10 people a day seek help with insolvency

A company offering debt solution services under the personal insolvency legislation has said it is receiving 10 calls a day from people seeking advice on entering the scheme.

Grant Thornton Debt Solutions said it had entered its first 20 applications for protective certificates (PC) to the Insolvency Service of Ireland.

It said it had other cases in the pipeline and revealed that of the 20 applications already made — and which have yet to be approved — 85% related to families with children.