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

High profile or not, personal insolvency works for debtors – Irish Independent


Pia Bang Stokes
Pia Bang Stokes
  • High profile or not, personal insolvency works for debtors

    Independent.ie

    When the High Court approved a 12m write-off of debt owed by Pia Bang Stokes and her husband, Jeffrey Stokes – formerly of Unicorn Restaurant fame – it sparked fears that our new personal insolvency regime was failing ordinary debtors while working for high-profile ones.

    https://www.independent.ie/business/irish/high-profile-or-not-personal-insolvency-works-for-debtors-35521090.html

    https://www.independent.ie/business/irish/article35521089.ece/063c8/AUTOCROP/h342/2017-03-12_bus_29340923_I1.JPG

  • Email

When the High Court approved a 12m write-off of debt owed by Pia Bang Stokes and her husband, Jeffrey Stokes – formerly of Unicorn …

Read the full article at: https://www.independent.ie/business/irish/high-profile-or-not-personal-insolvency-works-for-debtors-35521090.html

Category: BankruptcyBy Insolvency GuardianJanuary 8, 2019

Post navigation

PreviousPrevious post:Give details of insolvency law committee, Supreme Court tells Centre – Business StandardNextNext post:5 steps to get out of a debt headache – Your Money

Related Posts

Swiss solar panel maker Meyer Burger files for insolvency for German subsidiaries – Reuters
June 1, 2025
WA producers hope Brownes Dairy will be purchased by an Australian buyer
June 1, 2025
Victorian Liberal MP John Pesutto fails to raise $1.5 million for Moira Deeming defamation; faces bankruptcy
June 1, 2025
Photovoltaics: Meyer Burger files for insolvency in Germany
June 1, 2025
Polkinghorne’s rule: Auckland’s Northern Club proposes to suspend members charged with criminal offences or declared bankrupt
June 1, 2025
Subpoenas issued after Builder.ai declares insolvency – MSN
May 31, 2025

High profile or not, personal insolvency works for debtors – Irish Independent


Pia Bang Stokes
Pia Bang Stokes

When the High Court approved a 12m write-off of debt owed by Pia Bang Stokes and her husband, Jeffrey Stokes – formerly of Unicorn Restaurant fame – it sparked fears that our new personal insolvency regime was failing ordinary debtors while working for high-profile ones.

The couple walked away from their debts after their creditors agreed to a lump sum payment of 145,000. Mr and Mrs Stokes also retained their 800,000 home in Kilternan, South County Dublin, although the home carries mortgage debt of about 680,000 on which they pay monthly repayments of some 700.

The Personal Insolvency Act, and the Personal Insolvency Arrangement (PIA) mechanism, works. PIAs return people to solvency whil…

Read the full article at: http://www.independent.ie/business/irish/high-profile-or-not-personal-insolvency-works-for-debtors-35521090.html

Category: Debt HelpBy Insolvency GuardianMarch 11, 2017

Post navigation

PreviousPrevious post:Contract killer plot councillor goes bankrupt – The Times (subscription)NextNext post:Bill credits businesses to help pay student debt – Columbus Telegram

Related Posts

Emergent Industrial Solutions Reports Declining Financial Metrics Amidst Debt Management Success in March 2025
June 1, 2025
Illinois program tries to rid people of medical debt, but for many help comes too late
June 1, 2025
Lee Jae-myung pledges debt relief for self-employed amid economic concerns – Chosunbiz
June 1, 2025
GECOF – Gestão de Conteúdo Oficial
May 31, 2025
Beyond Budgeting: 6 Strange Yet Powerful Tactics for $20K+ Debt Relief – AOL.com
May 31, 2025
Gambler caught with £159k of cannabis in Audi as he tried to repay loan sharks
May 31, 2025
Insolvency Guardian
© Insolvency Advisory Accountants Pty Ltd trading as Insolvency Guardian Australia.

Disclaimer

Go to Top
Call Now Button