Don't Panic: Understanding Personal Debt

The issue of personal insolvency, how individuals can address its various aspects, what steps they can take and what options are available to them, is one of the most pressing issues in Irish society at the present time. This aim of this book is to provide answers, direction and, above all, reassurance, to those people affected by what has become a very common problem. Taking in the new insolvency legislation and its implications, together with providing details of the many available avenues for assistance, this book provides factual and professional advice to those who need it most. The issue of personal insolvency, how individuals can address its various aspects, what steps they can take and what options are available to them, is one of the most pressing issues in Irish society at the present time. The aim of this book is to provide answers, direciton and, above all, reassurance, to those people affected by what has become a very common problem. Taking in the new insolvency legislation and its implications, together with providing details of the many available avenues for assistance, this book provides factual and professional advice to those who need it most. Cover; Title; Contents; 1 How Did We Get Here?; 2 The Five Emotional Stages of Debt; 3 The New Insolvency Legislation; 4 Debt Relief Notices; 5 Debt Settlement Arrangements; 6 Personal Insolvency Arrangements; 7 Mediation; 8 Bankruptcy; 9 Mortgages; 10 Where Do We Go from Here?; List of Abbreviations; Appendix 1 Useful Sources of Information; Appendix 2 Tables for the Calculation of Reasonable Living Expenses; About the Author; Copyright.