New insolvency laws not 'rescue package for professional classes'

The head of the new Insolvency Service of Ireland says those engaging with the service won't be allowed to keep so called "trophy homes".

New insolvency laws not 'rescue package for professional classes'

The head of the new Insolvency Service of Ireland says those engaging with the service won't be allowed to keep so called "trophy homes".

It follows comments by an accountant that 'professionals' such as lawyers, doctors and accountants should be allowed to keep larger homes and cars as befits their status, even if they are living beyond their means.

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