Skip to content
Insolvency Guardian
Insolvency Services & Bankruptcy Advice
Insolvency GuardianInsolvency Guardian
  • Insolvency
  • Zero Contact Solutions
  • Resources
  • News
  • About Us
  • Contact
1300 60 70 60
  • Insolvency
  • Zero Contact Solutions
  • Resources
  • News
  • About Us
  • Contact

Changes to debtor rules on table for legislation – The Times

John Walsh, Ireland Business Editor

Around 400 insolvency cases are thought to be on hold over interpretation of the lawGETTY IMAGES

Any change to the rules that would enable debtors to challenge directly a banks rejection of their loan restructuring will be made as an amendment to personal insolvency legislation, the finance minister has said.

On February 5, Ms Justice Marie Baker ruled that reviews of a personal insolvency arrangement (PIA) are not exclusively a matter for a debtors personal insolvency practitioner (PIP) and she said the law envisaged a role for the debtor in the process.

It is understood that about 400 insolvency cases are on hold because the interpretation of the legislation before last months ruling was that only a PI…

Read the full article at: https://www.thetimes.co.uk/edition/ireland/changes-to-debtor-rules-on-table-for-legislation-fdnfm92lz

Category: BankruptcyBy Insolvency GuardianMarch 14, 2018

Post navigation

PreviousPrevious post:Reducing Risk in the Banking Union: Commission presents measures to accelerate the reduction of non-performing … – EU NewsNextNext post:RPT-Corporate America’s undertakers prepare for feast after lean years – Reuters

Related Posts

Here's what spurred layoffs at Meyer Burger's solar plant in Goodyear – The Business Journals
June 4, 2025
UK’s largest water company nears bankruptcy – World
June 4, 2025
KPMG buys assets of insolvent Victoria tech firm for $1.45M
June 4, 2025
UK’s largest water company nears bankruptcy
June 4, 2025
the judge approves the restructuring
June 4, 2025
KPMG aquires assets of insolvent Victoria tech firm Llamazoo for $1.45M – Times Colonist
June 4, 2025

Changes to debtor rules on table for legislation – The Times

John Walsh, Ireland Business Editor

Around 400 insolvency cases are thought to be on hold over interpretation of the lawGETTY IMAGES

Any change to the rules that would enable debtors to challenge directly a banks rejection of their loan restructuring will be made as an amendment to personal insolvency legislation, the finance minister has said.

On February 5, Ms Justice Marie Baker ruled that reviews of a personal insolvency arrangement (PIA) are not exclusively a matter for a debtors personal insolvency practitioner (PIP) and she said the law envisaged a role for the debtor in the process.

It is understood that about 400 insolvency cases are on hold because the interpretation of the legislation before last months ruling was that only a PI…

Read the full article at: https://www.thetimes.co.uk/article/changes-to-debtor-rules-on-table-for-legislation-fdnfm92lz

Category: BankruptcyBy Insolvency GuardianMarch 13, 2018

Post navigation

PreviousPrevious post:Doughnut Time Is Done, With All Stores Closed & Staff Owed $200K In Backpay – Pedestrian TVNextNext post:Debt charity says more than 600000 people sought help last year – The Guardian

Related Posts

Here's what spurred layoffs at Meyer Burger's solar plant in Goodyear – The Business Journals
June 4, 2025
UK’s largest water company nears bankruptcy – World
June 4, 2025
KPMG buys assets of insolvent Victoria tech firm for $1.45M
June 4, 2025
UK’s largest water company nears bankruptcy
June 4, 2025
the judge approves the restructuring
June 4, 2025
KPMG aquires assets of insolvent Victoria tech firm Llamazoo for $1.45M – Times Colonist
June 4, 2025
Insolvency Guardian
© Insolvency Advisory Accountants Pty Ltd trading as Insolvency Guardian Australia.

Disclaimer

Go to Top
Call Now Button