Level / Type of Debt Income Assets Required Intermediary
PIA Secured* and unsecured No Max No Max Personal Insolvency Practitioner

*Subject to a cap of 3 million, unless creditors consent to a higher level.

What is a Personal Insolvency Arrangement?

A Personal Insolvency Arrangement (PIA) is an insolvency solution for people with unsecured and secured debts. Secured debt is a debt backed or secured by an asset (e.g. a housing loan where a house is mortgaged to secure the loan debt).

It is a formal agreement with creditors that will write off some unsecured debt and restructure any remaining secured debt, while keeping the person in their home where possible. 

Applying for a Personal Insolvency Arrangement

In order to apply for a Personal Insolvency Arrangement , a person should contact a Personal Insolvency Practitioner (PIP) - these are a network of qualified professional advisors regulated by the ISI to deal with Personal Insolvency Arrangements and are experts in the area of debt advice.

Personal Insolvency Practitioners are located around the country - click here for contact details or call the ISI's Information Line on 01 764  4200 or free text ISI to 50015 for a callback from our information line.

More information on this solution can be found in the guides below.

Free advice from a Personal Insolvency Practitioner

If you are in arrears on your home mortgage you could be eligible for a free PIP consultation under the Abhaile Free Mortgage Arrears Support scheme, for more details about Abhaile click here

PIA guides

Back on Track PIA Guide 2022


Detailed Guide to PIA July 2016