Insolvency experts threatening to hand back their licences

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 ...