Shape of new insolvency deals to be revealed

Debt experts, debtors and creditors will get greater insight into how new debt deals will work in the coming weeks.

27th July, 2013

Debt experts, debtors and creditors will get greater insight into how new debt deals will work after the Insolvency Service of Ireland (ISI) publishes a template proposal for personal insolvency arrangements (PIA) in the coming weeks.

The sample proposal is likely to act as a starting point for personal insolvency practitioners who will be negotiating debt deals on behalf of struggling debtors. More than 100 would-be debt negotiators have already applied to the ISI for...

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