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

One dead and four hospitalised following Meath car crash

Irish soldier chosen by head of United Nations to lead peace-keeping mission

Fianna Fáil Seanad candidates chosen to 'make a difference to people's lives'

Dublin protest today to highlight scale of homelessness problem


You might also like

Today's Stories

‘First Dates’ star faces harassment charge

‘Stellar’ leader Josephine Feehily not afraid of courting controversy

Questions about Nóirín O’Sullivan as Garda boss

Man ‘a victim of webcam honey trap scam’

Lifestyle

Labels to watch out for: Five Irish designers you need to know about

Orla Brady on playing designer and architect Eileen Gray in new movie

Highlights from the Ballymaloe Literary Festival of Food and Wine

What to watch on TV this week

More From The Irish Examiner