Address: Newbridge Business Centre, Charlotte House, Charlotte Street, Newbridge,
Co Kildare W12 CY98
Co Kildare W12 CY98
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A Personal Insolvency Arrangement (PIA) is a formal solution that helps people deal with debts, including mortgages and other loans, in a structured and affordable way. With the help of a Personal Insolvency Practitioner (PIP) a PIA can allow you to repay what you can over a set period, with the possibility of writing off the rest (depending on individual circumstances), often while keeping your home where possible.
PIAs are ideal for people with only secured debt (such as a mortgage) or a mix of secured and unsecured debt (such as credit cards, overdrafts, trade creditors) who are unable to repay their debts in full but want to avoid bankruptcy.
Protect your home and support a return to financial stability.
Secured debts (like mortgages) and unsecured debts (credit cards, loans, overdrafts).
Typically lasts 1–6 years, depending on individual circumstances.
Make a confidential, no-obligation enquiry. You’ll have an initial consultation with a member of our team who will explain your options and what to expect.
Meet with Tatiana McGreal, our experienced and authorised Personal Insolvency Practitioner (PIP). She’ll review your financial situation in detail and answer any questions you have.
Receive clear, tailored advice based on your unique circumstances. We’ll explain what a Personal Insolvency Arrangement could look like for you.
We apply to the Court for a Protective Certificate (PC). Once granted, your creditors must stop all legal action or contact — giving you vital breathing space.
We design a personalised proposal to restructure your debts, including your mortgage if needed. It’s built to be realistic, fair, and focused on helping you recover.
If your creditors approve the arrangement, we oversee everything. We manage payments, communication, and compliance — so you can focus on moving forward.
A Personal Insolvency Arrangement (PIA) is a legally binding agreement between you and your creditors that allows you to repay what you can realistically afford over an agreed period It covers both secured debts (like your mortgage) and unsecured debts (like credit cards or loans).
To qualify for a PIA, you must:
• Have a secured debt (like a mortgage or a judgement mortgage)
• Be unable to meet your repayments as they fall due
• Be willing to work with a PIP
Yes. One of the key goals of a PIA is to help you stay in your home. In a PIA, your mortgage can be restructured as part of the arrangement to make it more affordable.
A PIA can include secured debts (e.g. mortgages, secured loans) and unsecured debts (e.g. personal loans, credit cards, overdrafts).
Certain debts like child maintenance, court fines, and some taxes are not covered.
The term of a PIA will depend on your personal circumstances and agreement with creditors but it can last up to 6 years. At the end of the term, any remaining qualifying debt is written off.
For a PIA to be approved, creditors representing a majority of your debt must vote in favour. If they don’t, we can review your options — in some cases, the court may approve it through a process called a court review.
In the majority of cases, our fees are built into the structure of your PIA. i.e. When your PIA is approved, you make one payment to the PIP that covers repayments to your creditors and PIP fees.
Once you’ve successfully completed your PIA, any qualifying debt is written off. You are legally solvent, free from the included debts, and can begin rebuilding your financial future. In most cases, after the PIA is completed, the only debt remaining is the family home mortgage.
Tatiana McGreal is authorised by the Insolvency Service of Ireland to act as a Personal Insolvency Practitioner (PIP). Tatiana is the founder and Principal of Financial Solutions Ireland (FSI) based in Newbridge, Co. Kildare.
Address:
Newbridge Business Centre, Charlotte House, Charlotte Street, Newbridge, Co. Kildare
Phone:
085 867 4883
085 708 9203