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Ireland's First Debt Settlement Deal

The Irish Times 10.13

What is believed to be the first ever debt settlement arrangement protection certificate was issued at the Circuit Court in Monaghan yesterday.

The certificate issued to a Donegal man who will now have the protection of the courts for 70 days giving him time to come to a settlement with his creditors. He was advised by advocacy group New Beginning It is understood the debt involved was more than €100,000.

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