€2.7M debt written off for €1,300 under Personal Insolvency Arrangement (PIA) EP
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- Опубликовано: 2 май 2024
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Borrowing costs here are artificially high because people can't enforce security on loans. Why bother with common law provisions if contracts are not binding.
Never borrow what you can’t afford.
Who is going to pick up the bill for the lost money?