Thursday June 4, 2020

New personal debt rules are a start

The insolvency service faces a huge job, with new rules, new practitioners and an uncertain response from the banks, which will have a key say as the main creditor in most cases.

20th April, 2013

Is there some reluctance about the government's overdue launch of the new personal insolvency regime? No doubt there is. There is nothing easy about this politically. Helping those in debt risks annoying those who are just getting by - particularly at a time when the state owns a fair chunk of the banking sector. There is no immediate risk of banks needing new capital, but as the process gathers pace, this is a risk -...

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.

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 | 5 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 | 4 years ago