- Changes to Irish bankruptcy law—bankruptcy term reduced to one year
- What changes have been made to the bankruptcy process in the Republic of Ireland as a result of the Bankruptcy (Amendment) Act 2015?
- Default term of bankruptcy
- Term of bankruptcy payment orders
- Recognition of civil partnerships and cohabitants
- Re-vesting of family homes/shared homes/principal private residences
- Why have these changes been brought in?
- When did these changes take effect, and do they impact on existing bankruptcy proceedings?
- How have these changes been received by the insolvency profession?
- Has the 2015 Act made any changes to any other personal insolvency procedures?
- To what extent do you think the 2015 Act will impact on bankruptcy tourism?
Restructuring & Insolvency analysis: Frank Flanagan, senior associate at Mason Hayes & Curran, examines the Bankruptcy (Amendment) Act 2015, which makes several changes to the rules on bankruptcy in Ireland including reducing the bankruptcy term to one year, bringing them in line with that of the UK.
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