Are You Thinking About Declaring Bankruptcy In Ireland?
Bankruptcy is a last resort solution for debts that cannot be paid off. However the benefit is that it allows people to put their debt behind them and get on with their lives.
We offer an all inclusive fixed fee bankruptcy service so you can plan for your bankruptcy. It includes PIP fees, ISI fees, court fees, and all legal costs.
We have brought a number of successful bankruptcy applications in the High Court in Ireland on behalf of clients under the new bankruptcy regulations and had these clients adjudicated bankrupt. Call 01 531 3494 or 074 91 29110 now for your phone assessment.
Our Bankruptcy Package
With our experience in bankruptcy cases, we have combined with Even Keel Financial insolvency practitioners to offer a bankruptcy package which includes the insolvency practitioners fees, court fees, legal fees and VAT at an all inclusive cost agreed in your confidential assessment.
Fill in the contact form for your bankruptcy information pack or phone us direct
How Our Bankruptcy Service Works
- Contact us today for a phone assessment
- Receive a confidential suitability assessment
- Set up meeting for initial paperwork and explain procedures and process
If you are considering bankruptcy or an insolvency arrangement we would be delighted to meet you to discuss your case and we hold monthly clinics in Donegal, Dublin and Galway.
Fill in the contact form for your free phone assessment or phone us direct
Bankruptcy Case Study
David had a retail business until a downturn in the economy forced him to close his business in 2011. He was self-employed, and had guaranteed a number of his business debts personally. His total debts were approximately €650,000, and there were 22 creditors affected. Separately, David was paying his mortgage on time, however the house was worth less than the mortgage owed.
Three years on from the closure of his business, he was still getting weekly calls from his creditors, many of whom were threatening legal action against him, and threatening to take charges over his home.
Following a discussion with us, we evaluated his income and expenditure, and found that as he was only working in a low paid job, and his wife was working part-time, he could not afford to offer anything to his creditors, and that bankruptcy was the most suitable option for him. We prepared the paperwork, and six weeks later, David was declared bankrupt in the high court.
He continues to pay the mortgage on his home, and when he emerges from bankruptcy, he will still keep ownership of his house. As his wife was not involved in any of the business debts, she did not have to go bankrupt. The phone calls and legal threats have stopped, and his creditors cannot take any further action against him.
For advice on bankruptcy and our fixed fee packages, fill in our contact form or phone our legal team today on 01 531 3494 or 074 91 29110.