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Updated: 18:00, Tuesday, 7 September 2010
A group of independent financial advisers has told an Oireachtas Committee that many people in debt are very afraid of the banks.
The Future Group also said that the State's Money and Budgeting Advice Service (MABS) is unable to cope with complicated debt problems.
The Group said that banks are in many cases not lending to businesses, despite public promises to do so.
They claim too that 'aggressive' debt management companies, which overcharge people, are flourishing.
The Future Group's Chairperson, Frances O'Hanlon, is seeking Government funding to negotiate with the banks.
NAMA chief Frank Daly talks at length about the agency's negotiations with debtors
With violence on the pitch and secret payments off it, Katie Hannon looks at the problems facing the GAA
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