Category: Personal Insolvency

ISI Annual Report 2022 a large building under construction next to a body of water

ISI Annual Report 2022

While the headline numbers in personal insolvency appear to be decreasing, the fact remains that a significant amount of people in mortgage arrears have yet to seek help with their unsustainable debts. Covid, the cost of living crisis and ECB rate hikes will contribute to an increase in people seeking personal insolvency solutions, but it may take several years for this to become fully apparent in the figures.