Personal Insolvency Update with a Focus on the Family Home
Webinar – 18th December 2017 2.30pm - 3.30pm
Section 115A (9) of the Personal Insolvency Acts 2012 to 2015 (The Acts) provides that a Court can give effect to a Personal Insolvency Arrangement (PIA) despite it having been rejected by creditors. It was designed to enable a qualifying debtor to retain their principal private residence in certain circumstances. The Courts are now seeing cases being taken under this section with a view to keeping debtors in the PPR despite a PIA failing.
With this important development in mind, Tom Murray gives a comprehensive update on Personal Insolvency legislation with a focus on recent Court Case involving the family home under section 115A. Topics covered include;
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An overview of the Personal Insolvency Acts 2012 to 2015
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An explanation of the various (PIA, DSA and DRN) are, who they suit and how there are implemented
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Consideration of the approach and attitudes of the various creditor classes to supporting proposals
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Consideration of the developments in practice, legislation and case law around the family home.
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A review and explanation of the case laws that are shaping the law around remaining in PPR in a formal insolvency procedure
Key Webinar Details
Time: 2.30pm - 3.30pm (please note the time)
CPD Credit: 1 hour