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Personal insolvency

Overview Document Personal insolvency options The Personal Insolvency Act 2012 introduced a new system for dealing with personal insolvency.

Insolvency Service of Ireland
The Insolvency Service of Ireland (ISI) administers the debt settlement procedures introduced under the Personal Insolvency Act 2012. The Official Assignee in Bankruptcy is based in the ISI and manages its Bankruptcy Division.

Debt Relief Notices
People on very low incomes who cannot pay their debts may apply for a Debt Relief Notice. The qualifying limit has changed from €20,000 to €35,000.

Debt Settlement Arrangements
People who cannot pay their unsecured debts can apply for a Debt Settlement Arrangement.

Personal Insolvency Arrangements
People with secured debts who cannot pay their debts can apply for a Personal Insolvency Arrangement.

What is bankruptcy?
Describes how bankruptcy works in Ireland. The rules on bankruptcy have been changed.



Contact Us

If you have a question relating to this topic you can contact the Citizens Information Phone Service on 0761 07 4000 (Monday to Friday, 9am to 8pm) or you can visit your local Citizens Information Centre.