New figures show Price Rises still affecting families.

New figures have been released that show that not all sectors of society are enjoying the falls in costs of living. Young Families who were some of the worst effected by cuts in the budget have seen rises of almost 12% in childcare in the past two years. This of course coincides with the government reducing child allowance which can only make things more difficult for young families. Education and medical costs have also risen in that period. Education has gone up by close to 11% and medical expenses a whopping 21% in two years. This is putting young Irish families under extreme pressure and with inflation set to take hold sometime in 2010 even families who have favourable repayment records will be missing payments as circumstances out of their control conspire against them.

At Debt Assist we can help anyone who is having problems with debts be they mortgage arrears, credit card arrears or even store cards. We specialise in all forms of debt resolution and are able to reduce our client’s monthly repayments schedule by up to 50%. Remember at Debt Assist you only pay what you can afford to pay. Call us on 1890 87 67 27 to book a free consultation with one of our advisors or visit http://www.debtassist.ie/ to see the difference we can make to your expenditure.

Five Fold increase in graduates joining dole queue.

Students with degrees joining the dole queues have been the new boom of the Irish economy. Our so called highly educated workforces that will transform Ireland into a smart economy are now realising that government promises won’t put money in their pockets. With 1 in 10 graduates signing on sectors still feel that this is only the tip of the ice berg as many graduates have continued with their studies to receive masters or immigrated to seek employment. The likelihood is that the ratio of graduates getting employment is far lower than recorded.

Worse still will be the now professional workforce that can’t secure employment but who mortgaged their future to pay for expenses of the so called free education and now find them selves under a mountain of debt. As old bank slogans of ‘when you start making money we start making money’ are replaced by final notice demands and threats of court action.

At Debt Assist we are ideally placed having an enviable reputation amongst financial institutions to help anyone with their debt problems. With our in-house team of Solicitors and Accountants we provide unparallel service to our clients and achieve amazing results. Call us on 1890 87 67 27 or visit http://www.debtassist.ie/ to book a free consultation with one of our team and see the difference we can make to your repayments.

unemployment up

New figures show that unemployment has hit 12.4% that’s a fall in the amount of people working in the economy of 9% this quarter alone. That means that there are now just 1.92 million people employed in the country. This no doubt will mean that another harsh budget is lurking in the New Year. With the tax take declining and expenditure increasing it will put more pressure on the government to implement higher taxes. This along with proposed water charges and a property tax will mean untold pressure on families in the coming months after Christmas. Worse still will be families who have burdened themselves further with more debt to pay for the expense of Christmas.

At Debt Assist we are able to help anyone with mortgage or credit card arrears or any type of debt issues. We are the market leaders in Ireland and the only debt management service with an in-house team of Solicitors and Accountants that can negotiate with your creditors and reduce your repayments by up to 50%.

Book a free consultation with a member of our team by calling 1890 87 67 27 or visit http://www.debtassist.ie/ to see the difference we can make.

Bad Debt Judgements Hit €500m

New Figures show that over borrowed consumers have had €500m in bad debt judgements registered against them. That’s an increase of 50% on this time last year of people who are defaulting on their loans. This shows the level of over indebtedness in Ireland people are now caught under an avalanche of debt and have little to no chance of keeping up with repayments in the short to medium term.

At Debt Assist we pride ourselves on offering people a solution to these problems we provide a range of services that are designed to make debts more affordable. We are experts at negotiating with banks and other creditors and can often reduce our client’s monthly outlay by more than 50%. Debts continue to spiral out of control as people decide simply to not think about the problem and bury their heads in the sand hoping the Government or the Banks will solve the problem. This is certainly not the case at Debt Assist we offer a professional service compiled by a team of in-house Accountants and Solicitors to actively reduce your debts and make sure you only pay back what you can afford to pay back.

Call us on 1890 87 67 27 or visit http://www.debtassist.ie/index.html to book a free consultation with one of our advisors and let us show you what a difference we can make to your finances.

FAS train 12 in €6.7m centre

Just as a new budget looms which is set to see some of the biggest cuts to the less well off in a generation a new story on the wasting of public money has just come to light. Fas have spent €6.7million on a new centre that has trained just 12 people. Granted the training centre is for the construction sector but to have a €6.7m training centre for construction to come on line just as the sector collapsed is just another example of mismanagement. Money that will ultimately have to be recouped by taxing the less well off in society. The problem isn’t people not paying enough tax it is merely a public sector system that rewards departments for spending so they receive more next year has finally caught up with the economy. Simply the Governments appetite for money has become too great and waste is everywhere and it will be Irish tax payers that will be picking the bill for this feast.


Debt Assist can help anyone who is having problems paying loans or trouble with mortgage or credit card arrears. Don’t let Government mismanagement rob you of more of your hard earned money. Debt Assist will negotiate with creditors and make sure you only pay what you can afford to pay. Call us on 1890 87 67 27 or visit http://www.debtassist.ie/ to book a free consultation with one of our advisors and see the difference we can make to your financial wellbeing.

6 in 10 say they will spend less this christmas

A new survey has shown that six in ten Irish adults will cut back on Christmas spending this year. This is a direct connection to families having to bare cuts in their take home pay this year. As more households concentrate on paying off their debts and making sure they keep their homes expenses like Christmas, are having to take a back seat.

Debt Assist can help anyone who is having trouble paying back their loans or problems with mortgage or credit card debt. Our team of in-house Solicitors and accountants can provide a service that can help you reduce your repayments on your debts by up to 50%.

Give us a call on 1890 87 67 27 or visit us at http://www.debtassist.ie/ and book a free consultation with one of our advisors and see what a difference we can make to your

Consumer spending to decrease this christmas

According to a new survey consumers will spend on average 22% less this Christmas than last. Even after this drop, Ireland is still ranked number 2 in the spending leagues this Christmas just behind Luxembourg. The temptation for people in debt to borrow more at higher interest rates to provide toys etc for Christmas and not have to say no to their kids will only make a bad situation worse.

Debt Assist is able to negotiate with a client’s creditors to reduce the monthly amount being paid to service the debt. Our in-house team of Solicitors and Accountants can offer unparalled advice to anyone having problems with mortgage or credit card arrears or trouble meeting their loan repayments. Call us on 1890 87 67 27 or visit http://www.debtassist.ie/ to book a Free consultation with one of our advisors.

Government to bring low income families into Tax Net

The Government looks set to decrease social welfare payments and bring more low income families into the tax net. By bringing low income earners into the tax net the government will use this and deflation as an excuse to cut social welfare payments arguing they have to cut dole payments so it doesn’t become more beneficial to be unemployed than employed. They will also use the fact that prices have dropped by 6% as an excuse. This however ignores the fact that if the gov pass a carbon tax both fuel and heating prices could rise by 10%.

Debt Assist can only see worsening circumstances for low income families who are struggling with debt or have mortgage arrears. No matter how you look at it next weeks budget will reduce your typical families spending power either directly through taxation or indirectly through price increases. Debt Assist can help anyone who is having problems with debt and can often reduce a client’s repayments by up to 50%.
Call us on 1890 87 67 27 or visit us at http://www.debtassist.ie/ to book a free consultation with one of our advisors and see how we make sure that you only pay what you can afford to pay.