What is Abhaile? It is the latest Government plan to tackle the problem of mortgage arrears. This new national service marks a departure in State assistance by providing free, independent expert advice and support on financial and legal issues and its number one objective is helping people stay in their home wherever possible. It will…
Around 15m is being spent on the service, to be known as Abhaile the Irish for home. It offers financial and legal advice and will be free for those who are eligible. To qualify for the scheme, the mortgage holder must be in arrears and insolvent. People can apply for the scheme through the Money…
OUR children and young people are growing up in a world where they will one day have to make difficult financial decisions. With more financial products and ways to spend money than ever before, these decisions have become increasingly complex. Citizens Advice found the average user of financially risky products such as payday loans, which…
TOWN OF ULSTER, N.Y. >> Ulster County Resource Recovery Agency officers have approved contributing $11,087 toward a proposed $9 million settlement that would resolve a case filed after Selective Safety Workers Compensation Trust was declared insolvent. The agreement was discussed during an agency meeting last week, when Treasurer Tim DeGraff said the agency obligation had…
Tayissa Sweetlove – The West Australian on October 3, 2016, 10:39 pm Brett Edward Kenny arrives at Perth Airport after being extradited from the ACT. The son of a former City of Perth employee accused of bribery and corruption says he has concerns for his fathers health in custody. Brett Edward Kenny, 56, appeared in…
A 15m Government-funded scheme to help property-owners who are insolvent and in serious mortgage arrears has been launched. Already around 1,000 distressed home owners have availed of the service through a pilot scheme. The service, to be known as Abhaile, offers financial and legal advice and will be free for those who are eligible. To qualify for…
OUR children and young people are growing up in a world where they will one day have to make difficult financial decisions. With more financial products and ways to spend money than ever before, these decisions have become increasingly complex. Citizens Advice found the average user of financially risky products such as payday loans, which…
The Irish Mortgage Holders Organisation (IMHO) has been appointed as the personal insolvency practitioner (PIP) for Dublin by StepChange, the debt advisory service. IMHO executive Stephen Curtis, a registered PIP, has been appointed by StepChange to this role, with the not-for-profit agency being one of six on a panel operated by the UK-based debt charity.…
The service – called Abhaile – has operated on a trial basis since earlier this year and the Government claims it is “proving very effective”. About 43,000 owner-occupier mortgages here are in arrears of 90 days or more. The Abhaile service is being launched by Tánaiste Frances Fitzgerald, and Minister for Social Protection, Leo Varadkar,…
A draft of the federal bankruptcy law recently approved by the UAE Cabinet is a very welcome development and is expected to yield significant economic benefits. It also fits well with the UAE Vision 2021 National Agenda, one of whose targets is to make thecountry “the worlds first in ease of doing business” a spot…