Increase in personal debt deals in Q4 2014

14th January, 2015

About 1,000 debt deals were completed last year, as struggling debtors sought solutions via the insolvency and bankruptcy system.

Figures due to be published by the Insolvency Service of Ireland (ISI) this week are expected to reveal a significant increase in debt deals in the final quarter of 2014.

The state’s insolvency agency, which was set up to help distressed borrowers, has been dogged by criticism of the low take-up of its services, but its latest tranche...

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