How to cut a deal with a vulture fund on your mortgage
Forget about the discount your debt was bought for - the quickest way to waste money during negotiation is to focus on your own feelings
Last year, Irish loans worth a face value of €12.1 billion were sold to vulture funds.
As European banks race to get rid of the bad debts that are the among the most meaningful legacies of the collapse, Ireland is unsurprisingly among the most active. One in every four European loans sold was an Irish one: Ireland partied harder, for longer, and it follows that the hangover is worse.
The banks and Nama have purged...
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures