Personal Insolvency Bill

New Personal Insolvency  legislation for Ireland was originally  promised by the government before the end of April 2012. It is something that the IMF and EU demanded as part of the bailout agreement. It is finally being implemented in the summer of 2013. Debt forgiveness has been  discussed many times over recent years – and […]
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Easing of Bankruptcy Law in Ireland

The Bankruptcy rules have been relaxed in Ireland – and the period of applying for discharge from bankruptcy has been reduced  from 12 to five years.  Also – there is now  automatic discharge of bankruptcy after 12 years. The revised rules are contained in the Civil Law (Miscellaneous Provisions) Act 2011, which came into force […]
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