Personal insolvency practitioners were paid 557,807 for advising people struggling with overall debts that totalled 397 million under the State-funded Abhaile financial aid scheme for the final three months of 2016.
A previously unpublished analysis of the scheme, run through the Money Advice and Budgeting Service (Mabs), shows that the average payment made to the personal insolvency practitioners, including accountants, was 21,454. The highest payment made was 42,435.
The Abhaile scheme was launched l…
Read the full article at: http://www.irishtimes.com/business/financial-services/advisers-paid-21-000-average-for-helping-struggling-debtors-1.3022003
