After a lafge shortfall in monies owed after selling properties, I have negotiated and agreed an informal agreement with my bank (AIB) which writes off some of the debt assuming i fulfill this new agreement and have signed this new loan agreement.
If my financial circumstances change significantly for the worse, do banks enter into a new negotiation based on my new lower income? Does anyone know if this is something that happens in practice?
(While i understand you can t be having a new...
Do banks in practice re-negotiate a new shortfall deal if circumstances have changed?
If my financial circumstances change significantly for the worse, do banks enter into a new negotiation based on my new lower income? Does anyone know if this is something that happens in practice?
(While i understand you can t be having a new...
Do banks in practice re-negotiate a new shortfall deal if circumstances have changed?