Readers like you keep news free for everyone.
More than 5,000 readers have already pitched in to keep free access to The Journal.
For the price of one cup of coffee each week you can help keep paywalls away.
Readers like you keep news free for everyone.
More than 5,000 readers have already pitched in to keep free access to The Journal.
For the price of one cup of coffee each week you can help keep paywalls away.
Bankruptcy is a recognition and embrace of failure. If properly understood people can emerge from it stronger than before, writes Ross Maguire SC.
Reports yesterday suggested that up to 4,500 people have been in contact with the body already.
Insolvent debtors are being advised to attempt to work out an agreement with their creditors before contacting the service.
Fianna Fáil says the public register of people in insolvency procedures could shame people away from participating.
The Minister for Defence Alan Shatter said that there was nothing in the Garda Code, the Discipline Regulations or the Personal Insolvency Act 2012 which would prevent gardaí from availing of the service.
The Vincentian Partnership for Social Justice said that the figures were “an adapted version of the Minimum Essential Budget Standards data”.
The new guidelines do NOT, however, require one parent to give up work if their childcare costs more than they earn.
The Insolvency Service of Ireland has published its guidelines for spending limits to qualify for the new procedures.
Some reports have led to anxiety and stress for those seeking to avail of the new debt relief mechanisms – but evaluations will not be as black-and-white as some fear, writes Ryan Stewart.
Central Bank governor Patrick Honohan was before the Oireachtas Finance committee this afternoon.
It goes through the various new options available through the new Personal Insolvency Bill to someone who is experiencing financial difficulties.
The long-awaited Personal Insolvency Bill, which will allow some write-down of debts, will be signed into law next week.