Stubbs In the News

Credit unions run to court as arrears hit €1bn mark

On February 14th, 2012, posted in: Stubbs In the News by Niamh0 Comment

By Charlie Weston Personal Finance Editor Irish Independent Tuesday February 14 2012 CREDIT unions are taking an increasingly heavy-handed approach to those in debt, it has emerged. Struggling consumers have been hit with debt judgments worth €3m in the past week, with credit unions taking more of the actions than banks and other creditors. The..

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Debt: the calm before the storm?

On February 1st, 2012, posted in: Stubbs In the News by Niamh0 Comment

Ireland and its citizens have a rich history of looking to the UK for a solution to legislative shortcomings at home. Where once it was the plight of teenage mothers-to-be on the B&I ferry, now it is the ex-billionaire business class looking to bankrupt themselves in an altogether more favourable environment. Unfortunately, we have a..

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Stubbs Gazette being used to try get paid

On January 27th, 2012, posted in: Stubbs In the News by Niamh0 Comment

SLIGO COUNTY COUNCIL is using Stubbs Gazette in an effort to collect long overdue fire charges. The revelation came at the January monthly meeting on Monday last in answer to a question from Clr. Joe Queenan asking if the council had private debt collectors collecting overdue accounts. Head of Finance Marie Leydon said the council..

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Wexford listings in Stubbs Gazette

On January 25th, 2012, posted in: Stubbs In the News by Niamh0 Comment

TWO COUNTY WEXFORD listings are featured in the latest edition of Stubbs Gazette, the journal that publishes information on debtors. The journal reports that court judgements were registered against Nicholas and Pauline Keating of Haggard, Ramsgrange, New Ross and Richard and Niamh Walsh (t/a The Wishing Well) of No. 6, Craanford, Gorey. Bank of Scotland,..

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Judgement against Kilteel man

On January 24th, 2012, posted in: Stubbs In the News by Niamh0 Comment

A Kilteel resident has had a judgement registered against him for over half a million euro. Stubbs Gazette is set to report that Richard Mockler of Coldstream Stud, Rathbane, Kilteel owes €507,895 to Lombard Ireland. It’s not the first time Mr Mockler has appeared in the pages of the Stubbs Gazette. In January of last..

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Developer Kelly has new €1m debt order

On January 19th, 2012, posted in: Stubbs In the News by Niamh1 Comment

by Dearbhail McDonald – Legal Editor, Irish Independent DEVELOPER Paddy Kelly has been hit with a fresh debt order of almost €1m. Mr Kelly, whose personal wealth was once valued at almost €2.7bn, was hit with the judgment by Ulster Bank. The €990,000 debt was registered last Tuesday, just days before the non-NAMA lender unveiled..

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€17m judgments against two Clare company directors

On January 12th, 2012, posted in: Stubbs In the News by Niamh0 Comment

The Clare Champion – Friday January 13, 2012 JUDGEMENTS totaling almost €17 million have been registered in the High Court against two Clare company directors. Details of the court decisions, published in this week’s edition of Stubbs Gazette, disclose that a judgement of €10,451,717.29 was registered against John Declan Flanagan of Ballyvarra House, Doolin and..

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Debtors ordered to repay over €8bn

On January 3rd, 2012, posted in: Stubbs In the News by Niamh0 Comment

By Dearbhail McDonald Legal Editor Tuesday January 03 2012 JUDGES have ordered debtors to pay back more than €8bn in bad debts since the onset of the recession, the Irish Independent has learned. However, much of the soured debt, described as the tip of the iceberg, will simply never be recovered. The courts are now..

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The bad debts of 2011 about to get a lot worse

On January 3rd, 2012, posted in: Stubbs In the News by Niamh0 Comment

Irish Independent 3rd January 2012 EVERYTHING is relative and it says much about the sheer scale of current levels of bad debt that the spectacular judgments of not so long ago now seem like mere footnotes in monetary terms. Back in 2007, a solicitor named Michael Lynn had a judgment registered against him of just..

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€3m debts paid back

On December 7th, 2011, posted in: Stubbs In the News by Niamh0 Comment

Tuesday December 06 2011 Claire Murphy DEBTORS were ordered by the courts to pay back almost €3.2m in debt this week, according to Stubbs Gazette Judgments. This week, the Private Residential Tenancies Board (PRTB) succeeded in getting judgments registered in four separate cases, for bills totalling €57,000. The highest judgment this week amounted to €642,592.66..

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