IRS - Ireland's No.1 PIP Practice 3.12

PERSONAL DEBT
Are you struggling with unsustainable debt?
Are your health and family relationships suffering as a result of debt issues?

New Personal Insolvency legislation was signed into law in December 2012 to resolve unsustainable personal debt problems in Ireland.

This new law has been designed to deal with:
Unsustainable personal unsecured debt (bank & credit union loans, credit card debt, etc.)
Unsustainable Mortgage Debt & Negative Equity (your home mortgage)
Buy to let Negative Equity and other secured debt
Other unsustainable personal debt

Contact us in confidence to arrange an appointment. The four Personal Insolvency mechanisms are:
A Debt Relief Notice (DRN – debts of €35,000 or less)
A Debt Settlement Arrangement (DSA – Unsecured Debt, with no upper limit)
A Personal Insolvency Arrangement (PIA – Secured Debt up to €3,000,000 and unlimited unsecured debt)
Bankruptcy - only available where a DRN, DSA or PIA won't work for you.

In a DSA and a PIA, your home and any assets necessary for your employment or trade are protected, with all unsustainable unsecured debt eliminated.

*** Negative equity is unsecured debt ***