There is a report in the newspapers this morning about a man whose personal insolvency arrangement has been approved by the High Court. The man is having €3M of debt written off on the sale of three properties and the payment of €8,000. He is to retain his family home with the mortgage being restructured… Continue reading Man writes off €3M debt with creditors getting .07% under PIA
Tag: personal insolvency arrangement
Fighting Pepper, vulture funds and so-called mortgage prisoners
I made a video recently about the decision of the Circuit Court Judge in Tullamore in a Personal Insolvency Arrangement case. The decision forced Pepper Mortgages to agree to a very much reduced mortgage rate for the hard-pressed borrowers and may, if not reversed, be a hugely significant decision for those who are struggling with… Continue reading Fighting Pepper, vulture funds and so-called mortgage prisoners