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 … Read more
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 … Read more
In the EU there are 2 ways to seek to have a judgment enforced in a different EU jurisdiction: 1) the European Enforcement Order (EEO) procedure or 2) obtain a declaration of enforceability in the Member State where enforcement is sought. The EEO allows the creditor to avoid the need to obtain a declaration of … Read more
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 … Read more
The Code of Conduct on Mortgage Arrears 2010 is a critically important document for anyone in arrears with the mortgage on their primary residence. The primary residence, incidentally, does not have to be occupied if it is the only residential property owned by the borrower in the State. A March, 2012 High Court decision in … Read more