There is a range of Personal Insolvency solutions available in Ireland that all help deal with different kinds of debt. Browse the solutions below or contact us to find out your options.
A Personal Insolvency Arrangement (PIA) is a formal debt solution that is designed to help protect your home and deal with unsecured debts, by way of restructure, to make room for affordability. There are several different approaches to how this can done, depending on your circumstances. Remaining unsecured debts are written off on successful completion.
If you cannot afford your mortgage payments, are facing arrears or repossession or missing debt repayments, then PIA might be a suitable solution for you.
Click the button to find out more about a PIA, or contact us for a free and confidential consultation.
A Debt Settlement Arrangement (DSA) is a formal solution that addresses unsecured debts, such as credit cards, loans, overdrafts etc... In a DSA, your affordable repayments are negotiated with your creditors. Any remaining unsecured debt is written off on completion.
If you are struggling with debts similar to that mentioned above, then a DSA might be a suitable option for you.
Click the button to read more about a DSA, or contact us for a free and confidential consultation and we will advise on your options.
A Debt Relief Notice (DRN) is a formal solution designed to help people who cannot afford to pay their unsecured debts, are on a low income and have little to no assets. A DRN is sometimes referred to as a form of 'mini-bankruptcy'. A DRN usually lasts for about 3 years and debts are written off on completion.
If you meet the criteria above and your total debts do not exceed €35,000, then a DRN might be a suitable solution for you.
Click the button to find out more about a DRN, or contact us for a free and confidential consultation today.
Bankruptcy is a formal procedure that deals with unaffordable secured and/or unsecured debts over the amount of €20,000. It is usually considered as a last resort option and you have to investigate the other available Insolvency solutions, before you can go down the Bankruptcy route. Bankruptcy usually lasts for one year and debts are written off on completion.
If you cannot repay your debts and the other insolvency solutions are deemed unsuitable for you, then Bankruptcy might be your only remaining option.
Click the button to read more about Bankruptcy, or contact us for a free and confidential consultation and find out your options today.
There are situations where a formal insolvency solution, such as bankruptcy or a structured insolvency procedure, may not be necessary to address financial difficulties. In some cases, an informal arrangement with creditors may be more suitable, allowing you to manage your debts without the formalities and potential limitations of insolvency proceedings. Informal arrangements often provide the flexibility to negotiate directly with creditors, offering a tailored approach that may involve partial debt repayment, an extended timeline or a plan to sell assets in order to discharge creditors in full.
We take a comprehensive approach, assessing your financial circumstances and exploring all available options. Our experienced team carefully evaluates the advantages and disadvantages of both formal and informal solutions, ensuring that you understand the best course of action for your situation. By focusing on a customised strategy, we can often help you achieve debt relief through informal agreements when possible. Click the button and fill in the form for free and confidential advice on your options..
If you are experiencing difficulty with debt (secured or unsecured), but aren't sure what to do about it, then you might like some general advice. Our experienced advisors provide a listening ear and expert advice, so you can gain some clarity on how to deal with the situation.
This service is completely free of charge and will give you the knowledge required to make a suitable choice. If we cannot help you with any of our solutions, we will signpost you to an appropriate provider or charity that can help, such as the Money Advice and Budgeting service (MABS).
Click the button and fill in the form for free and confidential advice on your options..
We’re often asked by professionals—such as accountants, solicitors, and MABS advisors—“How can I refer my client?”
If you’re working with someone who could benefit from our support, simply use the referral form linked below.
Once submitted, we’ll begin assisting your client right away. They’ll receive a free and confidential consultation to help them make an informed decision about managing their debts. We’ll work with you both with a view to supporting your client in finding a path forward.
If you have any questions or need further information, please don’t hesitate to get in touch. We’re here to help.
