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Insolvency in Ireland
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Insolvency in Ireland : ウィキペディア英語版
Insolvency in Ireland

The (Insolvency Service of Ireland ) was established under the Personal Insolvency Act 2012.〔(【引用サイトリンク】url=http://www.irishstatutebook.ie/2012/en/act/pub/0044/index.html )〕 The service aims to provide mutually agreed debt solution to debtors and creditors in a fair, transparent and equitable manner. The service was established in Mar 2013. The service provides three solutions to avoid bankruptcy through "Personal Insolvency Practitioner" or "Approved Intermediaries". The service started accepted applications from debtors from 9 September 2013.〔(【引用サイトリンク】url=http://www.irishtimes.com/business/personal-finance/day-of-reckoning-arrives-as-insolvency-service-begins-work-1.1521220?page=2 )〕 Mr Lorcan O’Connor is the Director of the Insolvency Service of Ireland.〔(【引用サイトリンク】url=http://www.justice.ie/en/JELR/Pages/PR12000251 )
== Understanding Difference Between Insolvency and Bankruptcy ==
Insolvency is defined as the declared inability of a debtor to clear his debt. However, insolvency remains different from bankruptcy which explains a situation in which a debtor can’t pay his / her debts due to having more liabilities than assets. Insolvency, if not addressed, can result in subsequent bankruptcy.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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