Tag: bankruptcy
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How to Go Bankrupt in Ireland- the Procedure and the 5 Forms Required
Your debts are massive. You will never pay them off. You’ve had enough. You have looked at all the options-the new insolvency legislation and debt settlement arrangements. You’ve decided bankruptcy is for you. It’s your only realistic option. But how do you actually go bankrupt? What forms do you fill out? Where do you send…
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Going Bankrupt in Ireland-What You Need to Know in Plain English
If you are thinking about going bankrupt in Ireland, this piece will give you the essential information you will need. Elsewhere on this site you can find more information about bankruptcy law in Ireland. But this piece aims to give you the meat and potatoes of what’s involved in you choosing to go…
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The New Personal Insolvency Arrangements and Other Debt Options-What You Need to Know
The Personal Insolvency Act, 2012 has been hailed as a solution to the debt problems faced by many individuals and families in Ireland. Is it? That remains to be seen. But we will have a better idea when the Insolvency Service of Ireland is up and running and the first applications for Debt Relief Notices…
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Bankruptcy in Ireland-The Facts You Should Know
Bankruptcy is a commercial reality facing many people in Ireland today. And the number of bankruptcies is increasing dramatically. Because going bankrupt has the wonderful advantages of simplicity and finality-your debts are wiped and set at 0 and you get to start again, once you have been discharged. What is bankruptcy? Bankruptcy is a process…