Debt problems no barrier to PIP appointment

Struggling borrowers who engage personal insolvency experts to negotiate debt deals on their behalf could find themselves represented by someone with their own debt difficulties.

11th May, 2014

Struggling borrowers who engage personal insolvency experts to negotiate debt deals on their behalf could find themselves represented by someone with their own debt difficulties.

The state's insolvency agency told The Sunday Business Post that having personal debt difficulties would not prevent someone from being authorised as a personal insolvency practitioner (PIP) to negotiate debt relief deals on behalf of others.

''Where an applicant has a debt relief notice [DRN], debt settlement arrangement [DSA] or...

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