Articles - Debt collection Ireland

Seizure of Assets in Ireland

In the last few years, Ireland evolved as one of the most prolific economies of the European Union, however, there was also a large number of debtors who from various reasons failed to comply with their obligations and became subject to debt recovery procedures. Many times, when a debt cannot be recovered amicably, the seizure…

Recognition of an EU Court Decision in Ireland

The primary source of the law in Ireland is its Constitution, however, as an EU member state, Ireland also recognizes and enforces regulations imposed at the level of the Union. There are also cases in which EU regulations and decisions can overrule the local laws imposed here. The same principle…

Enforcement of a Court Decision in Ireland

The debt collection procedure in Ireland is not complex, no matter if the recovery is completed through amicable or court proceedings. The law is very clear for both procedures, which is why debt collection in Ireland can be completed quite fast. The main difference in the two proceedings rests in the enforcement of a court…

Loan Recovery in Ireland

With banks and other financial institutions offering advantageous financing solutions, the number of Irish citizens and companies contracting loans has increased spectacularly in the past few years. However, the financial market is often volatile and terms and conditions, as well as interests, can vary under the influence of both national…

Debt Collection Steps in Ireland

The debt collection procedure in Ireland is mainly regulated by the Courts and Civil Law Act of 2013 which is completed by several other regulations which provide for the procedures which need to be respected by debt recovery agencies in this country. Recovering a debt in Ireland implies several steps which need to be respected by the…

Debt Collection Agencies in Ireland

The debt collection procedure in Ireland is strictly regulated so that it ensures a fair result for both the creditor and the debtor. In Ireland, outstanding amounts of money can be collected by private agencies, but also by financial institutions, however, most of the times, private agencies will complete such activities. The regulations which…