Peeling Back the Layers – The Real Cost of Bailouts

by John Lynch | Nov 1, 2013 | Bankruptcy & Insolvency

By John M. Lynch, Principal and Personal Insolvency Practitioner (PIP). For the past number of months we have been bombarded with commentary each day on the new provisions under the Personal Insolvency Act 2012 – When will it come into force?, How will it operate?,...

Bankruptcy Reform – From Boom to Bust to Recovery – the Irish American Way!

by John Lynch | Oct 3, 2013 | Bankruptcy & Insolvency

Bankruptcy Reform – From Boom to Bust to Recovery – the Irish American Way! In Bankruptcy the property or assets of a person who is unable to pay their debts are transferred to a person who is given charge of the property by the High Court (called an Official Assignee...

The Cost of Insolvency – To PIP or not to PIP?

by John Lynch | Sep 19, 2013 | Bankruptcy & Insolvency

With the downturn in the economy we are hearing every day about the huge numbers of people who are struggling to meet unsustainable debt. Recent figures suggest that there are close on 100,000 mortgages which are deemed to be in “serious arrears”, in other...

Banks Claw Back is Fair and Reasonable and Consistent with the Impartiality of the PIP!

by John Lynch | Sep 9, 2013 | Bankruptcy & Insolvency

Today the Insolvency Service of Ireland began accepting insolvency applications from Personal Insolvency Practitioners (PIPs).  It was recently suggested that the banks had influenced the Insolvency Act and made an amendment to the effect that they could claw back any...

Bank’s Claw Back of Mortgage Debt & The Insolvency Process

by John Lynch | Sep 5, 2013 | Bankruptcy & Insolvency

Tipp FM Legal Slot – 3rd September 2013   John M. Lynch, Personal Solvency Practitioner on Banks Clawing Back Mortgage Debts & The Insolvency Process [soundcloud id=’165869581′] Download our Banks Claw Back of Mortgage Debt & The...