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Dublin: 4 °C Monday 16 December, 2019

#Bankruptcy

From TheJournal.ie 3,000 bankruptcy applications expected in 2014 Bankruptcy

3,000 bankruptcy applications expected in 2014

This compares to just 58 people declared bankrupt last year, with new legislation which came into effect last month expected to cause a ‘significant increase’.

From TheJournal.ie Here’s What Happened Today: Wednesday News Fix

Here’s What Happened Today: Wednesday

Everybody’s talking about the bad weather, bankers charged with €7.2 billion fraud, and Ian Watkins sentenced to 35 years in prison.

From TheJournal.ie Column: We need new ways to acknowledge grief in our rapidly changing society Opinion

Column: We need new ways to acknowledge grief in our rapidly changing society

The experience of the darker range of emotions is healthy and natural. But what happens when traditional grieving practises fade away, when your community experiences mass emigration, or your friendships move online?

From TheJournal.ie New bankruptcy rules to be signed into law by Minister Shatter today Bankruptcy

New bankruptcy rules to be signed into law by Minister Shatter today

The new procedures reduce the term of bankruptcy in Ireland from 12 years to three.

From TheJournal.ie New bankruptcy law 'imminent' following country's first debt settlement deal Bankrupt

New bankruptcy law 'imminent' following country's first debt settlement deal

Under the new laws the period of bankruptcy will be reduced from 12 to three years.

From TheJournal.ie Two more insolvency cases heard under new regime as 7,500 contact ISI Personal Insolvency

Two more insolvency cases heard under new regime as 7,500 contact ISI

According to the statistics section of the ISI’s website, there were almost 7,500 contacts made to to the ISI either by email or telephone up to the end of October.

From TheJournal.ie Property tycoon Bernard McNamara to be discharged from bankruptcy today Bankruptcy

Property tycoon Bernard McNamara to be discharged from bankruptcy today

The property developer was involved in the purchase of the Irish Glass Bottle site and The Burlington Hotel in Dublin.

From TheJournal.ie Cyprus gets €1.5bn from EU's emergency fund Loan

Cyprus gets €1.5bn from EU's emergency fund

The crisis-hit nation has now received half of the package it was pencilled to get from the ESM.

From TheJournal.ie PIP apologises for comments about ‘bigger houses’ for professionals Insolvency

PIP apologises for comments about ‘bigger houses’ for professionals

Jim Stafford issued a statement saying that he did not intend to ‘create a distinction between so called professional classes and PAYE workers’.

From TheJournal.ie Government has made no attempt to stop "bankruptcy tourism" Bankruptcy Tourism

Government has made no attempt to stop "bankruptcy tourism"

The Justice minister says that people are “entitled” to seek more favourable bankruptcy deals in the UK.

From TheJournal.ie Here’s What Happened Today: Monday News Fix

Here’s What Happened Today: Monday

Everyone’s talking about Pat Kenny versus Sean O’Rourke and the funeral of Nobel laureate Seamus Heaney.

From TheJournal.ie The 5 at 5: Monday Take Five

The 5 at 5: Monday

5 minutes, 5 stories, 5 o’clock…

From TheJournal.ie "Arrogant, Inhuman, Bastards" - Ivan Yates takes aim at banks over his bankruptcy Bankruptcy

"Arrogant, Inhuman, Bastards" - Ivan Yates takes aim at banks over his bankruptcy

The former Fine Gael minister defended his bankruptcy in the UK, saying that it made him feel so down he wished he was dead.

From TheJournal.ie Ivan Yates returning to Newstalk Radio

Ivan Yates returning to Newstalk

The 53-year-old will return to the station’s breakfast show on Wednesday morning.

From TheJournal.ie Here’s What Happened Today: Tuesday News Fix

Here’s What Happened Today: Tuesday

Everyone’s talking about the government asking Facebook for users’ information and intervention in Syria.

From TheJournal.ie Column: There's no shame in bankruptcy – it is now a viable and positive option Opinion

Column: There's no shame in bankruptcy – it is now a viable and positive option

This autumn will see a new personal insolvency system coming into effect that will put mortgage holders in arrears in a far stronger bargaining position with the banks, writes Ross Maguire SC.

From TheJournal.ie Owner of derailed train firm that killed 47 in Quebec files for bankruptcy Canada

Owner of derailed train firm that killed 47 in Quebec files for bankruptcy

The company says the “obligations of both companies now exceed the value of their assets”.

From TheJournal.ie The US city of Detroit has filed for bankruptcy US

The US city of Detroit has filed for bankruptcy

Detroit stopped making payments on some of its $18.5 billion of debt and obligations last month.

From TheJournal.ie NAMA tries to stop Seán Dunne's US plans Baron Of Ballsbridge

NAMA tries to stop Seán Dunne's US plans

Another twist in the tale…

From TheJournal.ie Seán Dunne bankruptcy case adjourned for three weeks Broke In The USA

Seán Dunne bankruptcy case adjourned for three weeks

Ulster Bank is awaiting the outcome of an appeal on a US court ruling before it can serve the property developer in Ireland.

From TheJournal.ie 'Becoming complacent is my only worry' - David Drumm's 2005 take on Anglo Experience The Difference

'Becoming complacent is my only worry' - David Drumm's 2005 take on Anglo

Three years before the bank guarantee, the then-CEO was talking up Anglo’s hiring policy and describing the outlook for Ireland as ‘very positive indeed’.

From TheJournal.ie The 9 at 9: Wednesday 9 At 9

The 9 at 9: Wednesday

Good morning! Here are nine things you want to know this morning…

From TheJournal.ie How Sean Dunne could be declared bankrupt in Ireland... and in the US Bankruptcy

How Sean Dunne could be declared bankrupt in Ireland... and in the US

A court ruling in the US is a blow to the former property developer who owes millions to Ulster Bank.

From TheJournal.ie Over 130 people with Irish addresses filed for bankruptcy in UK during crisis Bankruptcy

Over 130 people with Irish addresses filed for bankruptcy in UK during crisis

Figures also show that 35 people moved to England or Wales last year solely for the purpose of seeking bankruptcy.

From TheJournal.ie The 9 at 9: Monday 9 At 9

The 9 at 9: Monday

Good morning! Here are the nine things to know before you start your day.

From TheJournal.ie Abuse victims to receive $16.5m as Christian Brothers declare US bankruptcy Clerical Abuse

Abuse victims to receive $16.5m as Christian Brothers declare US bankruptcy

Two corporations behind the ‘Irish’ Christian Brothers will enter ‘Chapter 11′ bankruptcy, which allows them to reorganise.

From TheJournal.ie Column: The insolvency process should be a competent public system that ensures everyone has access Opinion

Column: The insolvency process should be a competent public system that ensures everyone has access

The Personal Insolvency Practitioners (PIP) will not be given prescriptive rules around charges, meaning the person who is really in trouble and has no funds could be left on the insolvency scrap heap, writes David Hall, who says there are a number of issues that need to be changed immediately.

From TheJournal.ie Sean Dunne declares bankruptcy in US Sean Dunne

Sean Dunne declares bankruptcy in US

The former property devleoper filed for bankruptcy at a Connecticut court on Friday, citing assets of between $1 – 10 million and debts in the region of $500 million – $1 billion.

From TheJournal.ie Nearly twice as many Irish travelled to UK for bankruptcy proceedings in 2012 Personal Insolvency

Nearly twice as many Irish travelled to UK for bankruptcy proceedings in 2012

129 people travelled in 2012, compared to just 69 in 2011. Just 35 people were declared bankrupt in Ireland in 2012.

From TheJournal.ie The 9 at 9: Tuesday The 9 At 9

The 9 at 9: Tuesday

Good morning. Here are the nine stories you need to know as you start your day.

From TheJournal.ie This is what movies would look like without visual effects Special Effects This post contains images

This is what movies would look like without visual effects

Not so glamourous now, eh?

From TheJournal.ie Personal insolvency agency to open 'early in the summer' - Taoiseach Leaders' Questions

Personal insolvency agency to open 'early in the summer' - Taoiseach

Enda Kenny told the Dáil that he was not happy with the banks’ level of resolution of cases where customers are in mortgage arrears.

From TheJournal.ie Video game maker Atari files for bankruptcy Game Over

Video game maker Atari files for bankruptcy

Atari, which turned 40 last year, was a video game pioneer with games like “Pong” and “Centipede,” but has changed ownership several times amid financial problems.

From TheJournal.ie Insolvency service on the way as Dáil passes legislation Bankruptcy

Insolvency service on the way as Dáil passes legislation

The long-awaited Personal Insolvency Bill, which will allow some write-down of debts, will be signed into law next week.

From TheJournal.ie Eurozone finance ministers meet (yet again) to try to fix Greece Debt Mountain

Eurozone finance ministers meet (yet again) to try to fix Greece

This will be the third time in two weeks that finance ministers from across the EU will meet to deal with the the threat of bankruptcy for Greece.

From TheJournal.ie GALLERY: A tour around David Drumm’s soon-to-be-auctioned Malahide mansion Property Porn This post contains videos This post contains images

GALLERY: A tour around David Drumm’s soon-to-be-auctioned Malahide mansion

20 Abington has been on the market for some time – but has now been the subject of rival bids from two couples.

From TheJournal.ie Shatter rules out exempting jewellery from new insolvency law Bazooka

Shatter rules out exempting jewellery from new insolvency law

The justice minister told the Oireachtas justice committee that “diamond bazooka” engagement rings could not be excluded.

From TheJournal.ie The 9 at 9: Sunday 9 At 9

The 9 at 9: Sunday

The nine stories you need to know as you start your day.

From TheJournal.ie Greece 'committed' to reforms to avert bankruptcy Euro

Greece 'committed' to reforms to avert bankruptcy

The country’s Finance Minister warned the next few weeks are crucial for the country’s future in the euro.

From TheJournal.ie Californian town files for bankruptcy Bankruptville

Californian town files for bankruptcy

Mammoth Lakes doesn’t have the funds to pay $2.7m in obligations, especially after losing a property development fight.