World

Irish Bill Could Prevent Thousands Of Foreclosures

NPR | Oct. 11, 2012 11:24 a.m.

Robert Siegel talks with Charlie Weston, personal finance editor at The Irish Independent in Dublin, about Ireland’s “Personal Insolvency Bill.” The law, likely to pass later this year, would potentially prevent a wave of foreclosures across the country by, in part, forgiving some of the money that borrowers owe to banks.

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