In the Bill, the discharge term for bankruptcy is reduced from three years to one year. Photograph: Getty Images

Legislation before Cabinet on Tuesday to reduce the term of bankruptcy to one year would be “the single most positive thing” the Government h(...)

Lorcan O’Connor, director of the ISI, expects activity to increase over the rest of the year. ( Photograph: Eric Luke / THE IRISH TIMES)

There was a significant reduction in demand for debt restructuring during the third quarter of 2015, with figures from the Insolvency Service of Irel(...)

Permanent TSB charged 1,372 customers the wrong rate from 2006 onwards. Photograph: Alan Betson

The Central Bank has decided to launch an in-depth investigation of mortgage tracker lending by Irish banks following the recent scandal with Permane(...)

The clerk of the finance committee wrote to Central Bank governor Patrick Honohan requesting investigation of ‘all banks that had tracker products to establish if customers were overcharged’. Photograph: Matt Kavanagh

The Oireachtas finance committee has asked the Central Bank to investigate all Irish banks to determine if they have overcharged customers or incorrec(...)

AIB, Bank of Ireland, KBC, Permanent TSB and Ulster Bank have agreed to provide €2 million a year between them over the next three years to fund StepChange’s service. Photograph: Thierry Roge/Reuters

UK charity StepChange plans to offer a free and independent debt advisory service in Ireland from November 16th after securing €6 million in funding (...)

 PTSB recently put in place a   financial redress scheme relating to its “failure” to offer a tracker interest rate for some 1,370 mortgage account holders who came off fixed rates from 2006 onwards.   Photograph: Alan Betson

Some mortgage customers of State-owned Permanent TSB have been informed that the majority of the money they are owed from the bank’s failure to offer (...)

The Irish Mortgage Holders Organisation has written to 4,200 AIB account holders to encourage them to “come forward” if they believe they were “denied their contractual right” to a tracker mortgage after their fixed interest rate periods had expired

The Irish Mortgage Holders Organisation has written to 4,200 AIB account holders to encourage them to “come forward” if they believe they were “denied(...)

Jeremy Masding, chief executive of Permanent TSB, at a press conference in Dublin yesterday after a Central Bank investigation revealed that serious failures by PTSB led to people losing their homes. At the top of Mr Masding’s speech is a handwritten note (inset) that says: ‘Serious, controlled, no smile.’ Photograph: Brian Lawless/PA

Here we go again. Yet another banking scandal but this time it can’t be blamed entirely on the shabby practices of the pre-crash era. The holders of (...)

Cyril Roux, the Central Bank’s deputy governor for financial regulation:  “imperative that firms have proper systems and controls in place” to ensure lenders are delivering appropriate solutions for consumers.    Photograph: Dara Mac Donaill/The Irish Times

Seven mortgage lenders in Ireland have been found to be in breach of the Code of Conduct on Mortgage Arrears (CCMA) following inspections by the Ce(...)

The O’Connor Family at home in Tallaght (from Left) Scott (10), Sophie (15), Stacey (8) and their father, Daniel O’Connor. Photograph: Nick Bradshaw

Danny O’Connor (40), whose young wife and the mother of his three children died seven years ago, has just been served with notice that their home in K(...)