Statistics will tell you that there are in the region of 30,000 households in mortgage arrears in Ireland. They will also reveal that the number of family home mortgages in arrears of 720 days or more rose by over 50%, from 19,541 in 2012 to 29,509 this year.
Thu, 15 Nov, 2018
An insolvency expert, who was involved in a landmark High Court debt case, has urged local authorities to avail of an underused government-backed initiative to help ease the mortgage arrears crisis.
Thu, 21 Apr, 2016
The state’s Money Advice and Budgeting Service (MABS) has rolled out a new service to help homeowners struggling with mortgage debt. The new dedicated mortgage arrears service will include the provision of court mentors at repossession sittings right across the country.
Wed, 23 Dec, 2015
Despite repeated acknowledgement that mortgage arrears is a serious issue for both the Government and the Central Bank, neither has made an appropriate response to the scale of the problem that will help people struggling with debt. We need an intervention that will even the balance between lender and borrower.
Thu, 03 Oct, 2013