Monday 19 March 2018

Dearbhail McDonald: Borrowers taking debt destiny into own hands

Dearbhail McDonald

Dearbhail McDonald

THEY are becoming a more familiar sight in the courts, debtors with no legal representation who stand before a roomful of wigged and gowned lawyers and ask to be made bankrupt.

The debtors represent themselves because they cannot afford a lawyer – most have nothing left to give.

Their papers are not in order because they are not used to being in court and, facing the prospect of bankruptcy, have probably little interest in dotting the Is and crossing the Ts on their own debt warrants.

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