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Bankruptcy [1] in Irish Law is a legal process, supervised by the High Court whereby the assets of a personal debtor are realised and distributed amongst his or her creditors in cases where the debtor is unable or unwilling to pay his debts. Bankruptcy in Ireland applies only to natural persons. [2]
The Insolvency Service of Ireland was established under the Personal Insolvency Act 2012. [1] The service aims to provide mutually agreed debt solution to debtors and creditors in a fair, transparent and equitable manner. The service was established in Mar 2013.
A Personal Insolvency Arrangement (PIA) is a statutory mechanism in Ireland for individuals who cannot repay their debts as they come due but who wish to avoid bankruptcy. [1] The arrangement is one of the three alternatives authorized under Ireland's Personal Insolvency Act 2012; Debt Settlement Arrangements (DSA) and Debt Relief Notices (DRN ...
The liquidation process in Ireland is governed by the Companies Act 2014 (as amended), which came into operation in June 2015 and made significant changes to the way liquidations are supervised and who can be appointed as liquidator. The Companies Acts provide for three different types of liquidation, details of which are below: [1]
The EC Regulation on Insolvency Proceedings 2000 was passed on 29 May 2000 and came into effect on 31 May 2002. [5] It replaced the substance of the 1995 Convention. [6] The Regulation applies between all member states of the European Union, with the exception of Denmark which has an opt-out from the EU's Area of freedom, security and justice, and focuses upon creating a framework for the ...
The Insolvency (Amendment) Rules (Northern Ireland) 2023 25: The Packaging Waste (Data Reporting) (No.2) Regulations (Northern Ireland) 2023 26: The Human Tissue (Permitted Material) Regulations (Northern Ireland) 2023 27: The Social Security (2022 Benefits Up-rating) Order (Northern Ireland) 2023 28
The Insolvency (Amendment) (2016 Act) (Commencement No. 1 and Transitional Provisions) Order (Northern Ireland) 2016 204 The Waiting Restrictions (Donaghmore) Order (Northern Ireland) 2016
The Insolvency Rules (Northern Ireland) 1991 S.R. No. 364) Financial Services Act 1986 (Restriction of Right of Action) (Friendly Societies) Regulations (Northern Ireland) 1991 S.R. No. 374) Insolvency (Monetary Limits) Order (Northern Ireland) 1991 ( S.R. 1991 No. 386 )