Debt Recovery in Ireland

The whole sequence in order — and an honest account of when a debt claim is the wrong tool.

Most creditors approach a debt in the wrong order. They start with the demand, then the proceedings, and discover the two questions that actually decided the outcome — is it still in time, and does the debtor have anything — somewhere around the point at which the costs become irrecoverable.

The Six Steps, and Why the First Three Matter Most

1. Check the clock. Under the Statute of Limitations 1957, generally six years for a simple contract debt from when the cause of action accrued, twelve where the obligation is under seal — and a written acknowledgment or part payment can restart it. Establish the accrual date precisely; do not assume it is the invoice date. 2. Check the debtor. Property, trading status, employment, guarantors, solvency. This determines whether proceedings are worth issuing, and it is the step most often skipped entirely. 3. Check the dispute. A genuinely disputed debt is not a debt claim; it is litigation, priced and paced differently, and pretending otherwise is the most expensive mistake in this area. 4. Demand properly — sum, basis, consequence, within the limits the law places on how payment may be demanded. 5. Proceedings — usually a summary summons for a liquidated sum, in the court matching the amount. 6. Enforce. Nearly all the value a solicitor adds sits in the first three steps, before any real cost has been incurred on the rest.

When Not to Sue — the Honest List

A recovery practice that never advises against proceedings is not advising. The situations where the answer is usually no: the debtor has no assets, no income and no guarantor, so a judgment is a document you have bought at your own expense; the debt appears statute-barred; the sum is small enough that the cost of recovery exceeds it, which is common and is a real answer rather than a failure; the debt is genuinely disputed, so this is commercial litigation and should be assessed as such — and where the trading relationship is worth preserving, mediation frequently produces a better commercial result than a summons; a company debtor is already insolvent and the realistic route is a claim in a liquidation; or the real problem is a contract dispute wearing an invoice as a disguise. Two things that do justify moving quickly, and should be said at the first call: an approaching limitation deadline, because issuing is what stops the clock and there is no discretion to extend it; and evidence that assets are being dissipated or a company is failing, which points toward urgent relief rather than an ordinary debt claim.

Worth Issuing, or Not?

Send the amount, when it fell due, whether anything restarted the clock, the debtor's correct legal name and what you know about their means. You get the arithmetic - including where it says to stop.

Call 01 5827148

Related Reading

Debt Recovery in Ireland - FAQs

Six steps, and the first two are the ones creditors skip. CHECK THE CLOCK: when did the debt fall due, and has anything restarted the limitation period. CHECK THE DEBTOR: property, trading status, employment, guarantors, solvency - because this determines whether proceedings are worth issuing at all. CHECK THE DISPUTE: a genuinely disputed debt is not a debt claim, it is litigation, and it is priced and paced entirely differently. DEMAND: a letter setting out the sum, the basis and the consequence, within the limits the law places on demands. PROCEEDINGS: usually a summary summons for a liquidated sum, in the court matching the amount. ENFORCE: the step that turns a judgment into money. Most of the value a solicitor adds is in steps one to three, before any costs have been incurred on the rest.

General information, not legal advice. This website contains general information about Irish law on debt recovery and enforcement. It is not legal advice and does not create a solicitor—client relationship. Every debt turns on its own facts — the documents, the dates, the parties and the debtor’s circumstances — and advice on yours requires a consultation. Statutory thresholds and figures referred to on this site are subject to change and should be confirmed before any step is taken.

A law firm, not a debt collection agency. Mary Molloy Solicitors provides legal advice and representation. It does not operate as a debt collection agency and does not conduct collection campaigns. Fees are agreed in writing with the client at the outset and are never calculated as a percentage or proportion of any sum recovered. In contentious business, a solicitor may not calculate fees or other charges as a percentage or proportion of any award or settlement.

No outcome is promised. Nothing on this site states or implies that any debt will be recovered, that any asset will be found, that any enforcement step will succeed, or that any claim will succeed. Recovery depends substantially on the debtor’s means, which are frequently unknown at the outset.

How payment may be demanded is regulated. Section 11 of the Consumer Credit Act 1995 makes it an offence to make a demand for payment by means calculated to cause alarm, distress or humiliation, or falsely to represent that legal proceedings have been or will be issued. Nothing on this site should be read as encouraging any such conduct. Mortgage arrears on a principal private residence are dealt with under a separate regulatory framework and are outside the scope of this site.

If you are the person being pursued. Free, confidential and independent money advice is available in Ireland from MABS, the Money Advice and Budgeting Service, and through the Abhaile scheme for people in mortgage arrears. You do not have to engage a solicitor to get help, and taking advice early generally improves the options available. This firm advises debtors in matters separate from those in which it acts for a creditor, and never both sides of the same debt — conflicts are checked before any substantive discussion.

Tax. Nothing on this website is tax advice. Questions about VAT on recovered sums, bad debt relief or the treatment of write-offs belong with your accountant or tax adviser and with Revenue’s own guidance.