Tag Archives: Personal Debt
Who is to blame for my personal debt?
Wanting to blame somebody else for our own financial problems is an entirely predictable and human reaction, particularly in the current recession. There has been a huge growth in personal indebtedness in the last ten years, particularly mortgage debt and … Continue reading
Posted in IVAs, Personal Debt, Personal Debt Management
Tagged Debt Management Plans, debt payments, Individual Voluntary Arrangement, Irish Debt, Irish government, mabs, Personal Debt, Personal Debt Management, personal insolvency, Personal Insolvency Bill, personal insolvency legislation
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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
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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Will New Irish Government Tackle Personal Debt Law?
It will fall to the new Irish government – widely expected to be a coalition of the Fine Gael and Labour parties – to enact new personal insolvency legislation in Ireland. The Green party has been credited with recognition of … Continue reading
Posted in Bankruptcy, Debt Settlement Arrangement, Debt Solutions, Irish Debt, Personal Debt, Personal Debt Management, Personal Insolvency
Tagged Debt Settlement Arrangement, Debt Solutions, Irish Bankruptcy law, Irish Debt, Irish government, Law Reform Commission, Personal Debt, Personal Debt Law, Personal Debt Management, personal insolvency
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Personal Debt – An Irish Debt Solution
The Green Party, who are in coalition government with Fianna Fail, are obviously keen to leave a legacy of getting significant insolvency legislation enacted before they depart government, now projected to be early in 2011. The Law Reform Commission (LRC) … Continue reading
Posted in Irish Debt, Personal Debt
Tagged debt solution, Irish Debt, Irish government, Law Reform Commission, Personal Debt, personal insolvency
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Irish people in debt will not face jail
The Law Reform Commission (LRC) of Ireland has just published its final report on personal debt in Ireland and in the dying days of the Fianna Fail – Greens coalition government, it includes a Draft Personal Insolvency Bill 2010 which … Continue reading
