Tomorrow, just days after Ireland's top bankers detailed the full scale of the enormity of Ireland's mortgage arrears crisis, the new personal insolvency service will start taking applications.
Thousands of debt-laden individuals are expected to take advantage of the new legislation, with figures for applicants in the first year likely to fall somewhere between the Department of Justice's estimate of 15,000 and research by Stubbs Gazette, which puts the number at 25,000.
Applicants who sign up to...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team