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.
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.
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.
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.
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 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.
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.
THE NUMBER OF people in hospital with Covid-19 on Monday night fell to the lowest level since New Year’s Eve.
There were 494 patients in hospital at 8pm on Monday, the first time this number has fallen below 500 so far in 2021. It has also fallen significantly since a peak of 2,020 cases in mid-January.
Last night a further 359 new cases of Covid-19 were confirmed in Ireland, representing the lowest number of cases reported on a single day since mid-December.
On 23 February, Taoiseach Micheál Martin announced the government’s new Living with Covid-19 plan and confirmed that the current public health restrictions will remain in place until 5 April, when a further review will be carried out.
Ahead of the unveiling of the plan, Minister Michael McGrath told RTÉ’s News at One that “there can be no fourth wave coming to Ireland”, adding that “what we are doing now, we need to make sure that we are doing for the last time”.
In the North, Stormont’s First Minister Arlene Foster last night vowed that Northern Ireland must never return to lockdown after a cautious plan to ease restrictions was published.
So, today we want to know… Do you think this will be Ireland’s last Level 5 lockdown?
Patchy low clouds and fog
Max: 8 °C
Min: 3 °C
Rather cloudy and chilly
Max: 6 °C
Min: 4 °C
