Bankruptcy Law in Ireland – a roundup

If you're new here, you may want to subscribe to our email newsletter or our RSS feed. Thanks for visiting! The Cabinet is to discuss proposals tomorrow to introduce a speedier bankruptcy regime, but the Free Legal Advice Centre has complained about the pace of finalising the...

You could now be refused a Credit Union Loan

Thanks to new rules from the Central Bank regulators, many ordinary families are suffering as they are finding it difficult to access loans from their local Credit Union. Students are being forced to drop out of college because their parents are unable to get credit union loans, it has emerged. And other...

Poverty in Ireland is not new – ‘The Tenements’ on TV3

People are living in poverty if their income and resources (material, cultural and social) are so inadequate as to preclude them from having a standard of living which is regarded as acceptable by Irish society generally. As a result of inadequate income and other resources people may be excluded and...

Small business owner? Refused a loan by your bank?

If you own a small business and trying to get a loan from your bank without success, there is one more thing you can try. In the December 2009 budget, the Minister for Finance introduced a simple review process for small businesses and farmers that have been refused a loan from their bank. The Credit Review...

210,000 people unable to pay essential bills

The Irish League of Credit Unions recently released the results of a disposable income survey amongst Irish adults. The results are sad and somewhat shocking: 735,000 (21%) of Irish Adults have an average of €70 left each month after essential bills are paid. 45% of respondents state that they are...

Ten principles for a Black Swan proof world

  No, not that Black Swan – this Black Swan. Ten principles from the man who saw the banking crisis coming. What is fragile should break early while it is still small. No socialisation of losses and privatisation of gains. People who were driving a school bus blindfolded (and crashed it) should...