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. There is no doubt that […]
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 service and all that it […]
The role of the Personal Insolvency Practitioner
The role of the Personal Insolvency Practitioner is central to the practice and procedure under the Personal Insolvency Act, 2012. It is provided in Chapter 2 of the legislation that a debtor who wishes to become a party to a Debt Settlement Arrangement (DSA) or a Personal Insolvency Arrangement (PIA), must submit to a Personal […]