Minister for Finance Michael Noonan: the changes he announced will hopefully have a ‘positive impact on the mortgage arrears problem in Ireland’, said  chief executive of  Irish Brokers Association Ciaran Phelan.  Photograph: Gareth Chaney Collins

There has been a broadly positive response to the Government’s announcement of a major overhaul of the State’s insolvency system. However there is dis(...)

Following adjudication, the Official Assignee takes control of the estates of  applicants declared bankrupt. File photograph: Getty Images

A dozen people were adjudicated bankrupt on Monday at the High Court.Ms Justice Caroline Costello made 12 adjudications, having read in advance the re(...)

It is amazing how the fortunes of Permanent TSB have changed in the past six months

It’s amazing how the fortunes of Permanent TSB have changed in the past six months.Last October, the bank was fingered by the European Central Bank’s (...)

Mortgage arrears service at KBC Bank. Photograph: Bryan O’Brien

Finance Correspondent KBC Bank Ireland and the Irish Mortgage Holders Organisation (IMHO) have agreed to extend their initiative to provide advice and(...)

The IMHO’s proposals will probably prove too radical for the Government but changes will be made. Photograph: Thinkstock

When it comes to home loan arrears, the Irish Mortgage Holders’ Organisation (IMHO) has been an effective advocate for those who are behind with their(...)

Plan involves local authority supplements to prevent 25,000 home repossessions. Photograph: Thinkstock

The Irish Mortgage Holders’ Organisation wants the Government to introduce a State-sponsored split mortgage that would allow local authorities to su(...)

 Gerry O’Boyle, of Land League West, at repossessed houses in Hazel Downs Estate, Ballyhaunis, Co Mayo. Photograph: Keith Heneghan

‘You see up there?” says Gerry O’Boyle, on a road outside Kiltimagh, Co Mayo. He points to a jeep blocking a driveway that leads up to a modest far(...)

The lack of action on buy-to-let arrears sits starkly against a background of  reduced supply, rising prices, and a dearth of social housing

A combination of rising property prices and increased pressure from the Central Bank to sort out arrears is expected to result in a significant num(...)

In an exclusive podcast interview with The Irish Times, Chris Lehane, the official assignee in bankruptcy, said there were 448 cases of people being adjudicated bankrupt in 2014 and this would “easily” double this year given that his office is receiving between 20 and 30 applications a week.

The number of people who will be declared bankrupt in Ireland this year will at least double, according to the head of the State’s bankruptcy office.I(...)

The Central Bank in publishing last month the latest statistics on residential mortgage arrears presents a worrying picture. Six years after the onset(...)