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Debt Articles by National Debt Relief
Debt Solutions DSA Insolvency
December 7, 2023 / May 10, 2024 by admin
What is a Debt Settlement Arrangement? A Debt Settlement Arrangement or DSA is a formal debt solution established under the Personal Insolvency Act of 2012, which provides individuals that are Insolvent (facing significant personal debt challenges) with a structured formal process for debt resolution. The DSA was considered a much needed progressive step toward addressing […]
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A Debt Settlement Arrangement (DSA) is a formal debt solution, created by The Insolvency Service of Ireland (ISI). It was introduced by the Personal Insolvency Act 2012 and is designed to help you address problems with unsecured debts, such as credit cards, loans, overdrafts, shortfall debts etc…
Debt Solutions
September 13, 2023 / May 10, 2024 by admin
In December 2012, a Bill was enacted that introduced several new Personal Insolvency solutions into Ireland. It’s name was The Personal Insolvency Act 2012 and it’s purpose is to provide relief and assistance to people struggling with various types of debt. The solutions are available to individuals who are facing financial difficulties and are unable […]
DRN DSA Reasonable Living Expenses
January 11, 2023 / May 10, 2024 by admin
This article is one in a series of articles discussing how ‘Reasonable Living Expenses’ (RLEs) guidelines might work for people who are struggling with debts or their mortgage. RLE’s are guidelines provided by the Insolvency Service of Ireland (ISI) that ensure you have a reasonable budget for living. They also help your Debt Advisor or […]
December 15, 2022 / May 10, 2024 by admin
If you are struggling with your credit commitments and need advice, it might be good to speak with a debt advisor or Personal Insolvency Practitioner (PIP) to see what options are available. They will assess your situation to determine if your are in fact Insolvent (unable to pay your debts) and how much you can […]
DSA Reasonable Living Expenses
December 14, 2022 / May 10, 2024 by admin
Reasonable living expenses (RLE’s) are a set of guidelines published by the Insolvency Service of Ireland (ISI) to help determine a suitable budget, for people to live on, that are struggling financially and considering entering into an Insolvency Solution. The RLE’s consist of several categories: We have created several articles discussing different hypothetical examples of […]
December 8, 2022 / May 10, 2024 by admin
This article is one in a series of articles explaining how the “Reasonable Living expenses” guidelines might work for people in various scenarios relating to Insolvency. The Reasonable living expenses (RLE’s) are a set of guidelines published by the Insolvency Service of Ireland (ISI) to help determine a suitable budget to live on, for people […]
November 29, 2022 / May 10, 2024 by admin
When enquiring about any Debt Solution the first thing your debt advisor or Personal Insolvency Practitioner (PIP) will do is assess your situation to determine if your are in fact Insolvent (unable to pay your debts) and how much you can realistically afford to pay towards your outstanding debts. This involves reviewing several aspects of […]
Insolvency Reasonable Living Expenses
August 11, 2022 / May 10, 2024 by admin
There are several Debt Solutions available in Ireland which can help people address their unaffordable secured and/or unsecured debts. If you’re experiencing financial difficulty and thinking of entering into one of these solutions, a debt advisor or PIP (Personal Insolvency Practitioner) will carry out an assessment with you, which involves reviewing your household situation, your […]
November 18, 2021 / May 10, 2024 by admin
There are four different Debt Solutions available in Ireland that can help you address your financial difficulties. Each Debt Solution has a different set of criteria, so finding the right one for you will depend on several different factors such as the type of debts you have, the level of your debts, your household situation […]
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