Search Results for 'Finance'

Social finance is providing loans to local groups and communities who are excluded from credit by the dramatic fall in bank lending, a new report has said.

Two Galway businessmen made tax settlements in the first quarter of this year, the latest list of tax defaulters published by the Revenue Commissioners reveal.

It is estimated that approximately 2,200 mortgage holders in Mayo have switched to interest only mortgage payments to assist with affordability, but according to Caledonian Life these homeowners may now be leaving their families open to thousands of euro of legacy debt. The most recent report from the Financial Regulator would suggest that this switch has become a common cost saving strategy, as the public attempt to deal with affordability issues in the current recession. The leading life insurance company said it is believed that up to 50,000 struggling mortgage holders throughout the country have had to switch to interest-only repayment terms or otherwise restructured their mortgages since the recession began three years ago, but that most may not have adjusted their mortgage protection cover to reflect this change.

A new survey by the Professional Insurers Broker’s Association (PIBA), the country’s largest group of independent mortgage and insurance brokers with over 850 member firms, indicates poor prospects for the property market over the next 12 months with over 95 per cent of independent brokers believing that the market will either decline or remain the same. Less than five per cent have expressed the view that it would improve.

When you move from one job to another, what becomes of your pension benefit? Have you left pension benefits behind you when you left or changed employment?

Gardai in Castlecomer are continuing to investigate the extent of an ATM cash machine fraud that occurred in the north Kilkenny town last week leaving hundreds of customers affected.

Galway Sinn Féin will be calling on the public to sign its petition against the controversial and much resented Universal Social Charge.

On March 28 several staff members of IFAC accountants Kilkenny, along with Ben Fogarthy, met with several members of Kilkenny County Macra clubs from Freshford, Mullinavat, and Kilkenny.

Last week, I discussed the process involved in securing judgement before the Courts in respect of debt collection matters. This judgement may then be enforced against the individual who owes the money (the debtor). If the debtor still refuses to pay a number of options are available to the individual who is owed the money (the creditor). Such options include the following:

Sinn Féin councillor Thérèse Ruane is calling for the abolition of the Universal Social Charge. Describing this tax as a grossly unfair and regressive tax, she will be seeking the support of her colleagues on Castlebar Town Council at next week's monthly meeting for its abolition.