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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.

Contact Us For More Information

Testimonials

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I was recommended to you by an existing client who also benefitted from specialised personal insolvency and property advices in both the UK and Ireland. I will always be grateful for the recommendation and the fast thinking / pro-active solutions your firm found leading to the ultimate resolution of my legal business, personal and financial issues.
I am more than happy with the service I receive from your office and the efficiency which you and your staff employ for every matter, regardless of importance or value. I would have no hesitation in recommending friends and colleagues to use your services, as indeed I have done.

Joe March 16, 2017

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Excellent service, fast ,efficient, and very professional.

March 2, 2023

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I have already recommended you to a few of my friends and can’t say enough about your service to anyone who will listen.  You are phenomenal!!!

Jason July 10, 2018

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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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BRILLIANT SERVICE FROM START TO FINISH . PROFESSIONAL AND WOULD RECOMMEND TO ANYONE. REGULAR UPDATES NOTHING WAS ANY PROBLEM . LYNDSAY IS HIGHLY RECOMMENDED .💯⭐⭐⭐⭐⭐

March 2, 2023

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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