A few facts:
- There are 800,000 mortgages in Ireland. 100,000 of these are in arrears of 90 days or more.
- The length of bankruptcy in Ireland is 12 years.
- In 2012, only 34 bankruptcy applications were lodged in Ireland despite the economic climate as many people headed to the UK to take advantage of their more lenient bankruptcy rules.
You do not need to go to the depressed UK to find more lenient rules.
Australia has a 3 year bankruptcy period, and you can get an early release if you pay a few cents in the dollar to get the majority of creditors supporting you.
Our in-house counsel has over 20 years of experience running his own Law Firm in Ireland.
That means we understand both legal systems and the best way to work out any past debt issues.
We also provide asset protection advice which will also help protect any savings that you accumulate whilst in Australia.
In short, Irish Bentley Lawyers provide a holistic legal advisory service specialised at the Irish market, and we would be happy to help you.
Please call us on +617 3891 3333
For all matters concerning bankruptcy, speak to the team at Irish Bentley Lawyers today.