Wednesday December 11, 2019

Why has the expected torrent of debt deals slowed to a trickle?

When it was set up, the Insolvency Service of Ireland held the promise of debt relief deals for distressed borrowers – but many people are still submerged under debt, wrtites Emma Kennedy.

30th March, 2014
After five years of financial woes, it seemed like 2013 would mark the start of the solution for thousands of debt-laden families.

After five years of financial woes, it seemed like 2013 would mark the start of the solution for thousands of debt-laden families.

When the Insolvency Service of Ireland (ISI) opened its doors, to oversee three new debt relief options for distressed borrowers, there was a hope that change was finally on the way.

Last April, at the launch of the ISI's public information campaign, Minister for Justice Alan Shatter said it was a good day for...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago

Greater Dublin Area draft Transport Strategy published

Digital Desk | 4 years ago