Charity concerned for ‘psychological welfare’ of borrowers and their families.
By Fiona Gartland. The Irish Times, Mon Nov 18 2013.
Julie Sadlier, solicitor with the Phoenix Project, an advice and support charity for distressed borrowers in Portlaoise, said the total number of restructured mortgages in the 90-day plus category had actually fallen by almost 2,000.
“The restructure offers most clients have received are either unworkable or short term or both,” she said. “We conclude this is why the resolution figures are so low, leaving repossession as the final resolution.”
Phoenix Project RTE Radio Interview on Sean O Rourke Programme
19 November & 9th Dec 2013, 12:00:00
Valerie Cox met with some individuals who have been living with the worry of unpaid bills, final demands and those calls from the banks and live in studio, Julie Sadlier, Solicitor, The Phoenix Project.
Listen to the personal insolvency interviews here by clicking on the following dates: