Tag: arrears

Mortgage advice initiative will help find solutions for distressed mortgage holders

Fine Gael Dublin North TD Alan Farrell has welcomed the announcement by the Minister for Social Protection, Joan Burton TD, that free, independent professional financial advice will be provided to borrowers in mortgage distress. The initiative, which is being funded by the banks and other lending institutions, will involve the provision of advice to distressed mortgage holders by accountants from…

Personal Insolvency Bill will help those struggling with unsustainable debt to find a way out

Fine Gael Dublin North TD Alan Farrell has welcomed the publication of the new Personal Insolvency Bill 2012, which will fundamentally reform insolvency laws in Ireland and provide a lifeline for those who are struggling with unsustainable debts. “This Bill will radically change the face of insolvency law in Ireland and will provide a workable solution for those struggling to…