Debt Relief Notice

The Debt Relief Notice ("DRN") is to give relief from debt to people who are in debt and have little or no disposable income or assets which they could use to repay what they owe. The qualifying debts they owe cannot exceed €35,000. The DRN process enables eligible insolvent debtors to write off their debts where they can prove they are not in a position to repay them and it is unlikely their financial situation will improve in the next 3 years.

Is this service for you?

This product is intended for for customers meeting the following criteria:

  • Less than €35,000 debt
  • Unsecured debt only
  • Assets of less than €400
  • Disposable monthly income of less than €60

If your circumstances don't match the above criteria we may still be able to help you. View our other services to find out more.

 

 

 

 

 

 

 

 

 

Insolvency Help is a trading style of 180 Advisory Solutions Ltd


Barry Stewart is authorised by the Insolvency Service of Ireland to carry on practice as a personal insolvency practitioner(authorisation number PB00282). Barry Stewart is also authorised to act as an insolvency practitioner in the UK by the Institute of Chartered Accountants Scotland.