Thursday December 5, 2019

Insolvency experts threatening to hand back their licences

Personal insolvency experts who spent thousands of euro to become authorised to negotiate debt deals are warning that they may hand back their licences, due to a lack of cases.

6th April, 2014

Personal insolvency experts who spent thousands of €to become authorised to negotiate debt deals are warning that they may hand back their licences, due to a lack of cases.

Figures released last week by the Insolvency Service of Ireland (ISI) showed that it had processed just a handful of mortgage-related debt cases in its first year in operation.

The Association of Personal Insolvency Practitioners said some of its members were now considering getting out...

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