The Ultimate Guide to what happens to the family home in bankruptcy from Lynch Solicitors

Family Home & Bankruptcy – A Comprehensive Guide

While coverage of the recent changes to the Bankruptcy Laws has focused on the reduction of the bankruptcy term from three years to one year, a number of other amendments were made.  These will have a serious effect on a person’s decision to file for bankruptcy. The role of the Official Assignee (who takes over
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bankruptcy family home

Bankruptcy: What Happens To The Family Home

Will I Lose My Home? Bankruptcy does not mean definitely losing your family home. If the family home is mortgaged, then in real terms, the bank owns the family home until the mortgage is repaid. The bank may choose to keep the property outside the bankruptcy process and enter into an arrangement with you which
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Family Home in Bankruptcy

What Happens Your Family Home in Bankruptcy?

What happens to the family home in bankruptcy? This is a very emotive issue and one that we are frequently asked when dealing with bankruptcy issues.  This blog looks at the issue and answers the most commonly asked questions.
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Family Home in Bankruptcy

Family Home in Bankruptcy Proceedings

The position of the family home in Bankruptcy is that while the Lender has options under the legislation they invariably keep the family home out of bankruptcy.
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Bankruptcy Boom: Increase in numbers applying

The new ‘one year bankruptcy ’ continues to be an appealing alternative for those struggling with unsustainable debt as some 552 people are projected to be adjudicated bankrupt this year according to the latest figures from the Insolvency Service of Ireland. A total of €776 million is the estimated debt that will be included in
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Bankruptcy in Ireland – A Quick Guide

What is bankruptcy in Ireland? How will my life be impacted by it? We look at the issue and how it will affect your life.
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