Mortgage Restructuring Arrangement

What is a Mortgage Restructuring Arrangement (MRA)?

A new bill has been published in Ireland in relation to the Personal Insolvency Act 2012. This Bill is called the Mortgage Restructuring Arrangement 2013. The aims of the bill are

[ ...to provide for the restructuring and disposal of certain mortgage arrears; for the retention, where practicable, of the principal private residence in instances of certain mortgage arrears; for the removal of significant negative equity debt in the case of eligible persons; and to provide for related matters.]

We will be providing more information on MRA's in the near future. Please check back soon.

To find out if we can help you with your debts, please fill in the form below.

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The solution described above is in reference to the Personal Insolvency Act 2012.