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Dundalk Office 6 Roden Place, Dundalk,
Co. Louth, DX 24007 Ireland.
Tel: +353 (0)42 932 0854
Newry Office 15a Margaret St, Newry, Co. Down, N. Ireland, BT34 1BP.
Tel: +44 (0)28 3025 1756
Fax Us +353 (0)42 932 0855
Email Us info@callison.ie
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    • Bankruptcy & Insolvency
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Bankruptcy & Insolvency

Catherine Allison is an experienced personal insolvency legal advisor and has successfully completed the Personal Insolvency Practitioner exam set by the Law Society of Ireland in conjunction with the ISI and holds a recognised Insolvency Law qualification. Catherine Allison is authorised by the Insolvency Service of Ireland to carry on practice as a personal insolvency practitioner

We find positive solutions for individuals who are insolvent, including negotiating debt settlement arrangements with banks and creditors, voluntary consent sales and restructure of bank loans and obtaining self adjudicated Bankruptcy for individuals in all three jurisdictions of Ireland, Northern Ireland, England and Wales. We help save peoples homes from bank repossession.

Under the new Insolvency regime in Ireland, the Bankruptcy period has been reduced from three years to one year minimum. This firm was the first firm in Ireland to successfully obtain the first six Irish Bankruptcy Orders on behalf of its clients under the new Irish Insolvency Act 2012 (implemented in December 2013)

As an alternative to Bankruptcy we also offer legal advice on Debt Settlement Arrangements (“DSA’s”) and Personal Insolvency Arrangements (“PIA’s”). We are on the legal aid panel for insolvency PIA appeals, under the new government “Abhaile Scheme” which involve the Principal Private Residence. We have successfully secured many appeals with mortgages written down to the market value of property.

We have obtained a substantial number of UK & Northern Ireland Bankruptcies for Individuals as a debt solution. We have also acted for individuals who have relocated to Northern Ireland, England or Wales and have established a Centre of Main Interest or “COMI” there. Once established they can elect to file for voluntary bankruptcy and be debt free within 12 months after obtaining a Bankruptcy Order.

Under the Bankruptcy Amendment Act 2015, the bankruptcy period was reduced from 3 years to 1 year minimum as of 29th January, 2016. The other main changes reduce the income payment period from 5 years to 3 years, as well as most importantly, providing for the revesting of family homes in debtors, where the Official Assignee has not issued proceedings for the sale of the property within 3 years of the bankruptcy adjudication. This may provide some comfort for individuals whose main priority is to maintain their principal private residence which is in negative equity and it is aimed at protecting the family home in these circumstances, which will enhance the debtor’s bargaining/negotiating position in respect of the family home mortgage, notwithstanding bankruptcy.

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Testimonials

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I am so grateful for the support you've given me over the last few months. This is a great result and now I can relax after a pretty stressful period.

Sinead March 16, 2017

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Letitia was fantastic helping me through my divorce. Explained everything in a way that was easy to understand and was very positive and reassuring.

JUGGERNAUT JOE May 27, 2021

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Thank you for all the hard work throughout, I am delighted with the property

Conall March 16, 2017

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Thank you so much Catherine for winning my High Court personal injuries claim after a three year well fought battle- it was a long haul and thank you for guiding me through it and for going the extra mile to obtain the right expert medical and other witnesses. You were very understanding of the level of pain I was suffering after such a life changing accident and treated me with the utmost respect and sensitivity. I have to say, I am glad it is finally over.

Terry March 16, 2017

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As a business client of your office for the past 17 years and ongoing, I am grateful for the level of professional advice, and the high quality of down-to-earth practical advice and fast and efficient service provided by Catherine and her staff to all of my limited companies and my personal businesses, in all commercial property and employment contracts and litigation and company restructures. You helped our companies through many tough times. The level of commercial property and legal expertise and practical tax advice in on a par with any large Dublin legal practice we encountered but with a personal touch at a lower cost delivered to our local businesses.

Gerry March 16, 2017

Address 6 Roden Place, Dundalk, Co. Louth, DX 24007.
Newry Office 15a Margaret St, Newry, Co. Down, N. Ireland, BT34 1BP.
Tel: +44 (0)28 3025 1756
Fax Us +353 (0)42 932 0855
Email Us info@callison.ie
About Us

Admitted and Practising in N.I., England, Wales & Ireland.

Regulated by the SRA in England & Wales

VAT Reg No. 9067494J

Quality Standards
We aim to provide our clients with a legal service which is second to none. Our service is efficient, professional and totally reliable. The Institute of Legal Research & Standards
Office Hours

Monday - Friday

Saturday/Sunday

Closed for lunch

9.00AM to 5.00PM

Closed

1:00PM to 2:00PM

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