Personal Insolvency Arrangement

A Personal Insolvency Arrangement (PIA) is a formal and legally binding debt solution in Ireland designed specifically for individuals with both secured and unsecured debts. At IRS IRELAND, we assist individuals in navigating this complex process with professional guidance and expert support. This is the most comprehensive of the personal insolvency options, typically used by homeowners struggling with mortgage arrears alongside other financial obligations. A Personal Insolvency Arrangement offers a structured and practical pathway to resolve debt while safeguarding the family home from repossession. Through this arrangement, individuals can restructure their secured debt while having a portion or all of their unsecured debt written off, providing genuine financial relief and a fresh start.