Search Results for 'Insolvency'

Fianna Fáil area representative, Lisa Chambers, will hold a clinic at the Welcome Inn Hotel, Castlebar, tomorrow (Saturday, March 16), to deal with personal insolvency issues.

Retail Excellence Ireland has welcomed Minister Richard Bruton’s plan to allow small companies apply to the Circuit Court to restructure debts.

Licensing applications before Castlebar District Court in relation to the TF Royal Hotel and Theatre, which went into receivership in May, were adjourned by Judge Mary Devins pending a High Court Commercial Court decision.

Fine Gael Mayo TD, Michelle Mulherin, has said the Personal Insolvency Bill published last week will give a vital lifeline to distressed mortgage holders and those overwhelmed by personal debts. The Heads of the Bill was published by Ministers Alan Shatter and Michael Noonan this week, and it is hoped it can be published in its legislative form by the end of April.

The Personal Insolvency Bill – published this week – will offer a lifeline to distressed mortgage holders and those overwhelmed by personal debt, Kilkenny Fine Gael TD John Paul Phelan has said.

Fine Gael Galway West TD Seán Kyne yesterday called for the Money Advice and Budgeting Service (MABS) to be given a more central role in the Personal Insolvency Legislation.

Company directors in Connacht need to know the legal duties and responsibilities of their role, especially in times of difficulty. Failure to do so can have serious consequences, according to Tom Byrne, Kiltimagh native and president of the Institute of Directors in Ireland.

I am owed a significant sum of money by an individual. Despite numerous requests he has refused to pay me what I am owed. I know that he receives grant payments from the Government on a regular basis. Can I force him to pay me these monies when he receives them?

Last week, I discussed the process involved in securing judgement before the Courts in respect of debt collection matters. This judgement may then be enforced against the individual who owes the money (the debtor). If the debtor still refuses to pay a number of options are available to the individual who is owed the money (the creditor). Such options include the following:

In these exceptionally difficult times, it is absolutely necessary that your business is equipped with the most effective ways of maintaining cashflow. The most common problem facing many businesses at the moment is that outstanding bills are not being discharged in a timely fashion, or at all. How then do you go about ensuring that this problem is banished from your business? One of the most efficient ways of doing this is by commencing debt collection proceedings against the company or individual. Developing a reputation for being proactive about the collection of fees or invoices owed to you can be no bad thing, as it will foster a culture of immediate payment by your clients because they will be aware that if they dont pay, you will follow them for it and not simply brush that fee note under the carpet!