Tag Archives: personal insolvency
The Contrast Between the UK and Ireland in dealing with Personal Debt Problems
The contrast between the UK and Ireland in dealing with personal debt problems is quite remarkable. The most startling contrast is perhaps the difference in the bankruptcy legislation. In the UK most bankruptcies are discharged within 1 year leaving the … Continue reading
Posted in Bankruptcy, Creditors, Debt Management Plans, Debt Relief Orders, Debt Solutions, Insolvency, Irish Debt, Personal Debt, Personal Debt Management, Personal Insolvency
Tagged bankruptcy, Debt Management Plans, Debt Solutions, Individual Voluntary Arrangement, Irish Debt, Irish government, Law Reform Commission, Personal Debt, Personal Debt Management, personal insolvency
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Dealing with your Debts
Here is a list of things that you should Do and Not Do if you are in Debt… Do the following apply to you? Are your debts increasing? Are you under pressure to keep up payments? Do you want to … Continue reading
Going Bankrupt in Northern Ireland
Judging by a recent list of bankruptcy petitions, it seems that in N.Ireland almost every occupation, trade & profession has been affected by the recession. Students, unemployed persons and those who are retired have not escaped either. The law requires … 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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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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Moving to the UK to sort out your debts
The UK has historically had, at best, an ambivalent attitude to its partners in the European Union (EU). It would be fair to say that during and indeed since the Thatcher era no love was lost between the UK and … Continue reading
Posted in Debt Solutions, Personal Debt, Personal Debt Management, Personal Insolvency
Tagged comi, debt payments, Debt Solutions, European Union, Individual Voluntary Arrangement, Irish government, Personal Debt Management, personal insolvency, personal insolvency legislation, personal insolvency regime
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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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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
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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