Still weighed down by a debt burden
The economy’s looking up, but tens of thousands of families are still struggling with mortgage arrears
Amendments to the insolvency legislation and a new debt advisory service for borrowers are among the latest attempts to solve Ireland’s debt crisis, but will this be enough?
One of the key changes introduced in the Personal Insolvency Amendment Act earlier this year, an independent court review in cases where lenders refuse insolvency deals, is expected to become operational in October or November.
“It is intended to commence it as soon as the...
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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