Tag Archives: mortgage debt
The Insolvency Service of Ireland or ISI have published guidelines in regard to reasonable living expenses which insolvent persons will be allowed if they wish to sort out their debt problems by using of one of the three new insolvency … Continue reading
A Bill was introduced in January 2013 to allow an arrangement to be agreed which would restructure the terms and/or the payment schedule of a secured debt in respect of a person’s principal private residence.
An Individual Voluntary Arrangement (IVA) is a formal agreement between an insolvent debtor and his or her unsecured. The terms of the IVA provide for the debtor to repay a portion of his or her unsecured debt over a limited … Continue reading