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    Mortgage Relief

    Mortgage Relief

    In his television address at the weekend to mark the end of the bailout programme the Taoiseach Enda Kenny said banks must do more to deal with (those in) mortgage distress. But report a from Government yesterday revealed that few people in mortgage arrears have used an independent financial advice service set up last year, though more than 100,000 people remain in difficulties. Sean was joined by Noeline Blackwell Director General of the Free Legal Advice Centres(FLAC), who is not impressed at what’s been done to help those in trouble.
    New Insolvency Service

    New Insolvency Service

    From today people who are in severe financial difficulty will be able to make applications to the Insolvency Service of Ireland to have their debts restructured. It’s a much heralded new approach to dealing with the mortgage crisis here but it will be some time before we can see how effective it is in practice. Joining Sean in studio were Noeline Blackwell, director general of FLAC and financial advisor Michael Dowling who represents 40 former residents of Priory Hall in Dublin.


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