Monday November 30, 2020

Is the new insolvency regime for you?

While the new personal insolvency service has been welcomed, there are some concerns about the manner in which it will function, writes Barry J Whyte.

Barry J Whyte

Chief Feature Writer

7th September, 2013
Barry J Whyte.

Tomorrow, just days after Ireland's top bankers detailed the full scale of the enormity of Ireland's mortgage arrears crisis, the new personal insolvency service will start taking applications.

Thousands of debt-laden individuals are expected to take advantage of the new legislation, with figures for applicants in the first year likely to fall somewhere between the Department of Justice's estimate of 15,000 and research by Stubbs Gazette, which puts the number at 25,000.

Applicants who sign up to...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 11 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 5 years ago