Customers not meeting the terms of agreed restructuring arrangements will be required to complete standard financial statements if seeking payment breaks, PTSB said. Photograph: Alan Betson

Permanent TSB is holding back from offering mortgage holders already in arrears the full standard three-month mortgage payment break that banks in the(...)

The High Court was told Start Mortgages would receive 35 cent for every euro of debt owed under the personal insolvency arrangement but 31 cent in the euro if former builder Eugene O’Connor was made a bankrupt.

A former Meath builder has had debts of €1.6 million written off in a personal insolvency agreement approved by the High Court that will keep him and (...)

Frank McNamara and Theresa Lowe were carrying debts totalling €3.7 million. File image: Collins Dublin/Gareth Chaney

Anyone thinking that the €2.9 million debt write-off approved for former RTÉ celebrities Theresa Lowe and Frank McNamara is only for high-profile appl(...)

There is a legal mechanism that can work through the worst cases - and keep people in their homes. Photograph: iStock

Repeated warnings about a “tsunami” of home repossessions - long threatened, but yet to arrive - has raised doubts about the scale of this legacy prob(...)

Theresa Lowe and Frank McNamara are seeking to have almost €3 million of their total debts of €3.7 million written off, including the bulk of Tanager’s €2.2 million debt.  Photograph: Tom Honan

The judge was not happy. A “vulture fund” that had bought bad mortgages from banks questioned the legality around how a couple went about seeking a re(...)

The Four Courts in Dublin

A financial fund is objecting to a proposed personal insolvency arrangement under which a businessman would secure a €70m write-off of debt. Conor Cla(...)

Sale of the €3.7 billion “Project Glas” loan portfolio  has generated public outrage over the likelihood loans will end up in the hands of a so-called vulture fund.

Cathal and Cathy Dunne, like tens of thousands of others during the recession, fell into dire money problems and struggled to repay their mortgage. To(...)

Permanent TSB, which is 75 per cent State-owned, said it plans to sell about €3.7 billion worth of loans. Photograph: Nick Bradshaw

Banks would be under less pressure to sell large portfolios of bad mortgages had they dealt with distressed borrowers earlier, the head of the State’s(...)

The borrowers have unsecured debt, a mortgage and a buy-to-let property.

The first protective certificate for a personal insolvency case involving mortgage debt has been issued by the courts..It emerged today that the case (...)