The High Court, Dublin.
In total €2.9m will be written off.
This is made up of €2m off the home mortgage and €900,000 in unsecured debts.
The victory for the couple over a vulture fund will mean the value of their home will be radically written down and they will repay what is left at a tracker mortgage rate of 1pc.
One legal source described it as “an unbelievable deal”.
Stick that in your Steinway.