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24/03/2023
The Ultimate Guide to what happens to the family home in bankruptcy from Lynch Solicitors

Family Home & Bankruptcy – A Comprehensive Guide

Thursday, 01 October 2020 by John Lynch
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
  • Published in Bankruptcy & Insolvency
Tagged under: Bankruptcy, Family Home, Insolvency, Personal Insolvency Arrangements
bankruptcy family home

Bankruptcy: What Happens To The Family Home

Friday, 21 August 2020 by John Lynch
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
  • Published in Bankruptcy & Insolvency
Tagged under: Bankruptcy, Family Home, Property, Property rights
Family Home in Bankruptcy

What Happens Your Family Home in Bankruptcy?

Monday, 11 March 2019 by John Lynch
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.
  • Published in Bankruptcy & Insolvency
Tagged under: asset, assignee, Bankruptcy, buy to let, Family Home, Mortgage, negative equity
Family Home in Bankruptcy

Family Home in Bankruptcy Proceedings

Thursday, 10 May 2018 by John Lynch
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.
  • Published in Bankruptcy & Insolvency
Tagged under: asset, assignee, Bankruptcy, buy to let, Family Home, Mortgage, negative equity

Bankruptcy Boom: Increase in numbers applying

Wednesday, 31 May 2017 by John Lynch
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
  • Published in Bankruptcy & Insolvency
Tagged under: Bankruptcy, Banks, Debt, Insolvency, John Lynch, Loans, Mortgage, Personal Insolvency Arrangements, Tipperary

Bankruptcy in Ireland – A Quick Guide

Tuesday, 05 May 2015 by John Lynch
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.
  • Published in Bankruptcy & Insolvency
Tagged under: Bankruptcy

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