Debt charity meets with insolvency agency

British debt charity StepChange, which is set to launch a bank-backed debt resolution service here in the coming months, has met with the state’s insolvency agency to discuss the debt landscape here.

14th March, 2015

The meeting comes amid ongoing negotiations between StepChange, Irish banks and banking industry body Banking and Payments Federation Ireland regarding the introduction of a restructuring scheme for borrowers with debts across multiple lenders.

StepChange is understood to be very close to launching in the Irish market, and is also understood to have been in contact with the Central Bank recently.

“StepChange requested a meeting with members of the Insolvency Service of Ireland and the meeting...

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