A woman has had €2.7 million of a near €3 million debt written off in return for a €1,316 payment to creditors and will retain her family home under the terms of a personal
On the application on Monday of barrister Keith Farry for personal insolvency practitioner Nicholas O’Dwyer for both applicants, the judge was satisfied the arrangements met the criteria for approval under the Personal Insolvency Acts.How can I stop slugs damaging my plants?In court documents, it was stated Ms Johnson’s total debt is €2.984 million of which about €2.
In an affidavit, Ms Johnson said a lump sum of €200,000 is required to be paid within six months of court approval of the PIA. That will be paid from the proceeds of the sale of her mother’s home in Sutton, Co Dublin, she said. According to court documents, her mother will move into her daughter’s home.