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Dublin: 5 °C Monday 11 November, 2019

#Debt

From TheJournal.ie Ulster Bank sells portfolio of 3,175 mortgages to Pepper Sold

Ulster Bank sells portfolio of 3,175 mortgages to Pepper

There are 2,800 home loans and 375 buy-to-let loans included in the portfolio.

From TheJournal.ie High Court writes off over €6 million in debt owed by retired garda and his wife Insolvency

High Court writes off over €6 million in debt owed by retired garda and his wife

A lump sum of over €40,000 from family members will go towards the funding of the arrangements.

From TheJournal.ie Italy plunged into crisis as Prime Minister resigns after collapse of coalition with far-right Roman Ruins

Italy plunged into crisis as Prime Minister resigns after collapse of coalition with far-right

Giuseppe Conte’s resignation came under pressure from Matteo Salvini’s anti-immigrant League party, which has been soaring in opinion polls.

From TheJournal.ie 'The chances of a recession in Ireland are 100%', says NTMA Money Money Money

'The chances of a recession in Ireland are 100%', says NTMA

Ireland has paid €60 billion interest on its national debt over the last 10 years.

From TheJournal.ie 'History will judge this': Experts see little change in bank culture after scandals and protests Dragging Their Heels

'History will judge this': Experts see little change in bank culture after scandals and protests

People who are working every day with customers in arrears say lenders are still refusing to cooperate in any significant way.

From TheJournal.ie 'It's your job to call the vulture funds out': High Court Master pens letter to Micheál Martin Fair Mortgage Bill

'It's your job to call the vulture funds out': High Court Master pens letter to Micheál Martin

Edmund Honohan urged the Fianna Fáil leader to support a piece of legislation he wrote that is currently before the Dáil.

From TheJournal.ie Government says it's owed €475 million in social welfare overpayments Debt

Government says it's owed €475 million in social welfare overpayments

Minister Regina Doherty said a number of measures are taken to try to recover the monies owed.

From TheJournal.ie Irish Cancer Society calls on HSE to stop referring patients' debt to collection agencies Debt Collectors

Irish Cancer Society calls on HSE to stop referring patients' debt to collection agencies

The Irish Cancer Society is today publishing advice for patients on how best to deal with the charges.

From TheJournal.ie '95% stay in their own homes': Number of insolvency cases has risen by 60% Debt

'95% stay in their own homes': Number of insolvency cases has risen by 60%

The Insolvency Service of Ireland has welcomed the rise in people seeking help.

From TheJournal.ie HSE spent €600,000 last year on debt collectors to chase patients for unpaid bills Final Notice

HSE spent €600,000 last year on debt collectors to chase patients for unpaid bills

The Irish Cancer Society recently called for the government to abolish inpatient charges for cancer patients in the forthcoming Budget.

From TheJournal.ie 'I didn't need that additional fear': Hospital debt collectors 'causing stress' to cancer patients Bills

'I didn't need that additional fear': Hospital debt collectors 'causing stress' to cancer patients

The Irish Cancer Society has called for the abolition of inpatient fees in the next Budget.

From TheJournal.ie Examiner appointed to Bradley's Pharmacy Group Examiner

Examiner appointed to Bradley's Pharmacy Group

The firm is around €24 million in debt.

From TheJournal.ie Parents report going hungry over cost of sending their children to school Back To School

Parents report going hungry over cost of sending their children to school

Average back-to-school costs have risen at all levels since last year.

From TheJournal.ie Parents turning to moneylenders to cope with back-to-school costs Debt

Parents turning to moneylenders to cope with back-to-school costs

More than one-third of parents in Ireland say they are debt due to these costs.

From TheJournal.ie Eight years and three bailouts later, Greece's debt crisis is finally over We Made It

Eight years and three bailouts later, Greece's debt crisis is finally over

Greece’s economy has stabilised after being in turmoil for many years.

From TheJournal.ie Storm Emma caused higher levels of mortgage arrears as customers missed in-branch payments Debt

Storm Emma caused higher levels of mortgage arrears as customers missed in-branch payments

The number of accounts in arrears over 720 days has fallen but these cases still account for 41% of all accounts in arrears.

From TheJournal.ie Irish economy is growing substantially but Brexit 'poses major threat' Warning

Irish economy is growing substantially but Brexit 'poses major threat'

High levels of household and public debt are also concerning, the Central Bank has said.

Lily Allen admitted that she's currently in over €1.1 million worth of debt

The singer says her perceived wealth is used to delegitimise her anger about Grenfell.

From TheJournal.ie Police officer who strangled wife texted her to make it look like he didn't know she was dead Manchester

Police officer who strangled wife texted her to make it look like he didn't know she was dead

Darren McKie killed his wife after she found out he had applied for loans in her name.

From TheJournal.ie Minister 'confident' school building projects not in jeopardy after construction firm collapse Gone Bust

Minister 'confident' school building projects not in jeopardy after construction firm collapse

The Department of Education said school buildings in question are approximately 90% complete.

From TheJournal.ie Ireland gets approval for early repayment of €5.5 billion in bailout loans Repayment

Ireland gets approval for early repayment of €5.5 billion in bailout loans

Minister for Finance Paschal Donohoe has this will save Ireland €150 million over the remaining life of the loans.

From TheJournal.ie Poll: Should Ireland have a separate court to deal with mortgage arrears cases? Your Say This post contains a poll

Poll: Should Ireland have a separate court to deal with mortgage arrears cases?

Ten percent of home mortgage accounts in this country are in arrears.

From TheJournal.ie 'I'm not going anywhere': Lay litigants in uphill battle against banks and vulture funds Debt

'I'm not going anywhere': Lay litigants in uphill battle against banks and vulture funds

There are calls for the Legal Aid Board to relax its merits test so more families in debt can access professional representation.

From TheJournal.ie Poll: Do you expect to have a mortgage paid off before you retire? Your Say This post contains a poll

Poll: Do you expect to have a mortgage paid off before you retire?

A new poll suggests that nearly half of Irish people expect to still be paying off a property loan when they reach retirement age.

From TheJournal.ie Teens found guilty of stabbing man to death in broad daylight over 'relatively small' debt London
From TheJournal.ie Ireland to repay €5.5 billion of bailout loans early to IMF, Denmark & Sweden There You Go Now

Ireland to repay €5.5 billion of bailout loans early to IMF, Denmark & Sweden

Finance Minister Paschal Donohoe says IMF chief Christine Lagarde has approved the deal.

From TheJournal.ie 'I couldn’t imagine being able to afford loans of €20,000 for my degree' Debt

'I couldn’t imagine being able to afford loans of €20,000 for my degree'

Students in the UK are graduating with loans of £57,000, Labour says the same can’t happen here.

From TheJournal.ie Irish soldiers 'depend on loan sharks and welfare payments' to support their families At Breaking Point

Irish soldiers 'depend on loan sharks and welfare payments' to support their families

Family members gathered outside barracks all across the country today to highlight pay issues.

From TheJournal.ie 'The correction': Should the government forgive some of Ireland's mortgage debt?

'The correction': Should the government forgive some of Ireland's mortgage debt?

Iceland forgave a portion of mortgage holders’ debts in 2014.

From TheJournal.ie Remember the developers who 'exited Nama'? Most paid less than half their debts I O U

Remember the developers who 'exited Nama'? Most paid less than half their debts

51 out of 505 debtors that exited Nama paid 10% or less of their debts.

From TheJournal.ie FactCheck: Is Fine Gael right to claim the credit for a fall in mortgages in arrears? Factcheck

FactCheck: Is Fine Gael right to claim the credit for a fall in mortgages in arrears?

Fine Gael has been on Twitter and Facebook, promoting a set of claims about its role in the fall of mortgages in arrears. Do they check out?

From TheJournal.ie Boy, 14, jailed after being caught with 22 packets of cocaine and 9 packets of heroin Horror

Boy, 14, jailed after being caught with 22 packets of cocaine and 9 packets of heroin

The judge said during his hearing, “It certainly comes across to me that he is a dealer.”

From TheJournal.ie Ireland's local authorities are over €4 billion in debt In The Red

Ireland's local authorities are over €4 billion in debt

Minister Simon Coveney says he doesn’t believe that any of the loans are unsustainable.

From TheJournal.ie One of the country's top golf courses, Druids Glen, has gone into examinership Newtownmountkennedy

One of the country's top golf courses, Druids Glen, has gone into examinership

Druids Glen says despite the court proceedings it will be a case of “business as usual” at the course.

From TheJournal.ie Irish households are the third most indebted in the EU Household Debt

Irish households are the third most indebted in the EU

The Central Bank says this ranking is in spite of a significant decline in the ratio of household debt to disposable income.

From TheJournal.ie Vulture funds pick and peck and they're not finished yet Opinion

Vulture funds pick and peck and they're not finished yet

The vultures arrived in Ireland after the crisis when they realised there was a lot of property up for grabs at knock down prices, writes Michael Byrne.

From TheJournal.ie Many people in mortgage arrears are contemplating suicide Wake Up Call

Many people in mortgage arrears are contemplating suicide

A new survey explores the impact debt has on people’s mental health.

From TheJournal.ie 'We need to talk about the reality of debt' Opinion

'We need to talk about the reality of debt'

Debt is scary – sometimes scary to face and always scary to hide from, writes Stephen Curtis.

From The42 'To only owe €9m on a €39m stadium, that’s an unbelievable position to be in' Planning

'To only owe €9m on a €39m stadium, that’s an unbelievable position to be in'

Munster CEO Garrett Fitzgerald believes the province has always been open to change.

From TheJournal.ie 'I'd love to help a struggling tenant, but if I did I'd be homeless myself' A Landlord Speaks

'I'd love to help a struggling tenant, but if I did I'd be homeless myself'

“Landlords answer to banks. We’re still paying the price for austerity.”

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