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Banks will be “more likely” to do deals to write off debt and save family homes

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Banks and funds are increasingly agreeing to write off unsustainable debt.

Irish Insolvency Service (ISI) director Michael McNaughton said increased confidence in the system had led to a drop in creditor objections to personal insolvency arrangements (PIAs).

https://www.independent.ie/business/personal-finance/banks-more-likely-to-strike-deals-to-write-off-debt-and-save-family-homes-41719011.html Banks will be “more likely” to do deals to write off debt and save family homes

Fry Electronics Team

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