# insolvency

This year

2023

Cabinet to discuss strengthening redundancy laws

A wave of redundancies have been taking place in the tech sector since Twitter and Meta announced job losses last autumn.

8.1k

May 4th 2023, 7:50 AM

# insolvency

SIAC Construction: Appeals for builder to clarify future of 100 jobs as it enters High Court

The High Court heard today that there is insufficient cash to pay roughly 100 workers at two of SIAC Construction’s companies.

22.7k

May 3rd 2023, 7:22 PM

# insolvency

High Court approves €4.4m debt write-off for ex-Fianna Fáil councillor

Former Waterford councillor Thomas ‘Eddie’ Mulligan will will contribute a sum of just over €9,000 to his creditors and in fees.

30.9k

Mar 27th 2023, 4:30 PM

All time

# covid-19 and business

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

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

40.6k

Jul 5th 2020, 8:30 AM

# insolvency

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

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

61.2k

Mar 2nd 2020, 12:27 PM

# insolvency

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

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

61.9k

Sep 20th 2019, 8:10 PM

# Debt

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

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

11.4k

Oct 30th 2018, 1:59 PM

# Mortgage distress

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

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

14.5k

Oct 25th 2017, 1:30 PM

# insolvency

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

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

15.2k

Aug 2nd 2017, 1:55 PM

# Your Say

Poll: Do you use Bus Éireann?

The company is facing insolvency.

25.8k

Jan 10th 2017, 7:39 PM

# factcheck

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

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?

15.5k

Nov 23rd 2016, 7:59 PM

# Out of Business

Here is how many Irish businesses went broke last year

The service sector was hit hardest by insolvencies.

13.3k

Jan 8th 2016, 11:29 AM

# Not happening

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

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

7.1k

May 19th 2015, 10:41 AM

# fuzzy logic

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

Are lenders cutting off their nose to spite their face?

11.0k

Apr 14th 2015, 5:41 PM

# radical thinking

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

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.

20.3k

Apr 8th 2015, 12:02 PM

# beam me up scotty

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

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

7.4k

Mar 3rd 2015, 7:32 PM

# insolvency

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

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

9.9k

Jan 14th 2015, 11:18 AM

# Bankruptcy

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

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

7.6k

Jan 6th 2015, 6:30 AM

# Finances

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

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

9.3k

Oct 7th 2014, 1:08 PM

# Mixed Fortunes

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

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.

7.1k

Sep 1st 2014, 6:30 AM

# Changes

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

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

7.4k

Jul 20th 2014, 1:32 PM

# Debt Problems

Insolvency service seals threefold increase in debt arrangements

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

4.6k

Jul 14th 2014, 12:18 PM

# workers rights

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

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

15.3k

Jun 10th 2014, 6:36 PM

# Hospitality

66 per cent of hotels and restaurants at risk of collapse

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

13.6k

May 2nd 2014, 7:45 AM

# Bad Bank

Insolvency chief blasts Bank of Ireland

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

9.3k

Apr 30th 2014, 12:11 PM

# Election 2014

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

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

9.9k

Apr 18th 2014, 3:07 PM

# Debt Relief

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

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

11.6k

Apr 4th 2014, 10:00 AM

Voices

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

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

Mar 12th 2014, 8:00 AM

Voices

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

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.

142

Dec 1st 2013, 7:30 PM

# Prime Numbers

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

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

17.4k

Nov 30th 2013, 7:30 PM

# Mortgage Arrears Crisis

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

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

4.4k

Nov 29th 2013, 12:58 PM

# insolvency

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

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

12.2k

119

Nov 27th 2013, 8:26 AM

# 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.

4.9k

Nov 26th 2013, 7:10 AM

# Debt deal

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

The first debt settlement arrangement has been agreed today.

26.3k

184

Nov 25th 2013, 10:30 PM

# 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.

7.7k

Nov 21st 2013, 5:55 PM