Record number of bankruptcy cases heard yesterday

Yesterday saw a record number of bankruptcy cases recorded at the High Court.

One person was adjudicated a bankrupt every three minutes in the first half hour of the day's proceedings.

Unusually, most of the actions granted were brought by debtors, rather than creditors – despite the new Personal Insolvency laws which could help people avoid bankruptcy.

Some people, however, are choosing to declare themselves bankrupt - if, for example, they are unemployed or unable to earn off income.

More in this Section

Leitrim Lotto player collects prize almost two months after draw

Cabinet has yet to agree position on fatal foetal abnormalities bill

FF's Scanlon sorry for offence caused by Dáil question on Muslim citizen applications

Teachers and gardaí who rejected Lansdowne Road deal to lose pay increments


You might also like

Today's Stories

Residents of Cork housing estate ‘living in fear and terror’

Kinsale man’s medal for epic Antarctic journey set to make €24k at auction

Sex abuse images of babies online

Calls to sanction Cork-US flights in wake of Brexit result

Lifestyle

The best beer gardens to enjoy your cold pint on a warm summer's day

Sarah Crossan is gaining huge recognition for conjoined twin story

When three worlds collide: Family Guy, Futurama and King of the Hill join forces for new game

Alexander Skarsgard feels at home swinging through the trees in new Tarzan movie

More From The Irish Examiner