Donegal HSE worker has 70% of debt written off in Ireland’s first insolvency deal

first_imgNews Donegal HSE worker has 70% of debt written off in Ireland’s first insolvency deal LUH still not ready to restore IT systems Twitter Lárionad Acmhainní Nádúrtha CTR to take part in new research project Gardai continue to investigate Kilmacrennan fire Previous articleDonegal Mayor defends New England trip as hugely beneficialNext articleCavanagh named Tyrone Captain News Highland Pregnant women can receive Covid vaccine at LYIT’s vaccination centre Twitter A HSE worker from Donegal is understood to have completed Ireland’s first insolvency deal with more than 70% of the borrower’s debt written off.The arrangement was agreed at a creditors’ meeting today at the offices of  ‘New Beginning’.The Donegal borrower was a partner in a business that failed – the collapse of the business left the individual with a residual debt they could not pay.It’s understood three of Ireland’s main banks were among six creditors involved in the deal which follows the issuing of an protective notice in court last month in Co Monaghan.The individual’s personal insolvency practitioner was Ronan Duffy of Derry-based McCambridge Duffy.New Beginning has welcomed the development. Facebook Google+center_img WhatsApp 75 positive cases of Covid confirmed in North Google+ WhatsApp Facebook By News Highland – November 25, 2013 Pinterest RELATED ARTICLESMORE FROM AUTHOR Further drop in people receiving PUP in Donegal Pinterestlast_img read more

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