Personal loans of €2.65 million owing by the 65-year-old woman to consumer lender Cabot Financial are being written off in exchange for a once-off payment of €1,432. Photograph: iStock

A Co Longford woman had €3 million worth of debt written off for a payment of €1,600 as part of a personal insolvency arrangement approved by the High(...)

Over 120 mortgage debt cases in just over an hour and a half at Tullamore Circuit court

A large proportion of the repossession cases which came before a registrar’s sitting of the Circuit Court in Tullamore, Co Offaly on Tuesday, were ini(...)

Sources said  Lone Star Funds used Start Mortgages, an Irish authorised credit retail firm it acquired from Investec in 2014, to bid for the AIB portfolio.  Photograph: Nick Bradshaw

The three final overseas bidders for a portfolio of up to €2 billion of non-performing AIB loans filed final bids by a deadline on Monday, using Irish(...)

The former Permanent TSB loans comprised a subprime mortgage business, known as Springboard, which the bank sold in 2014 as it shed unwanted assets. Mars Capital paid about €250 million for the Springboard loans. Photograph: Alan Betson

One of the biggest overseas buyers of Irish mortgages following the banking crisis, Mars Capital, is poised to refinance €332 million of former Irish (...)

Lone Star will tap international debt markets to refinance hundreds of millions of euro of former Bank of Scotland (Ireland) and Start Mortgages home loans.

Private equity firm Lone Star is poised to tap international debt markets to refinance hundreds of millions of euro of former Bank of Scotland (Irelan(...)

Helen Dixon: “Other privacy regulators in Europe now are asserting jurisdiction over Facebook in certain cases.”  Photograph: Cyril Byrne / THE IRISH TIMES

Engagement with Irish-based multinationals such as Facebook and LinkedIn remains a “constant task for vigilance” and engagement on the new products a(...)

An AIB spokeswoman said “in all cases the bank seeks a non-legal resolution and implementation of a consensual debt restructuring with borrowers”. Photograph: Bryan O’Brien

AIB, the State-owned bank, is twice as likely as its main rival, Bank of Ireland, to pursue its customers through the courts over unpaid debts, accord(...)

Sub-prime lender Start Mortgages expanded agressively during the boom but was hit by the bust. It reported a loss of €26mn in the year to March 31st 2014.

Investec is to sell its Irish sub-prime mortgage arm Start Mortgages to private equity firm Lone Star Funds for an undisclosed sum. The sale was initi(...)

Claire and Martin O’Sullivan at home in Kanturk. Photograph: Eamonn Keogh/ MacMonagle

A group campaigning against home repossessions has lodged an appeal in the High Court seeking a stay against the eviction of a family from their home(...)

Supporters outside the home of Claire and Martin O’Sullivan

A couple yesterday spoke of their fear and anxiety as they and their three young children face eviction from their family home despite making an offe(...)

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