Category: Debt Problems | Bankruptcy
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Enforcing US Court Judgments in Ireland-The Common Law Principles
As there is no agreement in place between the United States and Ireland for the automatic recognition and enforcement of Judgments obtained from a court in the US in Ireland, it will be necessary to rely on common law rules. This can pose major difficulties for holders of judgments against debtors from outside Ireland. In…
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New Personal Insolvency Law in Ireland-The Essentials
The heads of the new Personal Insolvency Bill were published this week and provide major changes in how personal and other debt can be dealt with in the future in Ireland. The antiquated Bankruptcy laws in Ireland will be significantly overhauled when the Personal Insolvency legislation becomes law later in the year. It is intended…
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10 Methods of Enforcing a Judgment in Ireland
Getting a judgment against a debtor is one thing-enforcing it is quite another. Once you have obtained your judgment against a debtor there are a number of avenues open to you to attempt to enforce that judgment including Judgment mortgage Execution orders Attachment and committal Garnishee order (attachment of debts) Appointment of a receiver Charging…
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The European Order for Payment Regulation Procedure
The European Order for Payment Regulation is an attempt to put in place an EU wide procedure for inter EU state debts. The whole purpose of the regulation was to put in place a uniform procedure across member states for the collection of uncontested debts. It is an additional procedure to existing home state procedures…
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Enforcing UK Debt in Ireland-Debt Collection in Ireland for UK Creditors
If you have secured a judgment in the UK in respect of a debt but find that your debtor is now living in Ireland, how do you enforce your debt? Article 33 of the Brussels I regulation stipulates that any judgment obtained in a member state will be recognised in other member states without…