Welsh group follows Irish model for tackling debt problems

SUCCESSFUL structures set up to address the problems of debt in Cork are to be copied by a Welsh organisation.

Representatives of the Debt Redemption and Money Advice (DRAMA) scheme, which is funded by the Welsh Coalfields Regeneration Trust, are this week visiting the MABS (Money Advice & Budgeting Service) and credit unions in Cork to establish new systems to tackle chronic debt.

Bill Hudson, a spokesman for the Welsh group, said the organisation was trying to match money advisors with credit unions to help get people out of chronic debt situations - as has been the case with Cork MABS which was founded as a pilot scheme by the late Brendan Roche in 1991.