Lorcan O’Connor:“We met many people who didn’t actually realise that they were, in fact, insolvent.”    Photograph: Eric Luke

Comments by the chief executive of the Insolvency Service of Ireland arising from its third-quarter statistics are more worrying than the abject failu(...)

Lorcan O’Connor, the director of the Insolvency Service of Ireland: ‘We want people to see that there is help available, that there’s no embarrassment in seeking it and no shame in taking it.’ Photograph: Eric Luke

Lorcan O’Connor has a mild manner, but the head of Ireland’s insolvency service shows just a hint of irritation when asked what has gone wrong with(...)

The director of the ISI Lorcan O’Connor said he was disappointed that the bank’s rejection rate was so high

Banks that “irrationally” reject realistic insolvency applications made by distressed borrowers will be named and shamed by the Insolvency Service of (...)

Research found many people are scrimping on food and prioritising bills but are too embarrassed to seek help - or don’t actually see themselves as insolvent. Photograph: Getty Images

Many people struggling with debt are still living below what is considered a reasonable living standard, according to the Insolvency Service of Irelan(...)

Kerry’s Liam Kearney and Gary Murphy of Cork tussle for possession in this year’s Munster Championship minor football final. Photograph: James Crombie/Inpho

MFC All-Ireland final Donegal v Kerry Croke Park, 1.15pmGAVIN CUMMISKEY It was uttered by a Donegal mother: “Tony’s motto all year was I can repeat m(...)

Just 124 insolvency deals were done under the auspices of the Insolvency Service of Ireland over the three months from the beginning of April until the end of June. That is not much more than one a day.

When the Insolvency Service of Ireland (ISI) came into being over a year ago, the then minister for justice, Alan Shatter, said it was the “light at t(...)

Irish Mortgage Holders’ Organisation  director David Hall said the Insolvency Service of Ireland’s “pathetic” figures were proof the new insolvency regime was “not working in a crisis that affects hundreds of thousands of citizens”.

The desperately slow progress of distressed mortgage holders seeking to use the State’s new insolvency regime to resolve their difficulties has been h(...)

The Director of the Insolvency Service of Ireland, Lorcan O’Connor. File photograph: Eric Luke / THE IRISH TIMES.

Just 124 deals on debt were done under the auspices of the Insolvency Service of Ireland (ISI) in the second quarter of 2014 according to figures p(...)

A law forum on mortgage arrears  takes place at Griffith College  tomorrow. Photograph: Peter Byrne/PA Wire
Forum on mortgage arrears

A law forum on mortgage arrears will take place at Griffith College Dublin tomorrow. The event, which will cover topics such as strategic defaulting, (...)

Richie Boucher, chief executive, Bank of Ireland: “We believe we’re adequately capitalised and appropriately capitalised for our business strategy but one can never be complacent.” Photograph : Matt Kavanagh / THE IRISH TIMES

Bank of Ireland chief executive Richie Boucher has defended the company’s tough stance on debt forgiveness. Mr Boucher, in an interview with Th(...)