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Tuesday 28 March 2023 Dublin: 12°C

# Debt

All time
# Debt
'I couldn’t imagine being able to afford loans of €20,000 for my degree'
Students in the UK are graduating with loans of £57,000, Labour says the same can’t happen here.
# At Breaking Point
Irish soldiers 'depend on loan sharks and welfare payments' to support their families
Family members gathered outside barracks all across the country today to highlight pay issues.
'The correction': Should the government forgive some of Ireland's mortgage debt?
Iceland forgave a portion of mortgage holders’ debts in 2014.
# i O U
Remember the developers who 'exited Nama'? Most paid less than half their debts
51 out of 505 debtors that exited Nama paid 10% or less of their debts.
# factcheck
FactCheck: Is Fine Gael right to claim the credit for a fall in mortgages in arrears?
Fine Gael has been on Twitter and Facebook, promoting a set of claims about its role in the fall of mortgages in arrears. Do they check out?
# Horror
Boy, 14, jailed after being caught with 22 packets of cocaine and 9 packets of heroin
The judge said during his hearing, “It certainly comes across to me that he is a dealer.”
# In the red
Ireland's local authorities are over €4 billion in debt
Minister Simon Coveney says he doesn’t believe that any of the loans are unsustainable.
# Newtownmountkennedy
One of the country's top golf courses, Druids Glen, has gone into examinership
Druids Glen says despite the court proceedings it will be a case of “business as usual” at the course.
# Household debt
Irish households are the third most indebted in the EU
The Central Bank says this ranking is in spite of a significant decline in the ratio of household debt to disposable income.
Voices
Vulture funds pick and peck and they're not finished yet
The vultures arrived in Ireland after the crisis when they realised there was a lot of property up for grabs at knock down prices, writes Michael Byrne.
# wake up call
Many people in mortgage arrears are contemplating suicide
A new survey explores the impact debt has on people’s mental health.
Voices
'We need to talk about the reality of debt'
Debt is scary – sometimes scary to face and always scary to hide from, writes Stephen Curtis.
# Planning
'To only owe €9m on a €39m stadium, that’s an unbelievable position to be in'
Munster CEO Garrett Fitzgerald believes the province has always been open to change.
# a landlord speaks
'I'd love to help a struggling tenant, but if I did I'd be homeless myself'
“Landlords answer to banks. We’re still paying the price for austerity.”
# cliona's foundation
Corrie debt storyline 'all too real' for Irish families with sick children
Many families are trying to make their child’s last Christmas special.
# nice one
Ireland does pretty well in this ranking of the world's national debts, from safest to most risky
Well, that’s surprising.
# UAE
Irishman and father of 8 held in one of Abu Dhabi's most notorious prisons
John White, a property developer from Clonmel in Country Tipperary is in prison over a €500,000 debt he could not pay.
# Debt
Number of property repossessions up nearly 200%
The Courts Service is joining with MABS, the Citizen Information Bureau and the Irish Insolvency Service to bring independent information and advice to court houses around the country.
Voices
What happens to currencies when they die?
We pursue it, discuss it, count it and obsess over it… but do we ever really think about what ‘money’ is?
# Your Say
Poll: Should Ireland push for debt relief if Greece gets a better deal?
It looks like Tsipras is on track to negotiating a sweeter deal.
# Money
Mayweather stripped of WBO title for not paying his debts
The welterweight champion owes $200,000 in sanction fees and is set to be replaced by Timothy Bradley.
# Debt March
Greece has another €10.3 billion in debt due in 2015
And you thought your debts were bad.
Voices
The Troika's negotiations with Greece shows why Ireland must do the right thing
Heavily indebted countries should have a transparent, independent mechanism to turn to when facing the possibility of not being able to repay debts.
# Greece Frightening
People are queuing for ATMs in Greece - but they can only get €60
Pensioners are also queuing outside closed banks.
# Final Countdown
Enda Kenny says he believes a deal is possible for Greece
Finance Minister Michael Noonan earlier said he wasn’t optimistic a deal could be reached today.
# Debt Management
Those in debt will not be hit with extra VAT charge
A ruling has found that debt management company Money Village will not be subject to VAT.
# Payback
Greece might just pay off the €1.6 billion it owes this month
There has been “serious progress” in talks.
# Hard Times
Westlife singer Shane Filan talks to Pat about how he ended up €23 million in debt
Filan was a high profile casualty of the economic crash.
# Debt
There's some 'good news' for Ulster Bank mortgage holders in arrears
Those who qualify for social housing can sell their homes and not be pursued for the outstanding debt.
# Pay Up
Banks treating people on variable mortgage rates "very badly"
The Health Minister made the comment today.
Voices
'I have never felt so strongly wronged by those who represent our country'
Here I am, feeling like a second-class citizen in my own country, crying over a water meter. Do the politicians I voted for even care?
# We all partied
The government says it saved over €10bn by complaining to the Troika
Some people still think we could have got a better deal, however.
Voices
Open letter from a lone parent: 'I'm exhausted of trying to provide for my child while living in financial hardship'
A single mother of a 15-year-old writes an open letter to the government about her struggle to make ends meet.
# do i look fat in this?
Here's what Europe would look like if it were redrawn based on debt per person
Ireland is looking pretty ‘big-boned’…
# Court
Solicitor barricades himself inside Killiney mansion
The case has been put back in the High Court until tomorrow afternoon.
# Debt
Courts 'cannot cope' with amount of home repossessions
‘Angry’ was the word of choice in the Seanad today.
# Savings
GAA to save Mayo €200k a year as they take over MacHale Park redevelopment
The move could save the county board millions.
# Banks
Couple secure €1.26m debt write down and keep their family home
The personal insolvency arrangement involved a number of banks.
# State of the Nation
Did Ireland kiss a better debt deal goodbye?
Here’s everything you need to know about what’s happening in Irish politics right now…
# Mortgages
300,000 people who owe €2.5 billion have asked for help
MABS has been busy.