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 […]
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Debt Relief
Debt Write off limit increased to €35,000
Government Increases Debt Relief Notice Threshold for Debt Write Off from €20,000 to €35,000 Prior to October 2015 – the maximum debt that could be written off in Ireland under a Debt Relief Notice was €20,000. A an amendment to legislation now means that debts of up to €35,000 can be completely written off . […]
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Insolvency Bill to be Published This Week
Enda Kenny today confirmed that the Cabinet has approved the publication of the Personal Insolvency Bill this Friday . He also announced that a series of other measures to assist those in mortgage difficulty had also been agreed. Mr Kenny said that by this summer, a new Mortgage Information and Advice Service will be in […]
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