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Bankruptcy here is best option ,3 years when new Bill comes in ,i bellieve it will be retrospect,painless enough,it must be advertised on 2 papers,whole job should cost about 2500 euro

Brendan if it was ammended to 65% in NUMBER and value it would be much fairer and take the power away from one big creditor,same as in Part 4 Bankruptcy Act 1988

An excellent fact finding presentation,gives more of an idea the problems facing the country,it neaqrly as big an epedimic as TB in the fiftys,how do we solve it or at least stall it.Thank God for the foreign Banks or we would all be somewhere off Rathlin Island

One interesting fact from your figures is that 17% of the total mortgages are in arrears,you can say one in five,not very promising. That figure is only for State backed Banks,add in sub prime and other Foreign Banks,would seem the figure could rise to 25% in arrears and rising

Cabot Financial sometimes buy debts that are non performing from lenders also. They decent people to deal with,ring them yourself then they will want a statement of your financial position, then you make an offer, if they dont own the debt and are collecting on behalf of Bank of Scotland you...

Am familar with Bankruptcy attend court every Monday,if it important to you can put you in touch with some one who is bankrupt for last twelve months.

Complaint to Ombudsman should hold them off,but you have to give the Bank Notice to rectify the matter.Are EBS loans now in Nama.Does EBS exist or do they have power to appoint a Receiver.A receiver is usually appointed where there is a rent roll and it not being paid to Bank so they move in to...

Yes MBNA will sell on your debt to one of 2 companies that buy them and it will be much easier settle with them,you should be able to buy your debt for 20 - 25% of outstanding amount.Also see have you payment protection on your card.No Panic

Following is link to Flac website on Seminar. [broken link removed]

I agree with RIAD BSC 100% the evil day is here and the time for confusing movement with action is long gone

What i learned yesterday it not the insolvencey bill that causing the write down,that is already there if they reposses or as is getting common they walk away.It like car insurance if you never had a claim your insurance is so high because of other bad drivers.We all members of society and must...

Brendan thanks for answering question I was asked,and much better than I would,am I taking the wrong impression that after we heard yesterday it back to the drawing board,we away off the mark,it hard to discuss until the slides come up.Looked at list of people who attended Lawyers well...

Have been listening for over a year to all these groups drafting this new Insolvencey Bill .Today attended the FLAC seminar on it,it was a credit to FLAC the best ever I attended.It was addressed by two Foreign experts who left me in no illusion our current Bill is only scrap value.I understand...

Spoke to a Solicitor lately,he told me total lecture time on Bankruptcy was a half hour when he was doing Law,that would not be encouraging.There are people around the country providing this service for years when Solicitors and Accountants were looking after the Developers.Think experince...

Thanks but can not seem to edit title,will note your points for future postings Debt Relief Certification Scheme 04 April 2012 09:37 Age: 11 days March 30th 2012 The Chief Executive of the Citizens Information Board, Tony McQuinn, confirmed today that MABS will have a role in the...

Hi Wishes,Think we live in a Democracy you should approach your local T D and voice your concern.I am worried this has already been hi-jacked go to MABS website and see their submission to Dept of Justice and compare it with what happening on the ground also see Flac submisssions also. What you...

Awareness of size of problem, No qualified people to administer it. Too many decisions already made by faceless people Only people who not represented the unfortunate victims

Big issue in the proposed Insolvency Bill is the usual suspects are wondering how they can carve it up and take control of any money that can be earned out of it, not much credence been given to the person in financial difficulties. The bill has not gone through Dail yet but everybody knows...

I understand the law Society requires a Solicitor to give an estimate in writting of the cost of any assignement before they take it on,and it is strictly enforced

Re: Mortgage Payment By Direct Debit If my interest on my mortgage is 1600 per month and they take it out 3 days per month sooner than agreed date,they are benefiting by a months interest for money i didnt have use of,so a nett gain for mortgage company of 1600 per annum