Poll: Should wedding jewellery count as an "asset"?
The Minister for Justice says wedding jewellery could be deemed an asset when people seek debt relief. What do you think?
View ArticleDepartment of Finance head: Debt should be written off for those who really...
John Moran tells the Irish Bankers’ Federation that merely not calling in debts won’t cut it – they need to be removed totally.
View ArticleTaoiseach: Banks know what government wants them to do
Enda Kenny said that the personal insolvency legislation coming in next year would help those in mortgage distress as yesterday’s comments from the Central Bank’s Fiona Muldoon dominated proceedings in...
View ArticleShatter welcomes AIB comments on mortgage write-offs
The Justice Minister has said that the personal insolvency bill will be enacted through both Oireachtas houses by 20 December and will become operative next year.
View ArticlePTSB hits back after Shatter's criticism of 'out of touch' MacSharry
The bank has defended its attitude to the new personal insolvency law after Alan Shatter said comments by its public interest director and former Tánaiste Ray MacSharry were “seriously out of touch”.
View ArticleNew insolvency regime may not help troubled mortgage holders - Troika
The Troika has raised concerns about the effectiveness of the new personal insolvency law that is aimed at helping the country’s many distressed mortgage holders.
View ArticlePersonal 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.
View ArticlePyrite homes, disabled accommodation to receive Property Tax exemption
The moves are outlined in a Bill published this afternoon which amends the Property Tax scheme before it begins in July.
View ArticleAIB commits to working out deals for mortgage holders in arrears
The bank said today it has built up a staff of 300 people dedicated to supporting customers in difficulty.
View ArticleNearly 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.
View ArticleFF publishes bill to remove bank veto from insolvency regime
Fianna Fáil’s legislation would also create an independent Mortgage Resolution Office with the power to make binding orders.
View ArticleJunior Minister admits banks have 'hoodwinked' the government
The Dáil debated a Fianna Fáil-proposed private members’ motion on the mortgage arrears crisis tonight but it was easily defeated by the government’s majority.
View ArticleLeaks could do 'untold damage' to insolvency services
Fianna Fáil has called on the government to publish the guidelines immediately.
View ArticleThe 9 at 9: Thursday
Good morning! Here are the nine things you need to know as you kick off your Thursday.
View ArticleNew insolvency guidelines protect banks at borrowers' expense - opposition
Fianna Fáil and Sinn Féin have both queried the amount of power left in the hands of the banks in the insolvency regime which was unveiled today.
View ArticlePoll: Do you think the Personal Insolvency spending guidelines are fair?
The spending guidelines set a limit of around €900 for a single person and roughly €1,400 a month for a family with children.
View ArticleHere is the week in news... skewed
Breaking via The Mire wire: making it easier for everyone to be insolvent; Alan Shatter’s beliebers; Quinnsolvency and waking up the Troika in the middle of the night…
View ArticleThese are the 6 judges who'll be dealing with personal insolvency applications
The government has appointed six country registrars to the new positions in the Circuit Court.
View ArticleOireachtas agenda: Home repossessions and passion in the Seanad
Remember David Norris’s impassioned speech on possible Seanad abolition last week? Guess what’s back on the cards today…
View ArticleVAT will be charged on personal insolvency deals, but creditors will pay it
Finance Minister Michael Noonan has pointed out that debtors availing of a personal insolvency arrangement will see the cost of their fees borne by those who they owe money to.
View ArticleOireachtas agenda: Motion for mortgage holders and CAP, oh CAP
Fianna Fáil want limits on how often – and how – financial institutions can contact indebted mortgage holders while CAP reform debate is sure to rile the agricultural community.
View ArticleTaoiseach denies putting homes at risk of being repossessed
The Taoiseach also faced questions about the role of public interest directors at Irish banks.
View ArticleColumn: How to navigate your personal insolvency
The Personal Insolvency Service is due to come into effect in the coming weeks, so what do you need to know about making an application? Stephen Curtis lets you know.
View ArticleColumn: 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.
View ArticleNick Leeson: In debt? Don't panic.
The former trader’s new book tries to help people tackles debt and find a path through the stress and complexities of dealing with financial institutions.
View ArticleThese four counties have no personal insolvency practitioners
Dublin has the highest number of PIPs, followed by Cork and Galway.
View ArticleTwo 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.
View ArticleHere’s What Happened Today: Monday
Today everyone’s been talking about the first personal insolvency case being completed, a bomb in Belfast city centre and hate mail directed at Irish Muslims.
View ArticleNew 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.
View Article85 per cent in debt deals are families with children
In the first 20 deals, one quarter voluntarily handed the keys to their property over to the bank.
View ArticleColumn: The pain of debt is not quick – it is a ceiling that lowers inch by...
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.
View ArticleNew 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.
View ArticleThousands asked for help from insolvency service in its first months
In the first three months of the ISI’s existence, it was inundated with calls and emails.
View ArticleWarnings that insolvency laws could contain "an extra layer of bank veto"
The Department of Justice briefed on the issue reports The Sunday Times.
View ArticleThe insolvency regime needs to be 'energised' because not enough people are...
A Fianna Fáíl bill to remove the bank veto in insolvency arrangements is being opposed by the coalition this evening.
View ArticleNew scheme will see 793 people walk away from bankruptcy today
A new scheme will also be offer free advice from personal insolvency practitioners.
View ArticleFactCheck: Is Fine Gael right to claim the credit for a fall in mortgages in...
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?
View Article'There is a solution for everybody': Debtors urged not to put their heads in...
Legal and financial experts say there are ways they can help – especially if people come to them at an early stage.
View ArticleCourt hopes to rule on Frank McNamara and Theresa Lowe's insolvency...
Financial fund Tanager DAC, which is owed €2.26m by the couple, is opposed to the couple being allowed to enter PIAs
View ArticleHigh Court approves debt write down of millions of euro for two Tipperary women
They will continue to make payments on the mortgages on their respective homes and they will each make lump sum payments of €100.
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