Bankruptcy Solicitor

17/03/2017

Happy St. Patrick's Day!

28/02/2017

Bankruptcy Case Study - David

David had a retail business until a downturn in the economy forced him to close his business in 2011. He was self-employed, and had guaranteed a number of his business debts personally. His total debts were approximately €650,000, and there were 22 creditors affected. Separately, David was paying his mortgage on time, however the house was worth less than the mortgage owed.

Three years on from the closure of his business, he was still getting weekly calls from his creditors, many of whom were threatening legal action against him, and threatening to take charges over his home.

Following a discussion with us, we evaluated his income and expenditure, and found that as he was only working in a low paid job, and his wife was working part-time, he could not afford to offer anything to his creditors, and that bankruptcy was the most suitable option for him. We prepared the paperwork, and six weeks later, David was declared bankrupt in the high court.

He continues to pay the mortgage on his home, and when he emerges from bankruptcy, he will still keep ownership of his house. As his wife was not involved in any of the business debts, she did not have to go bankrupt. The phone calls and legal threats have stopped, and his creditors cannot take any further action against him.

http://bankruptcysolicitor.ie/bankruptcy-case-studies

Case studies of Irish clients who have successfully declared bankruptcy. Learn how to apply for bankruptcy in Ireland or call 01 531 3494 for your assessment.

22/02/2017

Download Our Bankruptcy Guide

This guide will provide you with essential information that you need to know regarding bankruptcy in Ireland.



http://bankruptcysolicitor.ie/download-bankruptcy-guide

Lanigan Clarke Bankruptcy Solicitors. Are you looking to declare banckruptcy in Ireland? Call us on 01 531 3494 or 074 91 29110 for advice on declaring bankruptcy.

17/02/2017

How rugby legend 'The Claw' lost his grip on his pub as bankruptcy loomed

http://www.independent.ie/business/irish/how-rugby-legend-the-claw-lost-his-grip-on-his-pub-as-bankruptcy-loomed-35455669.html

Rugby legend Peter Clohessy has been declared bankrupt.

09/02/2017

Contact Us for Advice and Support

For advice, feel free to contact our legal team today on 074 91 29110 in Donegal or talk to our team in Dublin on 01 5313494.

Bankruptcy solicitors provide resources for bankruptcy and insolvency in Ireland. Our phone assessments guide you through the application complexities.

03/02/2017

Priory Hall developer loses appeal over bankruptcy appeal

http://www.irishtimes.com/news/crime-and-law/courts/high-court/priory-hall-developer-loses-appeal-over-bankruptcy-appeal-1.2961304

Thomas McFeely’s bankruptcy to continue until 2020 as all grounds dismissed

27/01/2017

Bankruptcy risk for Bus Éireann by year end

http://www.irishexaminer.com/ireland/bankruptcy-risk-for-bus-eireann-by-year-end-440831.html

Bus Éireann could go bankrupt before the year end if emergency measures are not introduced, it’s acting chief executive warned.

23/01/2017

What are the Main Consequences of Bankruptcy?

Your property transfers to the Official Assignee.
You have a duty to contribute from surplus income (income less reasonable living expenses) towards your debts for up to 5 years.
You are discharged from bankruptcy after 1 years.
All your debts are written off.


http://bankruptcysolicitor.ie/

12/01/2017

Ireland's richest businessman' faces bankruptcy after losing 10-year battle with bank!

http://www.independent.ie/irish-news/courts/irelands-richest-businessman-faces-bankruptcy-after-losing-10year-battle-with-bank-35358793.html

Once named as one of Ireland's richest businessmen, Michael Taggart has admitted he is facing bankruptcy.

09/01/2017

WHAT IS A CHAPTER 7, 11 AND 13 BANKRUPTCY

http://bankruptcysolicitor.ie/publications-news/item/what-is-a-chapter-7-11-and-13-bankruptcy

A Chapter 7, Chapter 11 and Chapter 13 Bankruptcy have equivalents in Irish Law including a Debt Relief Notice, Debt Settlement Arrangement and a Personal Insolvency Arrangement (PIA).

04/01/2017

BEST OPTIONS FOR MANAGING UNSECURED DEBT

http://bankruptcysolicitor.ie/publications-news/item/best-options-for-managing-unsecured-debt

Best Options For Managing Unsecured Debt - Helping you choose the right solution for your debt problems.

23/12/2016

Wishing you all a very Merry Christmas & a fantastic New Year 2017!