This new title covers a very important area of law in the current economic climate. Currently, the personal insolvency legislation is being reformed in Ireland. The area has not seen such a change in decades, the last significant piece of legislation being the Bankruptcy Act 1988. The Personal Insolvency Act 2012 radically changed the law relating to personal insolvency and bankruptcy in Ireland. The main impact of the Act is that it introduces the establishment of a State-run Insolvency Service to operate the new non-judicial insolvency arrangements. This very timely title covers all the elements of the new legislation, the EU and cross-border aspects.
Introduction to Personal Insolvency: Overview and Recent Developments Types of Personal Insolvency: Creditor's Petition; Debtor's Petition; Compositions and Arrangements; E.U. Position and Insolvency Regulations: Recognition of foreign bankruptcies; Registration of foreign bankruptcies; Effect of registration; All documents required to be Appendixed; Process of Bankruptcy: In depth analysis of the process including Appendices of all documents required etc.; Step-by-step guideline to process; How do I make myself a Bankrupt?: Background to why this should be considered; Process involved; Implications; UK v Ireland: Difference between treatment in Ireland and UK; Trustee in Bankruptcy: process and rights over Irish situate assets of person adjudged bankrupt in the UK; COMI and benefits of changing same; Creditor's Position: Process open to Creditor; Recourse to Creditor; Protection to Creditor; Secured v's unsecured Creditor; Practical Implications of bankruptcy: Spouse/relatives of bankrupt; Other creditors; Bankrupt themselves; Salary of bankrupt; Assets of bankrupt; Pension of bankrupt; Interaction with family law proceedings: Family home; Special provisions in Bankruptcy Act; Rights of Spouse; Process; Court's Attitude; Official Assignee: Role of OA; Restrictions of OA; Discharge of Bankrupt: Process; Restrictions; Implications for future activities; Alternatives to Bankruptcy: Scheme of Arrangements.
Read an extract of Personal Insolvency Law
Table of Contents
Chapter 1: Introduction Chapter 2: Insolvency Service of Ireland (ISI) Chapter 3: Debt Relief Notices Chapter 4: Debt Settlement Arrangements Chapter 5: Personal Insolvency Arrangements Chapter 6: Court Procedures Chapter 7: Reasonable Living Expenses Chapter 8: Personal Insolvency Practitioners Chapter 9: Offences Chapter 10: Bankruptcy Act Amendments Appendix 1: Prescribed Financial Statement Appendix 2: Application for Debt Relief Notice Appendix 3: Application Form for AI Appendix 4: First Schedule Bankruptcy Act 1988 Appendix 5: DSA Application Form Appendix 6: Section 81 Bankruptcy Act 1988 Appendix 7: Instrument Appointing a Proxy Appendix 8: Application for Protective Certificate Appendix 9: Form No 52A Appendix 10: Form No 52b Appendix 11: Form No 51 Appendix 12: Form No 52 Appendix 13: Form No 52C Appendix 14: Form No 53 Appendix 15: Form No 52D Appendix 16: Form No 54 Appendix 17: Form No 52E Appendix 18: Form No 55 Appendix 19: Form No 52F Appendix 20: Form No 56 Appendix 21: Form No 52G Appendix 22: Form No 57 Appendix 23: Form No 52H Appendix 24: Application Form PIP