While coverage of the recent changes to the Bankruptcy Laws has focused on the reduction of the bankruptcy term from three years to one year, a number of other amendments were made. These will have a serious effect on a person's decision to file for bankruptcy. The...
One year bankruptcy is now a reality in Ireland after the Bankruptcy (Amendment) Act 2015 was brought into law by a commencement order on Friday, January 29th 2016. The commencement order reduced the normal duration of bankruptcy from three years to one year...
THE END OF BANKRUPTCY TOURISM! – ONE YEAR BANKRUPTCY PERIOD This One Year Bankruptcy has been a long time in coming. People have been suffering for long enough the debt hangover from the Celtic Tiger era. In 2012 big changes were introduced. The Insolvency Service...
What is One Year Bankruptcy? Bankruptcy is where the property or assets someone who is unable or unwilling to pay their debts are transferred to a person who is given charge of the property by the High Court (called the Official Assignee) to be sold. When those assets...
Taoiseach Enda Kenny has today announced that legislation reducing the term of bankruptcy could become law before the end of the year. Bankruptcy is the last resort open to a creditor who cannot get paid by any other means and the end of the line for a debtor who is...
Tipp FM Legal Slot – 20th May 2015 – Monthly Wrap Up -Insolvency, Repossession and Actions of the Bank [soundcloud id='207805206'] John Lynch spoke to Seamus Martin on Tipp FM about interesting developments and cases in the area of Repossession and Insolvency....
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