Justice Minister Archives - MyHome.ie Advice & Blog

Government reveals new measures to deal with mortgage arrears

The Government has revealed new measures to deal with the mortgage arrears crisis. Among them is an independent court review that will have the power to approve insolvency deals that have been rejected by banks. Under the new system, the courts can review and effectively…

Personal insolvency legislation to be published today

General, Home, Mortgages & Money

The Government is to publish new personal insolvency legislation this morning, which will reduce the bankruptcy term in Ireland from 12 years to three. The Bill will be launched by Justice Minister Alan Shatter and Finance Minister Michael Noonan. Radically overhauling existing outdated legislation has…

Personal insolvency bill to be released today

General, Home, Mortgages & Money, Property News

Justice Minister Alan Shatter is due to release the new personal insolvency bill today. Debates on the exact contents of the bill have been rumbling on for several months. A number wanted mortgage debt to be excluded, but it looks like secured debt, or mortgages,…

Families in debt should be facilitated in remaining in their home, says report

Home, Mortgages & Money, Property News

A report on the Government's Personal Insolvency Bill has said families should be facilitated as far as possible to remain in the family home in any insolvency arrangement. It says the Justice Minister Alan Shatter should examine the possibility of including such a provision in…

People now able to agree write downs of mortgage debt

Mortgages & Money, Property News

The Government has confirmed that people will be able to agree deals to write down mortgage debt as part of personal insolvency arrangements. Such deals, however, will require a majority of creditors such as banks agree to deals on a case-by-case basis. These would be…

Fines for failure to pay household charge could be taken from people's salaries

Home, Mortgages & Money, Property News

Homeowners who refuse to pay the new €100 household charge could have their fine of up to €2,500 deducted from their wages or welfare payments, it has been revealed. Justice Minister Alan Shatter is reported to be set to bring laws before the Dáil next…