue reading
Paying back Debts Through Debt Management
A DMP is a straightforward plan that can be used to lower and clear each of your unpaid obligations with no need to gain further funding than what you’ve got. If you decide to use a DMP service provider that … 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
Repaying Debts Using a Debt Management Plan
Debt Management is a simple process which you can use to reduce and clear all your outstanding debts without the need to obtain any further credit than what you already have. If you choose to use a debt management company … Continue reading
Disadvantages of Debt Consolidation
There are several reasons to like joining together your debts into a single debt consolidation loan. Even the term ‘consolidation’ is reassuring for some people. It invokes the thought of getting rid of a lot of small and some not … Continue reading
Insolvency Process Dodgy Transactions – Antecedent Transaction and Transaction at an Undervalue
In the lead up to an insolvency process, it is crucial that the debtor ensures that they acts honestly, honorably and fairly in his dealings with all of the other people who could be impacted by the process. Any ventures … Continue reading