Debt Relief Notice

A Debt Relief Notice is for people who have less than €35,000 in qualifying debt, have very few assets and a low income. You can apply through MABS who will arrange a meeting for you with a MABS staff member called an Approved Intermediary. If your application is successful, you will be under certain obligations for 3 years. You don’t have to pay anything to your creditors if your circumstances haven’t changed, although you can if you want to. When those 3 years are over, your debts will be written off.

What do I need before I start the process?

Before you start, you will need a clear idea of how much you owe and who you owe it to. You will need this information for your application. If you need help with this, just call our Helpline at 0761 07 2000 or contact your local Service. You will also need to know what assets you actually own. In most cases, this is pretty simple –

Sometimes, though, it can be a little harder to figure out –

You will also need to know what income you have coming in and, if you are living with someone else, how much of the household expenses (e.g. rent, food bills, electricity and so on) you pay.

The Stages

Once you have this information you are ready to start, contact the MABS Helpline on 0761 07 2000 or your local MABS office who will ask you some questions to check if you can apply for a Debt Relief Notice.

Once you have been assessed as eligible to apply for a Debt Relief Notice, you will:

Once the Insolvency Service of Ireland has approved your application, they will send it to the Circuit Court who will decide whether or not to grant your Debt Relief Notice.