PIAM

🔠It's time to explore the ABC of Debt Terms and Phrases again. 📚 Do you know what a protective certificate is?

A protective certificate is a document issued by the Court which offers the debtor and their assets protection from legal proceedings by creditors while they are applying for a DSA or PIA.

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https://backontrack.ie/how-we-help/debt-jargon-buster/

Good news for a Friday (or any day!)
The amendments to the Personal Insolvency Act allowing for remote meetings as well as amendments relating to the appeals process and extensions to periods of protection have been signed into law today.

If you are concerned about your mortgage, your PIP or MABS can advise you. Your normal protections (MARP etc) remain

KBC looks at exiting Irish market with potential sale of loans and liabilities to Bank of Ireland It comes just weeks after Ulster Bank, the third biggest bank in the country, announced its plans to exit the Irish market.