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Dublin: 3 °C Sunday 23 November, 2014

#Debt forgiveness

# debt-forgiveness - Thursday 22 May, 2014

From Business ETC Ireland got ‘stuffed’ on banking debt – Martin Wolf Debt Hangover

Ireland got ‘stuffed’ on banking debt – Martin Wolf

The Financial Times columnist says that the eurozone is being run for “the benefit of creditors”.

# debt-forgiveness - Thursday 15 May, 2014

From Business ETC Irish mortgage arrears tracked by Fitch are higher than ever Payment Problems

Irish mortgage arrears tracked by Fitch are higher than ever

A new report from Fitch also says that price rises in Dublin are fleeting.

# debt-forgiveness - Tuesday 13 May, 2014

From Business ETC Call for SME debt forgiveness to drive recovery Forgive And Forget

Call for SME debt forgiveness to drive recovery

With the market in Ireland dominated by large companies, small business needs to shed the burden of debt and innovate to compete.

# debt-forgiveness - Wednesday 18 December, 2013

From Business ETC Column: Our lack of willingness to promote transparency is damaging developing countries Opinion

Column: Our lack of willingness to promote transparency is damaging developing countries

Ireland cannot give with one hand to developing countries while facilitating tax avoidance at the same time, writes Morina O’Neill.

# debt-forgiveness - Wednesday 5 June, 2013

Column: The UK will continue to be a far friendlier place for those drowning in debt

The new Personal Insolvency Act may work for some but it’s deficient for a sizeable portion of distressed borrowers, writes Ronan Coburn.

# debt-forgiveness - Friday 1 February, 2013

Interview: ‘People have had enough, debt write-down is the only solution now’ – Nick Webb

Do our politicians have it in them to say no more, asks writer and journalist, Nick Webb, who gives his ideas on what should be top of the politician’s to-do list.

# debt-forgiveness - Thursday 13 October, 2011

Poll: If you were/are in mortgage arrears would you be in favour of renting your home? Your Say This post contains a poll

Poll: If you were/are in mortgage arrears would you be in favour of renting your home?

Following the recommendations of a report published yesterday on mortgage arrears, we’re asking for your say on the suggestion that the state takes ownership and rents the house back to its former owners.

# debt-forgiveness - Wednesday 12 October, 2011

Take 5: Wednesday

5 minutes, 5 stories, 5 o’clock…

Report rules out blanket debt forgiveness on mortgages

Under proposals contained in the report, struggling homeowners would give up their houses but be allowed to rent them back from State bodies or local authorities.

Keane report on mortgages to be published

The Taoiseach has reaffirmed that there will be no blanket write-off for mortgage holders in arrears.

# debt-forgiveness - Monday 5 September, 2011

Take 5: Monday

5 minutes, 5 stories, 5 o’clock…

Negative equity should not mean debt forgiveness – Rabbitte

The communications minister says “blanket debt forgiveness” is not an option, but that banks should write off loans where there’s a genuine inability to pay.

# debt-forgiveness - Sunday 4 September, 2011

Mortgage defaults ‘could cost banks up to €10bn’ – FF

Michael McGrath believes the ‘worst case scenario’ that went into the stress tests is now a reality – and it’s going to get worse.

# debt-forgiveness - Thursday 1 September, 2011

From Business ETC Michael Noonan: “No magic bullet” for mortgage debt relief Finance

Michael Noonan: “No magic bullet” for mortgage debt relief

Finance Minister lays out the challenging state of the economy at Oireachtas Finance Committee – but says public finances “remain on track”.

# debt-forgiveness - Wednesday 31 August, 2011

Take 5: Wednesday

5 minutes, 5 stories, 5 o’clock…

From Business ETC Banks’ capital cannot be ‘frittered away’ – Noonan Debt Forgiveness

Banks’ capital cannot be ‘frittered away’ – Noonan

Finance Minister Michael Noonan said this morning that banks need to distinguish between those who can’t pay and those who will not pay their mortgages.

# debt-forgiveness - Tuesday 30 August, 2011

Take 5: Tuesday

5 minutes, 5 stories, 5 o’clock.

Govt rules out blanket debt forgiveness – but Noonan says banks can write off mortgages

The Department of Finance says there’s no “one-size-fits-all” solution – but the Minister says banks can afford to absorb some losses.

The 9 at 9: Tuesday

Nine things you should know this morning…

# debt-forgiveness - Monday 29 August, 2011

From Business ETC One in 14 mortgages in 90 days’ arrears Mortgages

One in 14 mortgages in 90 days’ arrears

Pressure grows for a general debt amnesty as new Central Bank figures show 7.2 per cent of mortgages to be in arrears.

From Business ETC Claims for mortgage supplement now five times higher than in 2007 Mortgages

Claims for mortgage supplement now five times higher than in 2007

The number of people receiving the Mortgage Interest Supplement is almost 2.5 times higher now than it was in 2008.

# debt-forgiveness - Sunday 28 August, 2011

The Daily Fix: Sunday

In your Sunday Fix: Joan Burton has strong words for the banks; the latest on the storms hitting the US east coast; John Halligan on the presidency; and glory for the Boys in Blue…

Burton calls on banks to do more for struggling mortgage holders

The Minister for Social Protection said that banks and mortgage institutions were not doing enough for people in financial difficulty.

The 9 at 9: Sunday 9 At 9 This post contains videos

The 9 at 9: Sunday

Everything you need to know as you ease yourself into Sunday morning…

# debt-forgiveness - Monday 22 August, 2011

Column: Time to think outside the box on Irish banks

Amid calls for Irish investors overseas to direct their funds closer to home, Nick Leeson says the idea of reversing NAMA loans back to banks is well worth considering.

# debt-forgiveness - Sunday 21 August, 2011

From Business ETC Writing off mortgage debt is an “emergency” need Mortgage Debt

Writing off mortgage debt is an “emergency” need

Chorus of calls for Government to organise a mortgage debt relief scheme for worst-off householders builds to crescendo – and now a government junior minister is backing it…

# debt-forgiveness - Friday 19 August, 2011

The 9 at 9: Friday

Nine things to know this morning…

# debt-forgiveness - Monday 11 July, 2011

From Business ETC Couple’s €200k mortgage write-off ‘wasn’t unusual’ – insider Mortgages

Couple’s €200k mortgage write-off ‘wasn’t unusual’ – insider

Irish mortgage lenders are secretly agreeing huge reductions when borrowers cannot repay, an industry source tells TheJournal.ie.

# debt-forgiveness - Monday 13 June, 2011

Column: We must seize the day when Greece defaults, warns Nick Leeson

Economic crunch time for the Greeks will be a golden opportunity for Ireland, the former bond trader writes.

# debt-forgiveness - Thursday 26 May, 2011

G8 talks to focus on support for Arab nations G8

G8 talks to focus on support for Arab nations

The G8 are expected to combine their economic powers to back the grass-roots democracy movements that have swept the Arab world – as well as discussing Japan’s nuclear crisis and internet regulation.

# debt-forgiveness - Friday 13 May, 2011

Former nightclub tycoon understands people being driven to suicide by debt

Robbie Fox was speaking after comments by the Master of the High Court yesterday in which he said banks’ aggressive actions in pursuing some loans had driven some borrowers to suicide.

The 9 at 9: Friday

Nine things you need to know by 9am: No debt forgiveness for struggling homeowners; NAMA gives a painting to the state (but holds onto an entire collection), and we know it hurts but – is childbirth really a “murderous” experience?

# debt-forgiveness - Wednesday 11 May, 2011

Master of the High Court calls for debt forgiveness

A senior administrator of the courts system complains that banks are too aggressive in pursuing their loans.

# debt-forgiveness - Thursday 14 April, 2011

Poll: Should banks write off unpaid mortgage debt? Your Say This post contains a poll

Poll: Should banks write off unpaid mortgage debt?

AIB has said debt forgiveness may be an option for troubled mortgage holders; but Bank of Ireland says it’s not. What do you think?