Personal Insolvency – The Pathway to Recovery from Unmanageable Debt

Course Overview

Coming out of the Covid recession, some of your clients may now be struggling with arrears of debt and need a ‘Reset Button’.

Personal Insolvency is the route by which individuals can restructure their debts to a manageable level, this includes mortgages, secured & unsecured debts and frequently Revenue debt as well.

This course will bring you through the four different solutions available, what is meant by debt repayment affordability and real case studies of individuals who have taken this path and how their debts have been written down, sometimes written off, so that repayments are affordable for the future.

By becoming aware of the potential benefits of the solutions available under Personal Insolvency for their clients, accountants can help their clients through the journey and their relationship is strengthened for the future when their clients financially recover.

CPD Course Facilitator:

Claire Kelly – My Debt Solution

Claire Kelly, Auditor & Personal Insolvency Practitioner based in Newbridge, benefits from both experience in accounting & auditing, and expanded her practice into providing solutions to clients in the area of Personal Insolvency since the legislation was introduced 6 years ago.

She currently holds the position of Chair of APIP, the professional representative body of PIPs and has been active at committee level for the last 3 years including representing the profession for media activities working with the Insolvency Service of Ireland and their communications team for the ABHAILE scheme which provides funding for debtors at risk of losing their home.

Her team operate a balance of professionalism and empathy for insolvency clients providing expert advise and a realistic assessment of how their debt problems can be restructured working between the Debtors and the banks.