As the Personal Insolvency Bill completed its way through The Dail today, it heralded that the long awaited Personal Insolvency Act will at long last become a reality, marking what is sure to be a historic day for Ireland.
The 2012 Act represents a radical overhaul and modernisation of Ireland’s insolvency […]
This Sunday we had an article in The Sunday Business Post with Karl Deeter that examined the cases that we have taken against the banks recently where the courts can force a bank to accept a sale even if the price offered for the property is lower than the […]
We have had another high profile case in the media this week where we represented Caroline and Robert Carass in their dealings with Permaent TSB. You can read about the court case in today’s Irish Times and Irish Independent using the links below. In this case we were left […]
There imporant figures on mortgages release to by the Centraln Bank, which show that the mortgage arrears crisis is deepening. There are nowe nearly 78,000 mortgages in arrears of 90 days or more at the […]
On Thursday 19th April 2012 I attended the FLAC conference on drafting Personal Insolvency Legislation. There were numerous international speakers discussing international best practice in the area of personal insolvency legislation. Minister for Social Protection, Joan Burton, spoke at the start of the conference and explained how the Cabinet […]
We had a major success last week when we negotiated a €200,000 write-down of a mortgage for our client Greg O’Brien (Greg requested us to inform other people in a similar situation of this success).
Greg O’Brien had a sub-prime mortgage of €360,000 from GE Money. Over the last couple […]
The Draft Heads of the Personal Insolvency Bill were published by Minister Shatter this week. We have been reviewing the contents of bill and have highlighted some issues. The new legislation is welcome which appears to be
targeted at helping struggling homeowners, which we welcome. However, there are issues with […]
Anthony was interviewed on RTE again this morning for the breakfast show Morning Ireland, where he talked about the loophole in Irish law that relates to mortgage repossessions. This could now halt hundreds of repossessions for mortgages taken before the law change in 1st December, 2009.