- Jan 22, 2011
… on air at the slightly earlier time of 22:49 tonight
Niamh Lyons, Political correspondent Irish Daily Mail https://twitter.com/niamh_lyons
Mary Lou McDonald, SF TD Dublin Central https://twitter.com/MaryLouMcDonald
Peter Mathews, FG TD Dublin South https://twitter.com/pbmathews
The Government today launched a personal insolvency service which introduces new arrangements for struggling borrowers to reach agreement with their creditors. Insolvency Service of Ireland (ISI), the new State agency, will be in a position to begin accepting applications at the end of June. Debtors will face spending limits.
There will be three different debt solutions that will depend on the amount of debt involved; individual circumstances and whether there is a mortgage, and if the debt is secured or unsecured.
* The Debt Relief Notice (DRN) is for debts up to €20,000;
* the Debt Settlement Arrangement (DSA) is for unsecured debts of no limit;
* the Personal Insolvency Arrangement (PIA) is for unsecured and secured debt.
So how far will this go to helping out those who need help with their finances? Tonight’s show - with an excellent panel - gets to grips with the solutions … Good show tonight predicted …
Personal insolvency options
Insolvency Service to accept applications by June - RTÉ News
Personal Insolvency Ireland
The Insolvency Service of IrelandHome
Suzy Byrne, Disability campaigner https://twitter.com/suzybie
Kevin Doyle, News Editor The Herald https://twitter.com/KevDoyle_Herald
Previous #VINBs: http://www.politics.ie/forum/backstage/209503-vinb-wed-17-4-2013-judicial-row.html
Check the OP on http://www.politics.ie/forum/backstage/209464-vinb-tue-16-4-2013-croke-park-2-rejection.html for background on Croke Park 2.