Sunday 17 December 2017

Debt deal job threat rejected

THE Government has rejected claims that working mothers or fathers would have to give up their jobs in order to get debt deals with their banks.

It was reported over the weekend that working parents looking to get their mortgage debt written off under new personal insolvency legislation could be told that one of them would have to stay home if the cost of their childcare was too expensive for their incomes.

But this was denied by junior Jobs Minister Sean Sherlock. "I don't think so, that is not how I would foresee how this is going to play out," Mr Sherlock told RTE's 'The Week in Politics'.

The new personal insolvency guidelines are due to be published in the coming weeks.

Irish Independent

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