Can I Apply For Bankruptcy?

Yes, but it must be proven that you have atleast €1,900 of debt in realisable assets.

However, Banktruptcy in Ireland is a long drawn out and difficult process due to Irelands outdated laws which is in real need for updating. In 2008 only 17 bankruptcy petitions were applied for by individuals, of which 8 people were adjudicated bankrupt, according to figures provided by the Court Service.

For more information please call us free on 01657 5602 or fill out our quick contact form and we will get back to you.