Bloodboiling double standards in Ireland regarding bankruptcy

Grrrr… this is up there with Jim Stafford’s inane comments about how solicitors and other professionals should be allowed keep their trophy homes…. Good to know Golf Club membership is a bare necessity…

Brian M. Lucey

You are a NAMA  Family

  • Bad luck. Bankrupt eh?
  • Phew. Your in luck… Your reasonable standard is defined in the High Court, by expensive barristers
  • You can claim (2 adults, a car, three second level school kids) €9k per month as reasonable
  • Err who takes public transport?
  • You can maintain a gold club subscription of €165 per month.
  • You can have €1644 per month for the three kids private school fees
  • Its perfectly reasonable to pay €3750 for rent for a house that is “attractive and desirable”
  • This is not “a celtic tiger lifestyle”

You are a regular Family

  • Bad luck. Bankrupt eh?
  • Your sh!t out of luck. Your standard is set down in a leaflet by the insolvency service
  • You can claim (2 adults, a car, three second level school kids) €2461 per month as reasonable (per Table 6).
  • Oh, you cant have a car if you live…

View original post 122 more words

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