The Civil Debt (Procedures) Bill 2015 is due to be introduced as legislation by the end of the current Dáil term. You will no doubt have read about this in the context of water charges and the collection of these charges. However, it is not confined to water charges. The […]
Tag: debt
Bankruptcy—The Ultimate Solution to Debt Problems
In recent times there has been much publicity and discussion around bankruptcy and the suggestion that an individual should be discharged from bankruptcy after one year. By virtue of the Bankruptcy Act of 1988 and the Personal Insolvency Act 2012, many changes have been made to the law on bankruptcy. […]
2015—Time to get back on track
In previous articles we have dealt with the whole question of debt and insolvency in our society. You will be aware from the general media of the existence of the Insolvency Service of Ireland (ISI) but this does not necessarily mean that the people who should be availing of this […]
“Back on track” information campaign for people in debt
Since the introduction of the Personal Insolvency Act, 2012 the Insolvency Service of Ireland (ISI) has expressed disappointment at the number of people availing of the arrangements under the legislation to get themselves out of insolvent situations. With this in mind, the Insolvency Service of Ireland has recently met with […]
Exploding myths around the Personal Insolvency Act 2012
There has been an avalanche of publicity around the Personal Insolvency Act 2012 and the opportunity it affords insolvent individuals to get back to a solvent state through the use of the various arrangements contained in it. The mission behind the legislation is to restore people who are insolvent to […]
Debt Resolution; About to become a Reality?
In a previous article one of my colleagues discussed the options proposed under the recently published Personal Insolvency Legislation. This was the proposal for the Debt Relief Certificate for unsecured debt under €20,000. There are two other relevant options for both secured and unsecured debt in this proposed legislation. The […]
Debt Relief Certificate – is it for you?
The short answer to the question posed in the title is it would be very difficult for a person to get debt relief unless they can comply with extremely strict criteria that are set out in the new Personal Insolvency Bill. The reason for the strict criteria is that the […]
