Cork publican John Gaffney has €54m debt written off as part of Personal Insolvency Arrangement
High Court hears businessman invested heavily in pubs and property in years prior to property crash
Insolvency Service Ireland
Bankrupt developer Seán Dunne asks High Court judge to recuse himself from case, saying he is conflicted
Two judges have already withdrawn from hearing case due to conflict issue as Dunne seeks to challenge bankruptcy officials
Mortgages arrears review calls for lifting of €3m ceiling for insolvency deals
Report published by Minister for Finance notes there are still about 20,000 accounts behind on payments
Woman has €2.7m of €3m debt written off for just over €1,300
Arrangement over mostly the same loans is approved for woman’s husband by High Court
Bid to have former rugby player Brendan Mullin adjudicated bankrupt struck out
Mullin welcomes ‘satisfactory’ outcome in case over alleged €1.8m debt
Overwhelmed by your debts? Here’s your first step
There are many free services available to people if they feel overwhelmed about the level of their personal debts
Minister meets banks to discuss homeowners’ interest-rate challenge
Michael McGrath urges lenders to engage with customers as Insolvency Service deals with ‘increased demand’
Bankruptcy investigations netted €6m in hidden assets last year
Number of people declared bankrupt fell sharply in 2022
Man’s €1.1m debt written off for €857 under arrangement approved by High Court
Fergal Shine’s debts arose after failure of construction company during financial crisis
Corporate insolvencies up 22% with cost inflation and higher interest rates burdening firms
Figures from Deloitte indicate more than 145 business failures recorded in first three months of the year
Couple owed €134,000 by doctor win appeal against exclusion from debt settlement arrangement
Procedural flaws leading to approval of debt arrangement mean it cannot be allowed to stand, judge holds
Mortgage writedowns secured in up to 40% of formal debt deals
Insolvency service says mortgages typically written down by 15%-34% but has no data on informal deals
Live: AIB tells Oireachtas committee it offers ‘no special deals for special individuals’ on debt write-off agreements
Finance committee told settlements involving write-offs ‘consistent across the board’ as it questions bank about policy on debt forgiveness in wake of controversy over DJ Carey debt
DJ Carey debt: eye-watering write-off deals now common on Celtic Tiger loans
AIB’s settlement with Kilkenny hurling star is typical in High Court-approved personal insolvency arrangements
AIB defends debt deals following DJ Carey criticism
Majority State-owned bank addresses debt write-down for Kilkenny hurling star in circular to staff
Some 20,000 people in long-term mortgage arrears to be targeted in debt deals campaign
Those in arrears for years to be targeted with ads encouraging personal insolvency arrangements
Role of debt-collecting sheriffs to be reviewed
Review group led by Department of Justice and Revenue Commissioner to look at whether there is a ‘more efficient and cost effective system of debt collection’
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