Personal insolvency law can be a complex area for practitioners and this title will guide you through the Personal Insolvency process which was introduced to Ireland following the last economic crash by way of The Personal Insolvency Act 2012. The Insolvency Service of Ireland was established in 2013 and they began processing insolvency applications in the last quarter of 2013. The process was slow to take off as the banks held a de facto veto on the process and so, the Act was amended in 2015 to allow for an appeal process. Since then a large body of High Court jurisprudence has been developed (55 delivered decision to date). This is the first text to explain the development of the law in light of court jurisprudence and legislative amendments. The High Court jurisprudence has developed to such an extent that this title will be a must-have for any practitioner. It includes a comprehensive overview of the The Personal Insolvency Amendment Act 2021, case analysis and a guide and tips for practitioners navigating this tricky area of law. The author, Alan McGee, is a solicitor and personal insolvency practitioner with vast experience in the area.
Read an extract of Personal Insolvency Law in Ireland
Table of Contents
Chapter 1 Introduction Chapter 2 General Eligibility Chapter 3 Application for protective certificate Chapter 4 Effect of issue of protective certificate Chapter 5 Actions to be taken by personal insolvency practitioner following issue of protective certificate and requirements for a PIA Chapter 6 Secured creditors and Personal Insolvency Arrangement Chapter 7 Principal private residence in Personal Insolvency Arrangement Chapter 8 Valuation of security Chapter 9 Creditors' Meetings Chapter 10 Steps to be taken following approval of Personal Insolvency Arrangement Chapter 11 Court review of proposed Personal Insolvency Arrangement Chapter 12 Classes of Creditors Chapter 13 Relevant Debt Chapter 14 Effect & Operation of Personal Insolvency Arrangement Chapter 15 Variation of Personal Insolvency Arrangement Chapter 16 Variation of Personal Insolvency Arrangement confirmed by order under section 115A Chapter 17 Grounds of challenge by creditor to coming into effect or variation of Personal Insolvency Arrangement & Excessive Pension Contributions Chapter 18 Terminations of Personal Insolvency Arrangements Chapter 19 The Role of the PIP Chapter 20 Costs Chapter 21 Powers of Specialist Judges of the Circuit Court Chapter 22 Debt Settlement Arrangements Chapter 23 Debt Relief Notices
Appendix 1 PIA Protocol Appendix 2 ISI Protocol Principles Appendix 3 Revenue Tax and Duty Manual Procedures for Personal Insolvency Caseworking Appendix 4 Court Forms