The Personal Insolvency Act 2012, enacted in 26 December 2012, reforms Ireland’s insolvency laws, providing a modern system addressing the situation of insolvent debtors. The Act introduced three out-of-court debt relief processes that allow the write-down or restructuring of debt owed by individuals:
Our Firm offers services to debtors to include:
Bankruptcy- with the former 12 year automatic discharge period now cut to 3, bankruptcy can be an effective remedy including the fact, as in all debt settlement arrangements, the fees for legal advice and negotiation are provided for as part of process.
The timely collection of debts is of critical importance to businesses of all sizes. Speed of recovery of the debt is the principal concern for our debt recovery unit. We are dedicated to recovering debts as quickly as possible. We deal with debt collection in the District, Circuit and High Courts at a competitive cost that is not based on a percentage of the debt recovered. We charge instead per step so that if your debt is recovered at an early stage the cost to you is an affordable fixed amount. Call today for details of our fee charging structure.