72,000 in debt split between me and my ex
Hi So I owe 71k to BOI after a house I purchased jointly in 2008 with my ex was sold at a loss I need help on choosing the road to go down, me and my ex don’t speak and I’d like to know what to do and...
View ArticleDischarged from bankruptcy-My experience.
It is now two months since my wife and I were discharged from bankruptcy and having gone through the last eight years of trying to avoid registered letters, solicitors demands and numerous 'phone calls...
View ArticleLooking for advice Ulster bank loan
In 2005 i took out a stocking loan under the guidance of my future husband i was young and foolish i worked full time and did not farm. I got a farm herd number and rented land paid for land and my...
View ArticleHow to fix a credit rating - one year on
How does one fix a credit rating which was destroyed as a result of a marital breakdown. I have kept a great record and am seeking to buy a new home for myself but am unable to secure any loans. Advice...
View ArticleChased for UK loan in Ireland
Hi, Hoping someone can help me with advice. I moved from Ireland to the UK in 2008 during the recession. Long story short, my mother doesn’t have a permanent job but has steady income. I co signed a...
View ArticleBankruptcy assessment question
Hi, just wondering if anyone knows how bankruptcy assessment works if someone that is married is going bankrupt. Husband has no debt and I am looking to clear mine. Bankruptcy seems my only option. As...
View ArticlePersonal insolvency
hi Has anyone been through personal insolvency ? I have a lot of unsecured debt and am not in a position to clear it . Any advice ?
View ArticleCan your credit file be reversed if you receive a windfall during insolvency...
If declared insolvent and you receive a windfall that goes to your creditors - which in turn manages to clear all your debts, can your insolvency status be effectively deleted from your file? I am...
View ArticleUnexpected letter from Ulsterbank!
Hi all, I have a loan with Ulsterbank for circa €11,000, down from 25k. It was taken out when I was a student and paying fees - then the recession happened. Long story short, we agreed a €300 monthly...
View ArticleQueries arising out of Vulture fund deal falling through
Business Premises loan 180k Arrears 10K. no payments since Dec 2014, sold in 2016 to vulture fund. Has been on the market for over 3 years. A receiver was appointed last July when we were in the...
View ArticleCompleted Insolvency, now bank refusing to write off debt as there was a...
Long story short, co-borrower (father) died in 2011, approached bank in 2013 for assitance for a period of time to get myself back in my feet. This was refused and after a lot of time wasting,...
View ArticleHow to restart my finances after bankruptcy discharge.
So, glad to say I was discharged from Bankruptcy in January and now thinking about how to get back on track. I have opened a credit union account and am saving a bit every week. I bank with AIB and on...
View ArticleHusband a discharged bankrupt - will we get a joint mortgage?
Hi all I am hoping for some advise. My other half was married before and this marriage ended badly with a lot of debt. Long story short he like others lost jobs during the recession and was unable to...
View ArticleVulture Fund appointed during PIA Appeal
We are in the middle of (a much drawn out) PIA appeal where our bank, AIB, seem to be kicking us to touch for well over a year now. I just received an email from our PIA attaching letters from the bank...
View ArticlePIA vs Bankruptcy. Is the difference in return important?
Hi I know it's far from an exact science but would anyone here care to hazard a guess on the probable "acceptance rate" of each of the following proposals? What I'm trying to ascertain is to what...
View ArticleInsolvency and personal injury claim
Hi, Can I ask some advise please. We're due to meet a PIP about the high arrears on our mortgage €60k . Ulster Bank sold to Project Scariff. We have been making full payments on our mortgage nearly 2...
View ArticleLoan pre-bankruptcy still on Credit Record
Howdy, I'll keep this short. Wife (former bankrupt) applied for a loan, was refused and called by bank. Have found an old credit union loan (included in bankruptcy) still being recorded on credit...
View ArticleCan a PIA be used where there is plenty of positive equity?
Rough facts: Married couple Home worth: €300k Mortgage: €200k including €70k arrears No other creditors Enough income to repay the interest in full and some of the capital. Bank has said it is...
View ArticleWhich professions can't avail of bankruptcy or insolvency?
The poster in this thread says that she cannot avail of personal insolvency because she is a pharmacist. Moving on with negative equity I find that very strange. Why would being insolvent affect one's...
View ArticleWhy don't more people avail of PIAs if they can get Negative Equity written off?
Jim Stafford said: Bronte, thousands of people have already availed of PIA's. Having said that, I am still baffled, in 2019, to meet clients facing severe financial difficulty that have not previously...
View Article