Debt Relief Notices Explained

The  Personal Insolvency laws in Ireland allow for the full write off of  certain debts of up to €35,000 with a Debt Relief Notice or DRN. A Debt Relief Notice applies  to unsecured debts only – so mortgages will not be covered. It covesr debts such as  Bank Overdrafts , Rent, Credit Cards, Personal Loans  […]
Continue reading…

 

Free Aid and Advice for people with Mortgage Arrears

THis week saw the launch of a new scheme of  Free Aid and Advice for people with Mortgage Arrears The purpose of this  State funded  Scheme is  to help people in serious arrears to find the best available solutions, with the  help of professionals with  knowledge of mortgages, insolvency, bankruptcy and repossession. The priority is […]
Continue reading…

 

Personal Insolvency Bill

New Personal Insolvency  legislation for Ireland was originally  promised by the government before the end of April 2012. It is something that the IMF and EU demanded as part of the bailout agreement. It is finally being implemented in the summer of 2013. Debt forgiveness has been  discussed many times over recent years – and […]
Continue reading…