Bankruptcy & Personal Insolvency - One Year On The new law on bankruptcy came into effect recently after Minister for Justice Alan Shatter signed an order to introduce the measure. The move completed the Government's new personal insolvency and bankruptcy model in...
Tipp FM Legal Slot – 10th December 2013 John M. Lynch on Bankruptcy and Personal Insolvency [soundcloud id='165871201'] Download our Bankruptcy & Personal Insolvency Update notes The new law on bankruptcy came into effect last week after Minister for...
By John M. Lynch, Principal and Personal Insolvency Practitioner (PIP). For the past number of months we have been bombarded with commentary each day on the new provisions under the Personal Insolvency Act 2012 – When will it come into force?, How will it operate?,...
Bankruptcy Reform – From Boom to Bust to Recovery – the Irish American Way! In Bankruptcy the property or assets of a person who is unable to pay their debts are transferred to a person who is given charge of the property by the High Court (called an Official Assignee...
With the downturn in the economy we are hearing every day about the huge numbers of people who are struggling to meet unsustainable debt. Recent figures suggest that there are close on 100,000 mortgages which are deemed to be in "serious arrears", in other words, they...
Today the Insolvency Service of Ireland began accepting insolvency applications from Personal Insolvency Practitioners (PIPs). It was recently suggested that the banks had influenced the Insolvency Act and made an amendment to the effect that they could claw back any...
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