Course Details

This webinar will cover the key aspects of personal insolvency, how financial pressures are worsening for individuals, links to business / company failures and why it remains a critical area for accountants, and how recent changes have impacted both clients and advisors. Attendees will get practical guidance and insights to help steer clients who may need help.


In this session Claire Kelly will cover the following topics:

  • Key results of personal insolvency – Rightsizing Debts to affordable levels
  • Overview of legislation & recent updates
  • Client journey through the process
  • What are considered Reasonable living costs
  • Common pitfalls – what not to do when facing debt challenges
  • Recent case studies & outcomes
  • Court decisions

 

By attending, delegates will understand the current personal insolvency framework, be able to advise clients on the process, and identify key considerations for successful applications.


This session will be of most interest to accountants, tax advisers, business owners and financial advisors.


Course level: Foundation / Intermediate

CPD Course Speaker

Auditor & Personal Insolvency Practitioner

Claire Kelly

Claire Kelly, Auditor & Personal Insolvency Practitioner based in Newbridge, benefits from both experience in accounting & auditing, and expanded her practice into providing solutions to clients in the area of Personal Insolvency since the legislation was introduced 6 years ago.

She is an active member of the Association of Personal Insolvency Practitioners (APIP) the professional representative body of PIPs, having held the position of Chair of APIP in 2020, and has been active at committee level for several years including representing the profession for media activities working with the Insolvency Service of Ireland and their communications team for the ABHAILE scheme which provides funding for debtors at risk of losing their home.

Her team operate a balance of professionalism and empathy for insolvency clients providing expert advice and a realistic assessment of how their debt problems can be restructured working between the Debtors and the banks.