Judge refuses to approve plan which would allow family to stay in €1m home

A High Court judge has refused to approve proposed personal insolvency arrangements for a couple aimed at allowing their family remain in a five bedroom detached home, valued at €1m in 2018, in a "gated" community outside Dublin.

Allen and Elizabeth Nuzum had argued, although their home's 2018 value exceeded their debt to Promontoria Aran Ltd by €290,000, that was not enough for a suitable alternative property for themselves, their four young children and an au pair.