The Justice Minister has said that the personal insolvency bill will be enacted through both Oireachtas houses by 20 December and will become operative next year.
The failings of Government to take simple steps to help mortgage holders has caused further damage – and the Insolvency Bill is by no means our saviour, writes David Hall.
Aggressive banks are making mortgage resolution impossible, writes David Hall of New Beginning – and suggests a way to restore trust between lenders and borrowers.
The Keane Report, independent TD Stephen Donnelly notes, cites “inappropriate mortgage-holder behaviour”. It does not mention “inappropriate banker behaviour”.
People behind on mortgage payments face humiliating personal interrogation from their bankers. We need a new independent solution, writes David Hall of New Beginning.
Governor Patrick Honohan told Oireachtas committee that Central Bank checking that institutions are following its code in tackling mortgage arrears: “They are behind the curve”.
The campaign to have debt forgiveness introduced for those unable to meet their home loan payments is gathering voice. Do you think there should be such a scheme?
Chorus of calls for Government to organise a mortgage debt relief scheme for worst-off householders builds to crescendo – and now a government junior minister is backing it…
Nine things you really need to know by 9am: plans for a property tax outlined; leading economists plead for debt forgiveness and Amazon pulls Paedophile’s Guide in wake of protests.
AT A HIGH-profile US Senate meeting, technology giant Apple was accused of using Ireland as a ‘tax haven’.
The multinational firm, which employs 4,000 people in Ireland, reportedly avoided paying €34 billion in US taxes by negotiating a tax rate of less than 2 per cent with the Irish government – significantly lower than that nation’s 12.5 per cent statutory rate.
The Senate heard that American children are losing out on education because Apple is transferring profits to Irish subsidiaries.
However, the Taoiseach Enda Kenny has denied that Ireland is a tax haven and rejected claims that authorities had negotiated deals with multi-national companies.
So, today we want to know, what do you think? Should Ireland be tougher on multi-national companies when it comes to tax?
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