Debt and insolvency law
Debt and insolvency affect many people and businesses across Ireland. Contact Law can put you in touch with experienced solicitors who can help you get your finances under control and represent you in case the matter goes to court.
Contact Law has a network of specialist bankruptcy solicitors who can, for instance, help you with:
- Personal debt issues
- Company insolvency
- House repossession
- Eviction orders
- Property remortgaging
- Individual Voluntary Arrangements (IVAs)
Debt refers to the money owed by an individual or entity to a lender. You may for instance have credit card or student debts - if these start getting out of control and you are not able to pay back the amount required then the advice of an expert solicitor is crucial as they can help you to find a solution.
Similarly, companies often owe money to banks or other lending institutions and need to ensure that they pay off the money owed in a timely manner. The running of a company is complicated and regular legal advice will ensure that your company adheres to all regulations.
Bankruptcy and insolvency
If a person owes more than the value of their assets and has no means of paying back what they owe then they can consider filing for bankruptcy. This is not a decision to be taken lightly as it will seriously affect your credit rating and your suitability for certain jobs. Before you get to this point it is essential that you seek legal advice. Similarly, if you file for bankruptcy then a specialist solicitor should be consulted as they will be able to guide you through the process.
If a company finds itself in a situation where it can no longer pay its lenders and staff then it may be considered as insolvent. The services of a solicitor specialised in company insolvency will be necessary to ensure that all affairs are handled correctly.
Contact Law can put you in touch with a local specialist solicitor free of charge. Our solicitors can assist you with legal issues in any area of law in any part of Ireland.
So if you are looking for a specialist bankruptcy solicitor, then please call us on 1800 937 974 or complete the web-form on the right-hand side.