findapip.ie is a geographically-organised directory of PIPs around the country, all of whom are members of the PIPx network. This platform allows individuals in financial difficulty to browse through qualified PIPs and choose one in their locality and/or who they feel best meets their needs. From there, they can fill in a simple registration questionnaire and quickly discover whether they qualify for a scheme.
The Personal Insolvency Act 2012 set up three new schemes to help people with debts they cannot repay. More information on these schemes is available below. Personal Insolvency Practitioners are experts in finance and law who can help debtors to negotiate with their creditors within a Debt Settlement Arrangement or a Personal Insolvency Arrangement.
Personal Insolvency Arrangements
Debt Relief Notice
If your debts are unsecured and less than €20,000 and you have virtually no income, no assets and no prospect of being able to repay your debts, you should contact MABS directly.
Personal Insolvency Arrangement
If you have unsecured debts of over €20,000 and secured debts totalling less than €3m, you may contact a PIP to see if you qualify. Under a PIA, a debtor’s eligible unsecured debts will be settled over a period of up to 6 years, and secured debts may be settled or restructured.
If you are unsure whether you may be eligible for one of these arrangements, use our debt calculator below.Debt Calculator