Power Of Attorney: Risks And Precautions

Granting power of attorney to someone is a risk that many people, if they can, prefer not to take No matter how sure you are of someone, there are unfortunate cases where someone granted power of attorney abuses the position of power

How To Manage Personal Debt Problems

In recent years the ability to obtain credit from banks and credit card companies has been relatively easy. After a sustained period of credit accumulation, Ireland, along with many other countries, is beginning to realise that the nations love affair with easy credit is now turning into a debt nightmare for many people.

Home Repossession's Looming

When it comes to repossessions a court's hands are often tied, but last-minute negotiations often mean people can avoid losing their homes. Anna posted her house keys back to the building society on the day before her house was due to be repossessed. "I couldn't face bringing the keys into them," she says. "And the thought of being evicted would have killed me totally."

A company director has been ordered by the High Court to repay the bad debts of his construction company to he amount of 24 million Euro. Judge Peter Kelly ordered judgment in that amount to AIB against Tony Browne, a director of Maryborough Construction Holdings Ltd, over guarantees provided by him in September 2006 in exchange for credit and loan facilities to fund a shopping centre development by Maryborough at Portlaoise.

Debt Consolidation Loans

The first reaction by many people when they realise they have a debt problem is to consider debt consolidation via a larger loan to be the answer. This is often a very dangerous strategy as debt consolidation loans whilst, on the face of things, may appear attractive they often serve to simply make a debt problem worse as debt consolidation loans effectively will increase the overall level of debt that is outstanding.