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  1. #1
    RetiredProvo RetiredProvo is offline
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    Sligo businessman says he had ‘no choice’ but to file for bankruptcy

    Sligo businessman and former Renua candidate at the last GE says he had ‘no choice’ but to file for bankruptcy.

    https://www.oceanfm.ie/2017/11/09/sl...or-bankruptcy/

    Finbarr Filan, who is a prominent Sligo businessman and proactive in many commercial regeneration incentives in Sligo appears to have followed his brother Shane by filing for bankruptcy. An interesting read in the Sligo Weekender where he claims the debt burden is an ever increasing problem in this state.

    When you proclaim the virtues of a free market neo liberal capitalist system and then get caught up in its whirlwind exhaust fumes in the form of a glorified " pass the parcel " ponzi scheme that the Irish property market was and is, you really should take your beating and call it as it is.
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  2. #2
    max99 max99 is offline

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    These boys make me sick... Hiding away their fortune abroad, in various family members
    bank accounts, and ever so slyly declaring 'bankruptcy'. I mean FFS..
    Don't believe a word of it...
    These pair are just laughing at the rest of us..
    Those of us that 'actual taxpayers'. Up in the morning at 6, for the daily grind & commute, and to read this is actually nauseating....
    What's that saying again ? ''Tax is only for the small fellas''
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  3. #3
    Eoin Coir Eoin Coir is offline
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    Look at Ivan Yates, went to Wales for a years as bankrupt tourist,back and flying on media here, drawing big Dail pension too.
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  4. #4
    Fractional Reserve Fractional Reserve is offline

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    Quote Originally Posted by max99 View Post
    These boys make me sick... Hiding away their fortune abroad, in various family members
    bank accounts, and ever so slyly declaring 'bankruptcy'. I mean FFS..
    Don't believe a word of it...
    These pair are just laughing at the rest of us..
    Those of us that 'actual taxpayers'. Up in the morning at 6, for the daily grind & commute, and to read this is actually nauseating....
    What's that saying again ? ''Tax is only for the small fellas''
    So you have proof this ?
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  5. #5
    popular1 popular1 is offline

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    Quote Originally Posted by Eoin Coir View Post
    Look at Ivan Yates, went to Wales for a years as bankrupt tourist,back and flying on media here, drawing big Dail pension too.
    well i was just thinking the same
    i was watching the tonight show and he had a few guests including joan burton
    the two of them talking away as if the last ten years never happened, both not a want on them
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  6. #6
    fat finger fat finger is offline
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    Filan for bankruptcy
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  7. #7
    mr_anderson mr_anderson is offline
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    Is this recent debt or left-overs from the boom ?
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  8. #8
    Analyzer Analyzer is offline
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    Could he not get a taxpayer funded debt write down from AIB ?

    And then another one ?

    And then a state contract ?

    And then another one ?

    And pay taxes in Malta ?
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  9. #9
    Jack O Neill Jack O Neill is offline
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    Quote Originally Posted by Eoin Coir View Post
    Look at Ivan Yates, went to Wales for a years as bankrupt tourist,back and flying on media here, drawing big Dail pension too.
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  10. #10
    Jack O Neill Jack O Neill is offline
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    Quote Originally Posted by Eoin Coir View Post
    Look at Ivan Yates, went to Wales for a years as bankrupt tourist,back and flying on media here, drawing big Dail pension too.
    like to bring back the debtors prison would you ?

    he had a business venture that failed , he chose the best bankruptcy route available to him and is now out of bankruptcy

    he tried , he failed , people like you never try or just live off others handouts
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