Tuesday December 1, 2020

Shatter seeks clampdown on British bankruptcy exodus

Ireland is seeking to stem the tide of citizens being declared bankrupt in Britain, with Minister for Justice Alan Shatter voicing his concerns to the British government.

3rd February, 2013
Bernard McNamara: filed for bankruptcy in Britain. Rules allow bankrupts there to be declared debt-free after one year.

Ireland is seeking to stem the tide of its citizens being declared bankrupt in Britain, with Minister for Justice Alan Shatter voicing his concerns directly to the British government.

The government is increasingly perturbed about the growing number of bankruptcy tourists - Irish individuals who relocate to Britain to avail of the generous bankruptcy regime there.

Shatter has raised the issue with the British government, and he is now using Ireland's presidency of the European...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

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

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

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