In the first of a two part episode, we delve into the world of personal insolvency with expert Eugene McDarby, a seasoned personal insolvency practitioner. Eugene shares his extensive experience in debt negotiation and management, offering insights into the intricacies of personal insolvency legislation in Ireland. He explains the role of a personal insolvency practitioner, distinguishing it from bankruptcy, and highlights the various options available for individuals facing financial difficulties, such as debt restructuring and settlement arrangements. Eugene also addresses common misconceptions about insolvency, the impact on credit ratings, and the support systems in place, including government-backed financial advice vouchers. Join us as we explore the challenges and solutions for those navigating personal financial crises, and learn how insolvency arrangements can provide a fresh start for individuals burdened by debt.

You can reach Eugene directly through his business UHY Insolvency at https://www.uhyinsolvency.ie/

You can also view a short explainer video by Eugene and the Insolvency Service of Ireland which gives a great introduction to Personal Insolvency in Ireland:

EugeneMcDarby explains Personal Insolvency in Ireland