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#Personal Insolvency Bill

# personal-insolvency-bill - All time

New bankruptcy rules to be signed into law by Minister Shatter today
# Bankruptcy
# Bankruptcy

New bankruptcy rules to be signed into law by Minister Shatter today

Dec 3rd 2013, 10:48 AM 4,289 Views 15 Comments

The new procedures reduce the term of bankruptcy in Ireland from 12 years to three.

Department of Justice seeks volunteers for insolvency complaints panel
# Personal Insolvency Practitioners
# Personal Insolvency Practitioners

Department of Justice seeks volunteers for insolvency complaints panel

Sep 15th 2013, 7:45 AM 5,683 Views 6 Comments

The pay isn’t great, but there are travel expenses and the chance to oversee the work of Personal Insolvency Practitioners.

Insolvency service to take applications from 9 September
# Personal Insolvency Act
# Personal Insolvency Act

Insolvency service to take applications from 9 September

Aug 23rd 2013, 10:43 PM 9,859 Views 12 Comments

Insolvent debtors are being advised to attempt to work out an agreement with their creditors before contacting the service.

New law removes legal gap preventing house repossessions
# Home Debt
# Home Debt

New law removes legal gap preventing house repossessions

Jul 4th 2013, 9:25 PM 14,649 Views 140 Comments

Financial advice group New Beginnings says that new law was inevitable but new insolvency rules should protect debtors.

Column: The UK will continue to be a far friendlier place for those drowning in debt
# Opinion
# Opinion

Column: The UK will continue to be a far friendlier place for those drowning in debt

Jun 5th 2013, 7:00 AM 55 Views 9 Comments

The new Personal Insolvency Act may work for some but it’s deficient for a sizeable portion of distressed borrowers, writes Ronan Coburn.

Personal Insolvency service will be available to gardaí
# Personal Insolvency Bill
# Personal Insolvency Bill

Personal Insolvency service will be available to gardaí

May 7th 2013, 6:27 PM 12,012 Views 45 Comments

The Minister for Defence Alan Shatter said that there was nothing in the Garda Code, the Discipline Regulations or the Personal Insolvency Act 2012 which would prevent gardaí from availing of the service.

Column: The insolvency process should be a competent public system that ensures everyone has access
# Opinion
# Opinion

Column: The insolvency process should be a competent public system that ensures everyone has access

Apr 19th 2013, 1:00 PM 51 Views 23 Comments

The Personal Insolvency Practitioners (PIP) will not be given prescriptive rules around charges, meaning the person who is really in trouble and has no funds could be left on the insolvency scrap heap, writes David Hall, who says there are a number of issues that need to be changed immediately.

Struggling borrowers may have to move house, sell car and change creche to enter new insolvency process
# Insolvency
# Insolvency

Struggling borrowers may have to move house, sell car and change creche to enter new insolvency process

Apr 18th 2013, 3:10 PM 21,299 Views 230 Comments

The new guidelines do NOT, however, require one parent to give up work if their childcare costs more than they earn.

PIC: How much a single person can spend under the new insolvency rules
# Debt
# Debt

PIC: How much a single person can spend under the new insolvency rules

Apr 18th 2013, 2:41 PM 34,344 Views 171 Comments

The Insolvency Service of Ireland has published its guidelines for spending limits to qualify for the new procedures.

Shatter publishes bill with safeguards for repossessions
# Repossession
# Repossession

Shatter publishes bill with safeguards for repossessions

Mar 28th 2013, 8:15 PM 7,054 Views 26 Comments

The legislation will mean that a court can adjourn repossession proceedings in order to allow for the drawing up of a personal insolvency agreement.

Column: The cost of childcare is already forcing some parents to give up their jobs
# Opinion
# Opinion

Column: The cost of childcare is already forcing some parents to give up their jobs

Mar 28th 2013, 7:00 PM 77 Views 52 Comments

Enda Kenny’s attempt to reassure women over the insolvency controversy does not go far enough, writes Irene Gunning, who says without any form of subsidy, supports or tax relief, childcare costs are borne fully by parents, limiting job options.

Nearly twice as many Irish travelled to UK for bankruptcy proceedings in 2012
# Personal Insolvency
# Personal Insolvency

Nearly twice as many Irish travelled to UK for bankruptcy proceedings in 2012

Mar 19th 2013, 3:23 PM 5,628 Views 15 Comments

129 people travelled in 2012, compared to just 69 in 2011. Just 35 people were declared bankrupt in Ireland in 2012.

Poll: Do property repossessions need to happen for recovery to continue?
# Your Say
# Your Say

Poll: Do property repossessions need to happen for recovery to continue?

Feb 28th 2013, 9:48 AM 9,243 Views 167 Comments

As painful and as stressful as it will be for those involved, do large scale property repossessions need to take place for Ireland to recover?

New guide published on insolvency in Ireland
# Insolvency
# Insolvency

New guide published on insolvency in Ireland

Jan 15th 2013, 6:30 AM 6,105 Views 58 Comments

It goes through the various new options available through the new Personal Insolvency Bill to someone who is experiencing financial difficulties.

Insolvency service on the way as Dáil passes legislation
# Bankruptcy
# Bankruptcy

Insolvency service on the way as Dáil passes legislation

Dec 20th 2012, 7:32 AM 4,535 Views 24 Comments

The long-awaited Personal Insolvency Bill, which will allow some write-down of debts, will be signed into law next week.

Specialist judges to 'speedily' deal with insolvency applications
# Insolvency
# Insolvency

Specialist judges to 'speedily' deal with insolvency applications

Dec 16th 2012, 12:07 PM 4,652 Views 20 Comments

Minister Shatter said that this is due to the new work for the courts as a result of the Personal Insolvency Bill.

Department of Finance head: Debt should be written off for those who really can't pay
# Debt
# Debt

Department of Finance head: Debt should be written off for those who really can't pay

Oct 16th 2012, 1:00 PM 7,729 Views 98 Comments

John Moran tells the Irish Bankers’ Federation that merely not calling in debts won’t cut it – they need to be removed totally.

No opposition to Personal Insolvency Bill during Dáil debate
# Insolvency
# Insolvency

No opposition to Personal Insolvency Bill during Dáil debate

Jul 19th 2012, 11:20 AM 1,664 Views 4 Comments

The bill includes measures to help mortage holders out of debt, with one TD saying it “has the potential to help families sleep easier at night”.

Poll: Should debtors have to sell their personal jewellery to get relief?
# Your Say
# Your Say

Poll: Should debtors have to sell their personal jewellery to get relief?

Jul 6th 2012, 10:13 AM 7,831 Views 126 Comments

Alan Shatter has said debtors may have to sell off sentimental items such as engagement rings, if they are valuable. So what do you think?

Debtors should sell their personal jewellery to get relief, says Shatter
# Debt Relief
# Debt Relief

Debtors should sell their personal jewellery to get relief, says Shatter

Jul 6th 2012, 8:47 AM 7,888 Views 86 Comments

The Minister for Justice said jewellery including engagement rings should be sold off if people want debt relief.

Poll: Will the Personal Insolvency Bill help people struggling with debts?
# Your Say
# Your Say

Poll: Will the Personal Insolvency Bill help people struggling with debts?

Jun 30th 2012, 12:16 PM 4,799 Views 41 Comments

Proposed legislation to reform Ireland’s bankruptcy regime were unveiled this week. Do you think they’ll help?

Shatter publishes long-awaited plans to reform insolvency law
# Insolvency
# Insolvency

Shatter publishes long-awaited plans to reform insolvency law

Jun 29th 2012, 11:40 AM 4,171 Views 28 Comments

The new regime reforms our bankruptcy laws, and aims to help the likes of struggling mortgage holders out of debt.

Proposed legislation would allow judges to refuse home repossessions
# Homeowners
# Homeowners

Proposed legislation would allow judges to refuse home repossessions

Feb 3rd 2012, 8:16 AM 2,687 Views 35 Comments

Independent TD Stephen Donnelly says he expects his Family Home Protection Bill to be defeated in the Dáil but he hopes it can influence the personal insolvency legislation published by the government last week.

Government's new debt regime may allow mortgage debt to be written off
# Mortgages
# Mortgages

Government's new debt regime may allow mortgage debt to be written off

Jan 25th 2012, 12:13 PM 4,681 Views 23 Comments

The cabinet has approved a draft Bill allowing debts to be written off outside of court, while bankruptcy rules are also changed.