21 Oct 2011

Response to the Keane Report – The wait and see approach is not enough

Debt Forgiveness, General, latest news, Mortgage Write Off No Comments

The continued ‘wait and see’ approach from the coalition is prolonging the pain of thousands of Irish mortgage holders – the Personal Insolvency Bill should be introduced as a matter of extreme urgency to provide struggling mortgage holders with the realistic option of declaring bankruptcy if their bank will not negotiate a write-down of their mortgages.

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22 Sep 2011

Employment law – legal pitfalls when hiring new staff

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A recent survey on the Employment Outlook of Ireland by the recruitment firm Manpower reveals that although employers in Ireland expect the labour market to remain muted they are now at their most optimistic since Quarter 3 2008. This is good news. Once this economic downturn has concluded employers will have to start hiring again. However, many employers may have forgotten about the legal pitfalls when hiring a new employee.

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26 Aug 2011

A practical solution to debt forgiveness

Debt Forgiveness, Distressed Property, General, Mortgage Law, Mortgage Write Off No Comments
There is now an ongoing national debate about some form of debt forgiveness. The government knows that something has to be done for the 60,000 or more people who are struggling to repay their mortgages on property which is now in negative equity. There is even debate within the government itself with ministers Joan Burton and Willie Penrose calling for debt forgiveness, whilst Minister Eamonn Gilmore has ruled out a blanket debt forgiveness scheme, but he has set up a working group headed by Declan Keane of KPMG to examine measures that can be taken to assist distressed mortgage holders. Though it is unlikely to recommend a blanket write-down of mortgages.

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28 Jul 2011

Irish Independent – Forgive them lender. . . for they know not what to do

Debt Forgiveness, Distressed Property, Human Rights, latest news, Legal advice, Mortgage Write Off No Comments

Anthony Joyce was again quoted in the national media today, this time after speaking to Charlie Weston, the Personal Finance Editor of The Irish Independent.

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FORGIVE THEM LENDER . . . FOR THEY KNOW NOT WHAT TO DO 

Galling for some, but mortgage debt forgiveness may be one of our best chances of getting the economy back on track

By Charlie Weston

Thursday July 28 2011

THE break-up of her relationship and pay cuts meant Jean could no longer afford to meet the mortgage payments on her own.

She had been paying it herself for two years after her former partner hit the road. But now it was getting to be too much and she was anxious to sell up, clear the mortgage and move on with her life.

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26 Jul 2011

Landmark ruling on loophole to halt repossessions.

Distressed Property, General, latest news, Legal advice, Mortgage Write Off No Comments

Yesterday we were involved in another landmark mortgage ruling for our clients who succeeded in having a repossession action by GE Money halted in the High Court inDublin. The ruling was based on a loophole we found with the introduction of the new Land and Conveyancing Act which created a loophole / lacuna for a certain number of cases which could halt hundreds of repossessions inIreland.

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26 Jul 2011

Anthony Joyce on RTE Radio 1′s ‘Morning Ireland’

latest news, Mortgage Law, Mortgage Write Off No Comments

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.

21 Jul 2011

Redress for the victims of the Magdelane Laundries

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(For background on Magdelane laundries, the women who were sent there and the abuse that took place  please click here)

In 2002, the Magdalene laundries were excluded from the State’s Residential Institutions Redress Act and consequently, Magdalene survivors were denied redress as they were unable to apply to the Residential Institutions Redress Board.

This exclusion has been widely criticised, principally because it is at total contrast to the Irish Government’s reaction to the Catholic Church sexual abuse scandal, which included several official inquiries, a state apology and a redress scheme for the survivors of abuse in state-funded, church run institutions.

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