High Court approves debt write-offs worth millions owed mostly to financial firms

The three cases ruled on involved more than €8.5m in debts

Some of the creditors included Everyday Finance, Cabot Finance, Pepper Finance and Start Mortgages. File photo: iStock

Debt settlement arrangements allowing people who got into financial difficulties to write-off millions of euro worth of unsecured debt mainly owed to financial firms have been approved by the High Court.

On Monday, Mr Justice Alexander Owens approved the unrelated arrangements.