News | Debt Plan Ireland

By: Debt Plan  05/12/2011
Keywords: Mortgage, credit card, Debt

The Latest of our monthly articles for You and Your Money magazine explores the real life consequences of debt.

Carol Coulter reports on the Court Service Annual Report which shows a dramatic increase in the number of cases involving debt and insolvency.

The Group launched the interim report today with positive recommendations calling on creditors to refer struggling clients to licenced Debt Management Companies. 

Today’s Sunday Business post reports on the newly formed Debt Management Assoctiation of Ireland which has been co founded by Debt Plan Ireland.

Debt Plan Ireland are delighted to announce the recent launch of The Debt Management Association of Ireland (DMAI) as a founding member.  Emmet Pullan has been appointed vice chairman of the association.

Report on the increase in mortgage arrears announced by the central bank

Today’s Irish Independent looks at a situation arising where consumers are prioritising credit card debt over their mortgage liabilities. Debt Plan Ireland were asked for comment on this issue.

There are concerns within the Financial Regulatory Authority in relation to the procedures and charges applied by some mortgage lenders when borrowers fall into arrears.

TV3 is highlighting the investigation in this evenings news at 5.30pm and Debt Plan Ireland spokesperson Mark Atkins has been interviewed for comment.

In today’s Sunday Times, Niall Brady looks at ways to ease the burden on families falling further into arrears.  Debt Plan Ireland are quoted in this article with reference to the inflexibility of the current credit reporting structure. 

Keywords: credit card, Debt, debt management, Mortgage

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Debt Management Plans | Debt Plan Ireland

Debt Plan Ireland will professionally set up and manage your plan by dealing directly with your creditors on your behalf. Simply call our dedicated consultants or complete the and we will guide you through the following simple steps:Step 1. A Debt Management Programme is an arrangement to pay your creditors at a level that you can afford. We will fully analyse your income and expenditure and each of your debts.