Wednesday August 12, 2020

First the banks, time now for mortgage holder bailout

We’ve been made to bail out the banks, but the Financial Regulator is cautioning against ‘debt forgiveness’ for ordinary people in deep financial trouble

23rd October, 2010
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Next month, a major report is expected on ways to deal with our escalating personal debt crisis.

Separately, another report from the Law Reform Commission on personal debt management and debt enforcement - designed to lay the foundations for the redesign of the personal insolvency process - is due before the end of the year.

Among the areas it will focus on will be the development of a non-judicial debt settlement system While our daily...

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