Government-funded service to help borrowers in loan arrears

Justice Minister Frances Fitzgerald has announced a new government-funded scheme to help people who are insolvent and in mortgage arrears to access independent expert financial and legal advice.

A number of government agencies will be involved, including the Money Advice and Budgeting Service (Mabs), the Legal Aid Board, the Insolvency Service, and the Citizens’ Information Board.

The scheme will be co- ordinated by the Department of Justice and Equality and the Department of Social Protection.