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Personal Insolvency Act or Bank agreement

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Who can advice me?

My income:

Salary €2100 mth

Maintenance €400

Child benefit €130

Rental income €500

Total 3130



Arrears in house €80000

Mortgage outstanding €203000

House value? Maybe €250.000 maybe €300.000

Loan to expire Nov. 2022


I Have been offered agreement from bank: Capitalisation of arrears and extension of time of 10 years.

Monthly payment : €1388 which is sustainable

PIP has suggested I go with a PIA solution. I have no other debts.

Ex partner - joint owner in...

Personal Insolvency Act or Bank agreement

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