Irish debt crisis after Christmas
spending
An increasing number of people in Ireland are getting into debt according
to a Belfast financial advice agency.
Advice NI said thousands of families and individuals were facing greater
difficulties in dealing with their finances following Christmas.
The group is launching a training programme aimed at voluntary groups,
credits unions and other public and private sector bodies to provide the
best possible advice on money and debt issues.
Advice NI director Bob Stronge said people all too often found themselves
in debt and felt they had no-one to turn to.
He said: “They can often feel isolated and ashamed and even severely
depressed or suicidal.
“Local advice agencies are there to help and through this unique
programme Advice NI will offer advisors the blend of skills and expertise
to do so effectively.”
Mr Stronge said that after completing the programme, advisors would be
able to support and guide people through the complexity of their debt
situation.
They would also be able to recommend appropriate action depending on their
individual circumstances.
The training covers all aspects of dealing with debt from household budgeting
right through to debt management programmes, individual voluntary arrangements
and bankruptcy.
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