Bankruptcy may be an insolvency solution for you if your debt is over €20,000.
May be an option for you if it is unlikely that you can repay your debt within 3 years.
A facility where part of the debt is written off and part of it is repaid during a time period.
A Personal Insolvency Arrangement (PIA) covers both secured and unsecured debts.
Criteria
If you cannot pay your debts as they fall due, you are insolvent.
If you have unsecured debt, such as credit card loans or car loans, a Debt Settlement Arrangement (DSA) may be the solution. It is a facility whereby part of the debt is written off and part of it is repaid during a specific period of time.
Advice
For a free, confidential discussion about your debt and to potentially apply for a Debt Settlement Arrangement (DSA), contact us today at +353 (0)1 436 6441.
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