Insolvency regime tackles €3.75bn debt to protect homes

The Insolvency Service of Ireland (ISI), which oversees the country’s new debt resolution procedures for the thousands of households still facing debt, said its latest figures show that the new regime has so far helped people struggling with an aggregate of €3.75bn in debt.

Insolvency regime tackles €3.75bn debt to protect homes

The Insolvency Service of Ireland (ISI), which oversees the country’s new debt resolution procedures for the thousands of households still facing debt, said its latest figures show that the new regime has so far helped people struggling with an aggregate of €3.75bn in debt.

The latest report covers the three months to the end of September and shows that there is a “continuing take-up of the newly introduced alternative solutions to bankruptcy” which is helping keeping people in their family homes, the ISI said.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited