Court approves PIA allowing woman to write off €3.7m in debt

Under the terms of the PIA approved on Monday by Mr Justice Alexander Owens, 59-year-old Winifred Swaine will retain her home at Athena Lodge, Knocknacarra Lodge, Salthill in Co Galway.

The High Court has approved a Personal Insolvency Arrangement that allows a County Galway-based secretary to write off approximately €3.6m of debt she owes to financial institutions.

Under the terms of the PIA approved on Monday by Mr Justice Alexander Owens, 59-year-old Winifred Swaine will retain her home at Athena Lodge, Knocknacarra Lodge, Salthill in Co Galway.