Financial Advice Blog
Stay up to date with the latest Financial Advice news and views. We’ll help you learn about Personal Insolvency Practitioners and how they can help

Personal Guarantees
A Personal Guarantee is what it says on the tin; a ‘personal guarantee’. If you run a company and it is registered as a limited company; and if it borrows money or obtains credit from a creditor, the creditor will protect itself by asking the directors to give...
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Are you stressed and in Debt?!
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read more2015 is the year we finally realise that Free, doesn’t mean Free!
There is no profit in "Free" ......in marketing, the word free is used to attract buyers of a product or service it is really an investment by the retailer in promoting his or her product or service, lets face it, there is very little for free in this world and when...
read moreDistressed Debtor- Help your PIP to help You!
Distressed Debtor – here is how you help your PIP to help you! Dealing with debt is not easy when you are distressed and fearful for the consequences for you and your family. For people trying to deal with paying their debts, the Government passed the Personal...
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Building Society – Home Loan Finance
What to do about financing home purchase? For First Time Buyers, buying a first home is a daunting task! Where do you start? Probably scanning estate agents websites, a big improvement on 40 years ago, when buyers had to go from estate agent to estate agent on foot,...
read moreJudgements
Judgements with an applicable 8% interest rate, is that a RIP off rate? When a creditor fails to get paid by a debtor, he has two choices. Write it off or obtain a Judgement against the debtor. Statistically many judgements are granted because a debtor fails to enter...
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Question: What is my DSA Allowance?
This is an interesting question that I was asked during the week. And for clarification, I take the question to mean, how much will I be allowed to live on, to cover normal day to day expenses, while I make payments under a Debt Settlement Arrangement. It all depends...
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New Company Legislation
Will this piece of new legislation provide any benefits to those for whom it concerns? In a word, ‘YES’. Like all legislation, it is not easy to read and for most people more difficult to understand than it should be, but then it is legal language. I attended a...
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Think about your Outgoings!
One of the major steps that we take when speaking to new clients, is discussing how much of the monthly expenses is truly necessary. How much money are you spending on things you really don't need? How often do you watch the programmes on your expensive Sky TV...
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Non-Cooperating Borrowers
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Stay up to date with the latest Financial Advice news and views. We’ll help you learn about Personal Insolvency Practitioners and how they can help

Debt Settlement Arrangement (DSA)
This is for distressed debtors with unlimited unsecured debts, such as bank personal loans, credit card debts and credit union loans. We negotiate a DSA for our clients that involves a repayment plan, followed by a debt write-off.

Bankruptcy
This is the final insolvency option available and is for distressed debtors where total debts exceed total assets by more than €20,000. We apply for a bankruptcy order on behalf of our clients through one of our Personal Insolvency Practitioners (PIP).