Bankruptcy is a formal court process that deals with debts you cannot repay, normally lasting one year, after which qualifying debts are discharged. This fixed-fee consultation explains how bankruptcy works in Ireland and whether it is the right step for you.
We explain the application process through the High Court, the role of the Official Assignee, what happens to your home, assets and income, the duration and restrictions, and how bankruptcy compares with insolvency arrangements.
It is for individuals considering bankruptcy who want a clear, realistic picture of the consequences and alternatives before deciding.