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Dublin: 13 °C Saturday 25 May, 2019

#Debts

From TheJournal.ie Filmbase to go into liquidation after 32 years Debts

Filmbase to go into liquidation after 32 years

The organisation is going into voluntary liquidation due to debts that have accumulated to the point where it is ‘unrealistic’ to continue operations.

From TheJournal.ie Twink told a newspaper her debt-ridden home was for sale, but barristers couldn't find it listed Arrears

Twink told a newspaper her debt-ridden home was for sale, but barristers couldn't find it listed

The bank claims it it is owed about €250,000.

From TheJournal.ie "It's the wrong decision" - former CEO laments council decision to lend film festival €200,000 Cork

"It's the wrong decision" - former CEO laments council decision to lend film festival €200,000

Cork Film Festival has been in financial trouble for a number of years.

From TheJournal.ie 'I worked for 50 years and now I am a beggar for €120': What the debt crisis is doing to Greeks Greek Tragedy

'I worked for 50 years and now I am a beggar for €120': What the debt crisis is doing to Greeks

The future is uncertain, but it’s the people of Greece who are feeling the effects.

From TheJournal.ie Families turning to moneylenders charging up to 200% interest ahead of Christmas Debt

Families turning to moneylenders charging up to 200% interest ahead of Christmas

The majority of loans taken out this time last year were to cover debts consumers already had.

From TheJournal.ie NAMA to invest a minimum of €2 billion in Irish property market Property

NAMA to invest a minimum of €2 billion in Irish property market

Chairman Frank Daly said that €13 billion had been generated in revenue from rents and from disposals of assets and properties since NAMA’s establishment

From TheJournal.ie Junior minister John Perry reaches deal with bank over €2.4 million debt Settlement

Junior minister John Perry reaches deal with bank over €2.4 million debt

Minister for Small Business John Perry and his wife had a judgment of €2.47 million entered against them in the Commercial Court in July.

From TheJournal.ie Insolvency service to take applications from 9 September Personal Insolvency Act

Insolvency service to take applications from 9 September

Insolvent debtors are being advised to attempt to work out an agreement with their creditors before contacting the service.

From TheJournal.ie Charity funds remain unpaid as Event Elephant petition for examinership Unpaid

Charity funds remain unpaid as Event Elephant petition for examinership

Several charity organisations claims that Event Elephant owes them money as interim examiner is appointed.

From TheJournal.ie Former Anglo boss Seán Fitzpatrick to stand trial in October 2014 Court Date
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 Revenue assures that mortgage write-offs won't be subject to tax Mortgages

Revenue assures that mortgage write-offs won't be subject to tax

The Revenue Commissioners says it considers a mortgage write-down to be a commercial act and not a ‘gift’ for tax purposes.

From TheJournal.ie Mortgage write-offs 'could be subject to 33pc tax' Mortgage Crisis

Mortgage write-offs 'could be subject to 33pc tax'

An accountants’ body says it believes any debts written off a person’s mortgage could be subject to Capital Gains Tax.

From The42 Liverpool's debts increase by ₤21.8million LFC

Liverpool's debts increase by ₤21.8million

The club say that turnover increased during the equivalent 12-month period due to a rise in the amount of domestic fixtures played.

From TheJournal.ie Rehn: Budget 2014 should not be eased after promissory note savings Promissory Note

Rehn: Budget 2014 should not be eased after promissory note savings

The European Commissioner says the €1 billion savings should be used to eliminate Ireland’s deficit as soon as possible.

From TheJournal.ie Column: We need an Oireachtas banking inquiry- now Opinion

Column: We need an Oireachtas banking inquiry- now

We need that Oireachtas inquiry now to learn lessons from the banking crisis – so we never again experience such a crash, writes Green Party leader Eamon Ryan.

From TheJournal.ie In pictures: today's ICTU protest marches across the country ICTU This post contains images

In pictures: today's ICTU protest marches across the country

Large numbers turned out in cities and towns across the country, with a crowd of 25,000 people confirmed in Dublin alone.

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 Explainer: What are the rules that govern legal moneylenders? Explainer

Explainer: What are the rules that govern legal moneylenders?

With Halloween now behind us, Christmas has become the focus of many. While the holiday can bring joy to many, it can be a time of huge financial pressure for others.

From TheJournal.ie Berlin (allegedly) owes trillions of euro to this small German town Mein Gott!

Berlin (allegedly) owes trillions of euro to this small German town

Mittenwalde – population 8,758 – lend 400 guilder to Berlin in 1562, at 6 per cent interest. Now it wants it back.

From TheJournal.ie The 9 at 9: Friday 9 At 9 This post contains videos

The 9 at 9: Friday

Nine things to know this morning…

From TheJournal.ie Poll: Will the Personal Insolvency Bill help people struggling with debts? Your Say This post contains a poll

Poll: Will the Personal Insolvency Bill help people struggling with debts?

Proposed legislation to reform Ireland’s bankruptcy regime were unveiled this week. Do you think they’ll help?

From TheJournal.ie Westlife's Shane Filan declared bankrupt in the UK Bankrupt

Westlife's Shane Filan declared bankrupt in the UK

The 32-year-old singer suffered huge losses after buying property in Ireland at the height of the boom.

From TheJournal.ie Column: The Irish default debate will be long – but we have to start it now Opinion

Column: The Irish default debate will be long – but we have to start it now

Economist Constantin Gurdgiev describes his work on a new book asking the question: What would happen if Ireland walked away from its debts?

From TheJournal.ie Stop payments now, Central Bank advises YourMoney.ie customers YourMoney.ie

Stop payments now, Central Bank advises YourMoney.ie customers

The bank said it has “reasons to be concerned” about the handling of money by the debt management firm.

From TheJournal.ie Senator: Bank workers should be taught suicide awareness Debts

Senator: Bank workers should be taught suicide awareness

Labour Senator Lorraine Higgins has said that banks have “moral and legal responsibilities to customers”, who may be under “untold pressure” to repay debts.

From TheJournal.ie NAMA to hire private detectives to hunt down hidden riches BaNAMA Republic

NAMA to hire private detectives to hunt down hidden riches

The agency has advertised looking for staff to help “verify the accuracy” of financial statements submitted by its debtors.

From The42 Football's figures don't add up Debts

Football's figures don't add up

A new report from Jose Maria Gay de Liebana, a football finance specialist based with the University of Barcelona, has outlined the scale of European football’s financial crisis.

From TheJournal.ie Superquinn chief resigns with parting shot at receivers Superquinn

Superquinn chief resigns with parting shot at receivers

Andrew Street is worried about the effect on suppliers from the supermarket’s recent troubles.

From TheJournal.ie Gold prices continue surge as investors dump debt Precious Metals

Gold prices continue surge as investors dump debt

Precious metals always do well when all else seems risky – and it’s more than double its price of five years ago.

From TheJournal.ie Call to revoke David Drumm's US visa David Drumm

Call to revoke David Drumm's US visa

Tanaiste Eamon Gilmore to hear appeal that the government ask US authorities for help in bringing former CEO of Anglo Irish Bank back to Ireland for questioning.

From TheJournal.ie Jim Mansfield's executive airport, apartments and golf club swallowed by NAMA NAMA

Jim Mansfield's executive airport, apartments and golf club swallowed by NAMA

Agency appoints statutory receiver after former billionaire fails to agree how to pay down his debts.

From TheJournal.ie Quinn breaks his silence: the statement in full Quinn

Quinn breaks his silence: the statement in full

The full text of Seán Quinn’s statement on his financial downfall, and on the future of the Quinn Group.

From TheJournal.ie Anglo Irish ousts Sean Quinn from group he founded Quinn Group

Anglo Irish ousts Sean Quinn from group he founded

Thousands of employees hear assurances that their jobs are safe – but the Quinn family will no longer have a role in the business.