Self Employed in Northern Ireland but Living in Monaghan.
I have a question maybe someone else has similar experience, or can advise me. Basically ive been self employed in Northern Ireland for about ten years, and I live in Republic of Ireland, Monaghan....
View ArticlePIA in Ireland including UK unsecured debts?
Does anyone know if someone living in Ireland can enter into a PIA in Ireland, and include their UK unsecured debts in it?
View ArticleMortgage to rent rules
Two of the rules for eligibility for MTR are: 1 Income (net?) of not more than 35000 p/a 2 Assets of not more in value of 20000. If a person who has been in MTR for a period, now eg thru promotion or...
View ArticleUK Mortgage during Irish PIA
Can anyone tell me, if I enter into a PIA in Ireland, for secured and unsecured debts, would I be able to go to a UK bank, and get a mortgage to buy a property in UK during my Irish PIA?
View ArticleEffect of Split Mortgage on ICB Credit Rating
Does anyone know the effect of a split mortgage (20% in a moratorium) on a credit rating? Thanks to family there were never any arrears, late or missed payments while it was negotiated and everything...
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ISI Reasonable Living Expenses & Cars
I was just looking through the ISI's reasonable living expenses guidelines. Can anyone explain the rationale for the set costs of a couple with no children being higher when they have no car? The set...
View ArticleRestructure option where arrears are added to the principal balance
Hi Brendan, Any advice with regard to my mortgage details below would be much appreciated. Original loan advanced: €331,000 in 2008 Outstanding balance: €333,000 Arrears: €61,000 Monthly arrears: €1900...
View ArticleDRN - Insolvency Service Requirements
Hi, Long time lurker here, I joined up to ask for your knowledge... I was recently awarded a DRN (Debt Relief Notice) via MABS support. I'm wondering does anyone know how often I need to submit...
View ArticleAdvice needed on Judgement mortgage
I'd appreciate if anyone can clear this up for me. A bank has a JM against me and has registered it against my property. However, the bank subsequently sold on the debt to a vulture fund after having...
View ArticleDebtors may live beneath Reasonable Living Expenses whilst going through a...
The High Court has found that Debtors may live beneath Reasonable Living Expenses whilst going through a Personal Insolvency Arrangement. The Court recently gave judgment in which it overturned two...
View ArticleDebt Settlement Arrangements
I have mounting unsecured debts, which are border line unmanageable. I have a mortgage on my home with equity of about €120,000 and a rental property outside the state in negative equity of about...
View ArticleSuccess! I got a mortgage 4 1/2 years after being declared bankrupt
So folks after over 2 years of applying, we got mortgage approval back in July and we'll finally be getting the keys to our new home next week. For the doubters out there (@Brendan Burgess being one -...
View ArticleBank seeking judgement after 14 years debt default
My old Bank , via Solicitor's collection, is beginning to prepare judgement against a loan I got from them back in 2005. I've paid back as much as I could, but in the last five or six years, very...
View ArticlePost bankruptcy. Bank has not repossessed house so still liable on icb...
Hi My husband bought a house with an ex girlfriend in 2006 and they emigrated in 2008. Husband came back 2 years later but ex stayed. They have two children. Ex has no interest in house and doesn’t...
View ArticlePersonal Insolvency Arrangement questions re Duration, Redundancy &...
Hi All, Hoping some of you can help with some information about the following points as I've been unable to find anything conclusive elsewhere. I am a few months away from completing year 4 of 6 year...
View ArticleBankrupcy and receiving money for tracker redress
Can a bankrupt keep any money they receive as a tracker redress payment or does it have to go to the OA ? Even if its a very small amount . Thanks
View ArticleGetting a mortgage after lump sum DSA
Is it any easier to get a mortgage at some point in the future after doing a lump sum dsa vs Bankruptcy? The dsa will be on my record for 5 years. Is it effectively regarded the same as having gone...
View ArticleEquity in Family Home post Partner's Bankruptcy
Hi folks, quick story, partner went bankrupted after failed business circa May 2017. Joint mortgage on the home, her portion transferred to the OA. Some (not huge) equity on the house at present. I've...
View ArticlePIA
Hi, I’m wondering if any PIPs have been successful in obtaining a PIA for clients now down below the CMV of a mortgage now, based on facts that the clients had previous attempts refused? Mainly due to...
View Articlecompany director options in pia
Hi Can company director on salary avail of a PIA , and does it have any implications for the company ? or the director? i.e company overdraft or lease etc. its a small start up with 3 employed.
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