Personal Insolvency Arrangement

Homeowners could be debt free in three months if they give up their property

Struggling homeowners could see themselves debt free in three months if they surrender their property. The deal - which has been announced by the Irish Mortgage Holders Organisation in agreement with AIB and KBC - will see those who accept the terms processed through a…

Personal Insolvency: Will it work?

General, Home, Mortgages & Money, Property News

New personal insolvency guidelines were published yesterday, aimed at helping to solve the problem of borrowers with unsustainable levels of debt. While opening up to the new Insolvency Service of Ireland (ISI) could lead to those in financial trouble getting some form of debt writedown,…

New personal insolvency service guidelines are launched

Uncategorized

The Government has launched their new personal insolvency service, which will see new arrangements for overburdened borrowers to reach agreement with their creditors. Applications for the new service will commence by the end of June. The new personal insolvency guidelines say people who enter arrangements…