Debt Management (APA in Debt Management Services)

Why APA (Debt Management Services)?

The Professional Certificate in Financial Advice, leading to the APA (Debt Management Services) the Central Bank’s Addendum to the Minimum Competency Code (MCC) – effective June 1 2014 – to meet the needs of those working in the area of debt management, and who are now required to meet the MCC by means of a recognised designation.

To be awarded the APA (Debt Management Services) designation by LIA, you must register for and successfully complete a single module educational programme offered by LIA’s academic education partner, the Institute of Banking which is a recognised college of University College Dublin (UCD).  Those who successfully complete this module and satisfy the pre requisites will receive a 5 ECTS (European Credit Transfer and Accumulation System) qualification at level 7 of the National Framework of Qualifications.

 

*You must already hold either the APA (Loans) or the QFA designation before undertaking the Debt Management Services module.

Course aims

The purpose of this new Debt Management Services module is to ensure that those offering debt management services can competently explain:

  • the concept of debt management and the benefits it can provide to customers
  • the options available to micro SMEs that enter financial difficulties
  • the approach of the different types of creditors and the methodology of debt management solutions
  • the role of a debt adviser and the letter of engagement.

Key competencies

This module in Debt Management Services will also provide key competencies in the following areas:

  • the concept of debt management and the benefits it can provide to customers
  • the options available to micro SMEs that enter financial difficulties
  • the approach of the different types of creditors and the methodology of debt management solutions
  • the role of a debt adviser and the letter of engagement.
  • mortgage arrears
  • taxation
  • security for consumer & micro enterprises
  • budgeting
  •  providing appropriate advice
  • (mortgage and consumer credit)
  • Personal Insolvency Act 2012
  • the role of the courts in
  • debt management and
  • debt enforcement
  • negotiation and different types of creditors
  • regulation.


Next Exam Session:
September 2017
Close Off Date:
30 Jun 2017

Enrol on a Course

Course Modules

Debt Management Services

€295
  • The concept of debt management
  • Legal principles
  • Consumer debt
  • Mortgages arrears
  • Taxation
  • Security for consumer & micro enterprises
  • Budgeting
  • Providing appropriate advice (mortgage and consumer credit)
  • Providing advice micro enterprises in financial difficulties
  • Personal Insolvency Act 2012
  • The role of the courts in debt management and debt enforcement
  • Negotiation and different types of creditors
  • Regulation
 

Examinations

  • Written paper
  • 2 hours duration
  • Pass mark 40%

Next Exam Date:
02 Sep 2017
Close Off Date:
30 Jun 2017