Mitchell O'Brien, PIP

Insolvency Practitioner - Founder of Ireland's first dedicated Personal Insolvency Practice

[Mitchell O'Brien, PIP @mitchellob]

PIP Practice is an equal blend of arithmetic, law & ethics; balancing the interests of debtors and creditors, and facilitated by an independent statutory functionary, the Personal Insolvency Practitioner ("PIP")
@ISIbackontrack @AbhaileInfo @MABSinfo

[Charlie Weston @CWeston_Indo]

Homeowners hit by mortgage squeeze as home loan costs double in five years https://t.co/Vy50n3rU4Q

[Mitchell O'Brien, PIP @mitchellob]

Looks like the ECB interest rate will go up again next month.
Worth looking at current fix rate offers from your mortgage lender.
https://t.co/I1wnxMT3IK

[Mitchell O'Brien, PIP @mitchellob]

Bond market turmoil complicates ECB rate decision

https://t.co/57sNgzzwA2

[Mitchell O'Brien, PIP @mitchellob]

@SimonHarrisTD allow people to manage their own pensions without requirement for a trustee.
A form of your new investment idea would do.
@Revolut can facilitate immediately.
NO FEES!
STOP PENSION COMPANIES RIPPING US OFF, THEY RARELY BEAT S&P 5O0 RETURNS
https://t.co/wF4Sdt99j8

[Mitchell O'Brien, PIP @mitchellob]

Irish people can use a calculator and have common sense @IRLDeptFinance
@Independent_ie
https://t.co/f9ruzLKxSW

[Mitchell O'Brien, PIP @mitchellob]

What happens when you can’t pay an electricity or gas bill?

https://t.co/U6jdTbH7Zy

[Mitchell O'Brien, PIP @mitchellob]

Welcome clarity for PIPs from the High Court on both:
1. How interest rates can be applied in a PIA, and
2. Extending mortgage terms beyond normal retirement ages in a PIA
https://t.co/S3JvpTK3jc

[Mitchell O'Brien, PIP @mitchellob]

Lots to learn from the @centralbank_ie mortgage arrears statistics for Q2 2026.
Concerning how many new arrears cases in Q1 & Q2, & no meaningful progress on long-term arrears cases. @CWeston_Indo keeping on top of this 18 year saga

[Charlie Weston @CWeston_Indo]

Cost-of-living crisis blamed as 12,315 mortgage accounts fall into arrears for first time https://t.co/4qRtABGipL

[Mitchell O'Brien, PIP @mitchellob]

These ECB comments are worth considering
https://t.co/L5xn3OLfOU

[Mitchell O'Brien, PIP @mitchellob]

@Styo28183449 @CWeston_Indo There are no moving parts on a solar panel, so I suspect the life of those will be long. The batteries, charger and inverters will likely have some issues over time, but adding one battery every 10 years to maintain current storage capacity sits okay with me

[Mitchell O'Brien, PIP @mitchellob]

ECB set for September rate hike with no appetite for more https://t.co/SfquTXZ7HE

[Mitchell O'Brien, PIP @mitchellob]

Thousands of Irish OAPs at risk of losing homes over 'dire' mortgage repayments https://t.co/kk0aJJmOkc

[Charlie Weston @CWeston_Indo]

Thousands of homeowners in their 60s at risk of being evicted from their homes https://t.co/7MSzGWkPSA

[Charlie Weston @CWeston_Indo]

Pace of property prices rises slows but typical cost now seven times average earnings https://t.co/r2QFnF0h0t

[Mitchell O'Brien, PIP @mitchellob]

Our proposal for dealing with older low income borrowers in long term mortgage arrears written about by @CWeston_Indo on the front page of today's @Independent_ie
@centralbank_ie
@OCallaghanJim
@MichealMartinTD
@SimonHarrisTD
@AbhaileInfo
@mabsinf
https://t.co/D6NidxtMnY

[Mitchell O'Brien, PIP @mitchellob]

@Styo28183449 @CWeston_Indo Agreed the solar investment was with after tax money... But that cost is locked in now and not subject to inflation, and will continue to generate a return indefinitely. I'm happy with this

[Mitchell O'Brien, PIP @mitchellob]

An Enduring Power of Attorney (EPOA) isn't a easy thing to think about, or activate when the time comes, but a hugely important thing to have if it becomes necessary... If you know, you know
https://t.co/IcmPyUZ3Ah

[Mitchell O'Brien, PIP @mitchellob]

@Styo28183449 @CWeston_Indo The opportunity cost (foregone interest - BOI 2.15% 1 year fixed int rate) was €1,032 subject to tax... However, our annual household costs for electricity, heating & diesel for 2 cars is close to €12K p/a... Which is not taxable, so worth nearly €24K gross annual income

[Mitchell O'Brien, PIP @mitchellob]

1 This @BPFINews data,
2 House prices,
3 stock market values,
& it's beginning to look a lot like 2007.
If you are struggling to meet loan payments while maintaining a reasonable standard of living, call https://t.co/tgXDubbqv6 for advice on options

https://t.co/enauci4eKG