Debt Becomes Us

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This morning.

Sarah Burns, in The Irish Times, reports:

More than 11,600 borrowers received advice and support from Abhaile, the State’s mortgage arrears and debt resolution service over a two-year period, according to a recent report.

The Department of Justice and Equality, and the Department of Employment Affairs and Social Protection, who co-ordinate the scheme, published annual reports reviewing the take up and outcomes of Abhaile between July 2016 and June 2018.

Over that time, 11,695 borrowers received financial advice and negotiation support either from a personal insolvency practitioner (5,154 households) or a dedicated mortgage arrears adviser (4,960 households).

More than 11,600 households seek debt advice from State body (Sarah Burns, The Irish Times)

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