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Wednesday 23 September 2020
They will continue to make payments on the mortgages on their respective homes and they will each make lump sum payments of €100.
Financial fund Tanager DAC, which is owed €2.26m by the couple, is opposed to the couple being allowed to enter PIAs
Legal and financial experts say there are ways they can help – especially if people come to them at an early stage.
Fine Gael has been on Twitter and Facebook, promoting a set of claims about its role in the fall of mortgages in arrears. Do they check out?
A new scheme will also be offer free advice from personal insolvency practitioners.
A Fianna Fáíl bill to remove the bank veto in insolvency arrangements is being opposed by the coalition this evening.
The Department of Justice briefed on the issue reports The Sunday Times.
Strict new Covid-19 measures are now in effect in the capital – here’s what they mean for you.
In the first three months of the ISI’s existence, it was inundated with calls and emails.
The new procedures reduce the term of bankruptcy in Ireland from 12 years to three.
What is debt, and why do we all buy into this debt culture? Jillian Godsil discusses her own financial problems and the unsustainable status quo of modern Ireland.
In the first 20 deals, one quarter voluntarily handed the keys to their property over to the bank.
Under the new laws the period of bankruptcy will be reduced from 12 to three years.
Today everyone’s been talking about the first personal insolvency case being completed, a bomb in Belfast city centre and hate mail directed at Irish Muslims.
According to the statistics section of the ISI’s website, there were almost 7,500 contacts made to to the ISI either by email or telephone up to the end of October.
Dublin has the highest number of PIPs, followed by Cork and Galway.
The former trader’s new book tries to help people tackles debt and find a path through the stress and complexities of dealing with financial institutions.
This autumn will see a new personal insolvency system coming into effect that will put mortgage holders in arrears in a far stronger bargaining position with the banks, writes Ross Maguire SC.
The Personal Insolvency Service is due to come into effect in the coming weeks, so what do you need to know about making an application? Stephen Curtis lets you know.
The Taoiseach also faced questions about the role of public interest directors at Irish banks.
Fianna Fáil want limits on how often – and how – financial institutions can contact indebted mortgage holders while CAP reform debate is sure to rile the agricultural community.
Finance Minister Michael Noonan has pointed out that debtors availing of a personal insolvency arrangement will see the cost of their fees borne by those who they owe money to.
Remember David Norris’s impassioned speech on possible Seanad abolition last week? Guess what’s back on the cards today…
The government has appointed six country registrars to the new positions in the Circuit Court.
Breaking via The Mire wire: making it easier for everyone to be insolvent; Alan Shatter’s beliebers; Quinnsolvency and waking up the Troika in the middle of the night…
The spending guidelines set a limit of around €900 for a single person and roughly €1,400 a month for a family with children.
Fianna Fáil and Sinn Féin have both queried the amount of power left in the hands of the banks in the insolvency regime which was unveiled today.
Good morning! Here are the nine things you need to know as you kick off your Thursday.
Fianna Fáil has called on the government to publish the guidelines immediately.
The Dáil debated a Fianna Fáil-proposed private members’ motion on the mortgage arrears crisis tonight but it was easily defeated by the government’s majority.
Fianna Fáil’s legislation would also create an independent Mortgage Resolution Office with the power to make binding orders.
129 people travelled in 2012, compared to just 69 in 2011. Just 35 people were declared bankrupt in Ireland in 2012.
The bank said today it has built up a staff of 300 people dedicated to supporting customers in difficulty.
The moves are outlined in a Bill published this afternoon which amends the Property Tax scheme before it begins in July.
Enda Kenny told the Dáil that he was not happy with the banks’ level of resolution of cases where customers are in mortgage arrears.
The Troika has raised concerns about the effectiveness of the new personal insolvency law that is aimed at helping the country’s many distressed mortgage holders.
The bank has defended its attitude to the new personal insolvency law after Alan Shatter said comments by its public interest director and former Tánaiste Ray MacSharry were “seriously out of touch”.
The Justice Minister has said that the personal insolvency bill will be enacted through both Oireachtas houses by 20 December and will become operative next year.
Enda Kenny said that the personal insolvency legislation coming in next year would help those in mortgage distress as yesterday’s comments from the Central Bank’s Fiona Muldoon dominated proceedings in the Dáil.
John Moran tells the Irish Bankers’ Federation that merely not calling in debts won’t cut it – they need to be removed totally.
The Minister for Justice says wedding jewellery could be deemed an asset when people seek debt relief. What do you think?
IT’S A QUESTION that has been asked throughout the pandemic, but which has been raised again recently after the Oliver Bond Street party – would you call the Gardaí on your neighbours if you saw they broke Covid-19 restrictions on mass gatherings?
In the UK, junior minister for policing Kit Malthouse suggested that people should report their neighbours to the police if they’re concerned about gatherings that break the rules.
At the moment, Dublin is at Level Three which means that you can have visitors from one other household to your home or garden; while the rest of the country is at Level Two, which means you can have six visitors from up to three households to your home or garden.
So we’re asking you: Would you call the Gardaí if you saw your neighbours break Covid-19 restrictions on gatherings?
Poll Results:
Share your story: voices@thejournal.ie
A shower in the morning; partly sunny
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Partly sunny and breezy with a shower
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