Author: PIPSolutions

14 Apr The Debt Crisis

The bursting of the property bubble in 2007-08 in Ireland precipitated a debt crisis more severe than experienced anywhere else in the western world since the great depression of 1930-32 in the US.  National output (GNP) declined by 25%, unemployment soared to 15% and emigration…

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06 Dec Bankruptcy Reforms

On December 3rd, 2013 The Minister for Justice, Equality and Defence, Alan Shatter signed an order to introduce a suite of bankruptcy reforms.  Introducing the new reforms the Minister stated that “these measures complete the reform of our personal insolvency and bankruptcy legislation through the…

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03 Dec A new law on bankruptcy

RTÉ News – 3rd Dec 2013 – A new law on bankruptcy has come into effect after Minister for Justice Alan Shatter signed an order to introduce the measure. Under the law a person can be automatically discharged from bankruptcy after three years, as opposed…

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03 Dec Companies Bill

The Minister for Justice, Equality and Defence, Alan Shatter also drew attention to the Companies (Miscellaneous Provisions) Bill 2013, currently before the Dáil, which will introduce improvements to the operation of the new Debt Relief Notice insolvency process and also allow for a reduction in…

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