Tag Archives: Personal Insolvency Bill
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
Posted in Bankruptcy, Creditors, Individual Voluntary Arrangement, Insolvency, Insolvency Practitioner, Irish Debt, IVA, IVAs, Law Reform Commission, Mortgages, Personal Debt, Personal Insolvency, Solvency
Tagged bankruptcy, creditors, Debt Solutions, Individual Voluntary Arrangement, Insolvency, Insolvency Practitioner, insolvent, Irish Debt, irish debt law, Irish government, iva, ivas, Personal Debt, Personal Debt Management, personal insolvency, Personal Insolvency Bill, personal insolvency regime
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Increasing Number of Irish Citizens Insolvent
Just five short years ago Ireland was awash with the ‘nouveau riche’ of the Celtic Tiger. Brash young Irish men and women and many not so young Irish citizens were basking in the realization that their time had come. Now … Continue reading
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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The Future of Bankruptcy in Ireland
While the Law Reform Commission (LRC) of Ireland did not draft new legislation reforming the Bankruptcy Act 1988 it did include an appendix to its most recent and final report on personal insolvency, published in December 2010, outlining what it … Continue reading
Changes to Bankruptcy in Ireland
If the new Irish government – widely expected to be a coalition of the Fine Gael and Labour parties – implement the recommendations of the Law Reform Commission (LRC) in relation to personal debt (Personal Debt Management and Debt Enforcement … Continue reading
