Tuesday, 20th February 2018

Bill will alleviate pressure of indebtedness – Irish Examiner – 30th June, 2012

The new Personal Insolvency Bill offers mortgage holders and others struggling with debt recourse to remedies to manage those loans in a more humane and sustainable way, writes, Frank Conway.

IT was the middle of Dec 2010 when the Law Reform Commission presented its recommendations for reform of the legal system in relation to how our society manages and deals with the problem of indebtedness.

The LRC had long advocated for the reform. Yesterday, the Government finally presented the Personal Insolvency Bill 2012. It is a welcome break from the past. It provides for a range of options that will become available to citizens when the bill finally becomes law. Read full article 

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Personal Insolvency Bill published – Irish Times – 29th June, 2012

Minister for Justice Alan Shatter today published the long-awaited Personal Insolvency Bill aimed at reforming insolvency laws, some of which have been in place for over a century.

The Personal Insolvency Bill 2012, approved at last Tuesday’s Cabinet meeting, provides new and more flexible options to address the circumstances of insolvent debtors.

Mr Shatter said it was in line with the commitments in the Programme for Government and the EU-IMF Programme of Financial Support for Ireland.  Read full article

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Personal Insolvency Bill ‘on the way’ – Irish Times – 18th June, 2012

The Personal Insolvency Bill, which at the moment runs to 200 pages, will be published by the end of the month, the Minister for Justice said today.

Alan Shatter was speaking at the publication of the Free Legal Advice Centre (Flac) annual report, which revealed an increase in the number of people seeking legal assistance from the legal rights organisation, particularly relating to personal debt.

Mr Shatter also said he hoped the Legal Services Regulation Bill would be enacted by the end of the year and acknowledged Flac’s submission on it.

The Minister said Flac had made a significant input into the Personal Insolvency Bill, including a very detailed submission. He also said its conference – Legislating for Personal Insolvency in Ireland, last April – which had been attended by one of his officials dealing with the Bill, had provided very valuable insights.  Read full article

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Personal Insolvency Bill ‘on the way’ – Irish Times – June 18th 2012

The Personal Insolvency Bill, which at the moment runs to 200 pages, will be published by the end of the month, the Minister for Justice said today.

Alan Shatter was speaking at the publication of the Free Legal Advice Centre (Flac) annual report, which revealed an increase in the number of people seeking legal assistance from the legal rights organisation, particularly relating to personal debt. Read full article.

Continue reading

Bill will alleviate pressure of indebtedness – Irish Examiner – June 30th 2012

The new Personal Insolvency Bill offers mortgage holders and others struggling with debt recourse to remedies to manage those loans in a more humane and sustainable way, writes, Frank Conway. Read full article.

Continue reading