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#insolvency

Explainer: Why there's likely to be a lot of liquidations and corporate insolvencies in the near future
# Covid-19 And Business
From TheJournal.ie
# Covid-19 And Business

Explainer: Why there's likely to be a lot of liquidations and corporate insolvencies in the near future

Jul 5th 2020, 8:30 AM 40,280 Views 19 Comments

Insolvency experts are expecting to be deluged as a result of the pandemic.

Court approves arrangement to let Frank McNamara and Theresa Lowe write off €3m in debts
# Insolvency
From TheJournal.ie
# Insolvency

Court approves arrangement to let Frank McNamara and Theresa Lowe write off €3m in debts

Mar 2nd 2020, 12:27 PM 58,210 Views 0 Comments

The couple owes money to Tanager DAC, Bank of Ireland, Banco de Sabadell SA, and Revenue.

High Court writes off over €6 million in debt owed by retired garda and his wife
# Insolvency
From TheJournal.ie
# Insolvency

High Court writes off over €6 million in debt owed by retired garda and his wife

Sep 20th 2019, 8:10 PM 61,510 Views 41 Comments

A lump sum of over €40,000 from family members will go towards the funding of the arrangements.

'95% stay in their own homes': Number of insolvency cases has risen by 60%
# Debt
From TheJournal.ie
# Debt

'95% stay in their own homes': Number of insolvency cases has risen by 60%

Oct 30th 2018, 1:59 PM 11,313 Views 12 Comments

The Insolvency Service of Ireland has welcomed the rise in people seeking help.

'They're refusing to engage': Banks reject almost half of personal insolvency proposals
# Mortgage Distress
From TheJournal.ie
# Mortgage Distress

'They're refusing to engage': Banks reject almost half of personal insolvency proposals

Oct 25th 2017, 1:30 PM 14,485 Views 53 Comments

The head of the insolvency service said banks are challenging proposals “on as many fronts as possible”.

'Deal with your debt problems': The number of people seeking insolvency is on the rise
# Insolvency
From TheJournal.ie
# Insolvency

'Deal with your debt problems': The number of people seeking insolvency is on the rise

Aug 2nd 2017, 1:55 PM 15,141 Views 16 Comments

€588 million worth of insolvency applications were made between April and June this year.

Poll: Do you use Bus Éireann?
# Your Say
From TheJournal.ie
# Your Say

Poll: Do you use Bus Éireann?

Jan 10th 2017, 7:39 PM 25,781 Views 83 Comments

The company is facing insolvency.

FactCheck: Is Fine Gael right to claim the credit for a fall in mortgages in arrears?
# Factcheck
From TheJournal.ie
# Factcheck

FactCheck: Is Fine Gael right to claim the credit for a fall in mortgages in arrears?

Nov 23rd 2016, 7:59 PM 15,390 Views 40 Comments

Fine Gael has been on Twitter and Facebook, promoting a set of claims about its role in the fall of mortgages in arrears. Do they check out?

Here is how many Irish businesses went broke last year
# Out Of Business
From TheJournal.ie
# Out Of Business

Here is how many Irish businesses went broke last year

Jan 8th 2016, 11:29 AM 13,299 Views 9 Comments

The service sector was hit hardest by insolvencies.

It's 'not possible or appropriate' to adjourn all repossession cases
# Not Happening
From TheJournal.ie
# Not Happening

It's 'not possible or appropriate' to adjourn all repossession cases

May 19th 2015, 10:41 AM 7,058 Views 14 Comments

Thomas Byrne hoped the courts might halt all repossession cases in light of the government’s planned reforms.

It's costing banks €100,000 a go to reject insolvency applications...
# Fuzzy Logic
From TheJournal.ie
# Fuzzy Logic

It's costing banks €100,000 a go to reject insolvency applications...

Apr 14th 2015, 5:41 PM 10,930 Views 15 Comments

Are lenders cutting off their nose to spite their face?

Can't pay your mortgage? Your council should do it for you...
# Radical Thinking
From TheJournal.ie
# Radical Thinking

Can't pay your mortgage? Your council should do it for you...

Apr 8th 2015, 12:02 PM 20,162 Views 56 Comments

Whatever action the government takes on Ireland’s housing debt crisis will be the ‘biggest political decision since Irish Water’ according to a householders’ group.

The insolvency regime needs to be 'energised' because not enough people are using it
# Beam Me Up Scotty
From TheJournal.ie
# Beam Me Up Scotty

The insolvency regime needs to be 'energised' because not enough people are using it

Mar 3rd 2015, 7:32 PM 7,396 Views 11 Comments

A Fianna Fáíl bill to remove the bank veto in insolvency arrangements is being opposed by the coalition this evening.

Thinking of going bankrupt? It's a lot cheaper than it used to be...
# Insolvency
From TheJournal.ie
# Insolvency

Thinking of going bankrupt? It's a lot cheaper than it used to be...

Jan 14th 2015, 11:18 AM 9,815 Views 9 Comments

The cost is now less than a fifth what it was two years ago.

Irish people in debt are still looking to the UK to fix their money problems
# Bankruptcy
From TheJournal.ie
# Bankruptcy

Irish people in debt are still looking to the UK to fix their money problems

Jan 6th 2015, 6:30 AM 7,555 Views 25 Comments

Only 311 insolvency applications have been approved to date in Ireland.

Struggling with debt? You could be insolvent - but not realise it
# Finances
From TheJournal.ie
# Finances

Struggling with debt? You could be insolvent - but not realise it

Oct 7th 2014, 1:08 PM 9,264 Views 6 Comments

The Insolvency Services said that it has met many people who don’t realise they are insolvent.

Almost 1,000 new companies were formed in Ireland last month
# Mixed Fortunes
From TheJournal.ie
# Mixed Fortunes

Almost 1,000 new companies were formed in Ireland last month

Sep 1st 2014, 6:30 AM 7,062 Views 20 Comments

New figures for August out today contain some mixed news. Start-ups were up significantly – but there was also an increase in insolvencies last month.

Warnings that insolvency laws could contain "an extra layer of bank veto"
# Changes
From TheJournal.ie
# Changes

Warnings that insolvency laws could contain "an extra layer of bank veto"

Jul 20th 2014, 1:32 PM 7,375 Views 27 Comments

The Department of Justice briefed on the issue reports The Sunday Times.

Insolvency service seals threefold increase in debt arrangements
# Debt Problems
From TheJournal.ie
# Debt Problems

Insolvency service seals threefold increase in debt arrangements

Jul 14th 2014, 12:18 PM 4,577 Views 13 Comments

Although coming off a low base, the insolvency service is happy to see growth.

Paris Bakery workers end sit-in as Revenue comes to the rescue
# Workers Rights
From TheJournal.ie
# Workers Rights

Paris Bakery workers end sit-in as Revenue comes to the rescue

Jun 10th 2014, 6:36 PM 15,279 Views 40 Comments

The workers staged a sit-in at the premises for 19 days in total.

66 per cent of hotels and restaurants at risk of collapse
# Hospitality
From TheJournal.ie
# Hospitality

66 per cent of hotels and restaurants at risk of collapse

May 2nd 2014, 7:45 AM 13,519 Views 44 Comments

The construction industry and retail sector are not doing too great either, according to credit-risk analysts.

Insolvency chief blasts Bank of Ireland
# Bad Bank
From TheJournal.ie
# Bad Bank

Insolvency chief blasts Bank of Ireland

Apr 30th 2014, 12:11 PM 9,259 Views 17 Comments

The state-backed lender’s refusal to engage with personal insolvency legislation is in the crosshairs.

Jillian Godsil to run in European elections after scrapping of law barring bankruptees
# Election 2014
From TheJournal.ie
# Election 2014

Jillian Godsil to run in European elections after scrapping of law barring bankruptees

Apr 18th 2014, 3:07 PM 9,805 Views 26 Comments

At the end of February Jillian Godsil was declared bankrupt in Ireland.

Credit Unions withdraw from debt deal because 'it gives banks too much power'
# Debt Relief
From TheJournal.ie
# Debt Relief

Credit Unions withdraw from debt deal because 'it gives banks too much power'

Apr 4th 2014, 10:00 AM 11,536 Views 29 Comments

The plan “vests control in the banks”, a statement from two Credit Union agencies said.

Column: There are fewer bankruptcies than expected so far this year. Why?
# Debt Woes
From TheJournal.ie
# Debt Woes

Column: There are fewer bankruptcies than expected so far this year. Why?

Mar 12th 2014, 8:00 AM 32 Views 27 Comments

A stand-off between debtors and creditors has led to a slow down in formal insolvency arrangements, write Anthony Joyce and Karl Deeter.

Column: The pain of debt is not quick – it is a ceiling that lowers inch by crucifying inch
# Opinion
From TheJournal.ie
# Opinion

Column: The pain of debt is not quick – it is a ceiling that lowers inch by crucifying inch

Dec 1st 2013, 7:30 PM 101 Views 52 Comments

What is debt, and why do we all buy into this debt culture? Jillian Godsil discusses her own financial problems and the unsustainable status quo of modern Ireland.

Madeleine McCann, jewel thefts and mortgages: The week in numbers
# Prime Numbers
From TheJournal.ie
# Prime Numbers

Madeleine McCann, jewel thefts and mortgages: The week in numbers

Nov 30th 2013, 7:30 PM 17,366 Views 9 Comments

Plus: What percentage unemployment rate does Taoiseach Enda Kenny want to see in 2016?

Banks exceeding arrears targets, but some customers have "no clarity"
# Mortgage Arrears Crisis
From TheJournal.ie
# Mortgage Arrears Crisis

Banks exceeding arrears targets, but some customers have "no clarity"

Nov 29th 2013, 12:58 PM 4,388 Views 9 Comments

The Central Bank says that there is no “tangible evidence” that some customers’ circumstances are improving.

Family with €600k debt granted court protection under new insolvency arrangements
# Insolvency
From TheJournal.ie
# Insolvency

Family with €600k debt granted court protection under new insolvency arrangements

Nov 27th 2013, 8:26 AM 12,209 Views 119 Comments

The case is the first involving mortgage debt to appear before the courts under the new personal insolvency arrangements.

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

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

Nov 26th 2013, 7:10 AM 4,815 Views 6 Comments

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

Most of borrower’s debt written off in first deal under new insolvency regime
# Debt Deal
From TheJournal.ie
# Debt Deal

Most of borrower’s debt written off in first deal under new insolvency regime

Nov 25th 2013, 10:30 PM 26,229 Views 184 Comments

The first debt settlement arrangement has been agreed today.

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

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

Nov 21st 2013, 5:55 PM 7,624 Views 11 Comments

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.

Fewer Irish companies failing – report
# Economy
From TheJournal.ie
# Economy

Fewer Irish companies failing – report

Oct 28th 2013, 3:37 PM 5,161 Views 23 Comments

Analysts say that the falling number of insolvencies and increase in business creation is a positive sign for the economy.

Why won’t the ISI give a breakdown of applications processed, asks IMHO
# Insolvency
From TheJournal.ie
# Insolvency

Why won’t the ISI give a breakdown of applications processed, asks IMHO

Oct 14th 2013, 8:00 AM 3,497 Views 8 Comments

The Irish Mortgage Holders Organisation says emergency legislation is needed to ensure PIPs are affordable.

These four counties have no personal insolvency practitioners
# Insolvency
From TheJournal.ie
# Insolvency

These four counties have no personal insolvency practitioners

Oct 12th 2013, 7:00 AM 8,495 Views 41 Comments

Dublin has the highest number of PIPs, followed by Cork and Galway.

Gilmore: Nobody is going to be barred from the insolvency process
# Leaders' Questions
From TheJournal.ie
# Leaders' Questions

Gilmore: Nobody is going to be barred from the insolvency process

Sep 19th 2013, 11:21 AM 3,280 Views 20 Comments

The Tánaiste was speaking at his first Leaders’ Questions of the new Dáil term this morning.

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

PIP apologises for comments about ‘bigger houses’ for professionals

Sep 10th 2013, 8:52 PM 24,013 Views 142 Comments

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

140 calls to insolvency service in first day of business
# ISI
From TheJournal.ie
# ISI

140 calls to insolvency service in first day of business

Sep 10th 2013, 11:33 AM 3,500 Views 11 Comments

Plus, the Insolvency Service of Ireland’s website was visited 5,000 times.

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

Here’s What Happened Today: Monday

Sep 9th 2013, 11:20 PM 8,252 Views 2 Comments

Everyone’s talking about the first day of the new Insolvency Service, Phil Hogan’s latest response on Priory Hall and the Syrian President’s combative TV interview.

Explainer: What does the Insolvency Service of Ireland do?
# Insolvency
From TheJournal.ie
# Insolvency

Explainer: What does the Insolvency Service of Ireland do?

Sep 9th 2013, 1:29 PM 10,306 Views 17 Comments

The new service opens today, but what does it involve?

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