Widow has €3.5m debt written off under court-approved arrangement

At the High Court, Mr Justice Alexander Owens said It seemed reasonably certain the debtor would be able to comply with terms of the personal insolvency arrangement. Photograph: Chris Maddaloni/Collins

It concerned total debt of some €4.26 million, the vast bulk owed to Pepper Finance Corporation Ireland DAC. Quiet quitting: Why should an employee doing the job they are paid to do and then going home be a problem? Ms McEvoy’s inheritance of her late husband’s one-seventh share in the Galway property is excluded from consideration because she would be unable to sell it due to clauses in her mother-in-law’s will.

At the close of the six-year arrangement, total repayments to unsecured creditors are projected at €27,803, net of the PIP’s fees of almost €12,000, plus outlays such as bank and legal fees.

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