Go Back   Askaboutmoney.com > Search Forums

Showing results 1 to 25 of 163
Search took 0.02 seconds.
Search: Posts Made By: Peter54
Forum: Mortgage arrears, personal debt & negative equity - questions and case studies 06-10-2013, 04:48 PM
Replies: 65
Views: 6,456
Posted By Peter54
Thanks to everyone for all the replies. A...

Thanks to everyone for all the replies.

A few people have thrown around the morality card which is a sore subject with me. Where is the morals of our Government who continue to cut, slash and...
Forum: Mortgage arrears, personal debt & negative equity - questions and case studies 02-10-2013, 02:39 PM
Replies: 65
Views: 6,456
Posted By Peter54
Hi Claire, no the split mortgage is not based on...

Hi Claire, no the split mortgage is not based on SFS and reasonable living expenses it is based on the figure the bank is desired to accept. That is why I am unable to meet my payment. I have...
Forum: Mortgage arrears, personal debt & negative equity - questions and case studies 02-10-2013, 10:22 AM
Replies: 65
Views: 6,456
Posted By Peter54
Hi Cremeegg, I completely agree with your...

Hi Cremeegg,

I completely agree with your post. Without a doubt the consequences will be the same for me whether I pay what I have now or pay nothing at all. The bank have flat out refused my...
Forum: Mortgage arrears, personal debt & negative equity - questions and case studies 01-10-2013, 07:05 PM
Replies: 65
Views: 6,456
Posted By Peter54
Hi Brendan, Re-reading what I wrote looks...

Hi Brendan,

Re-reading what I wrote looks juvenile but I have been told that they are going for repossession shortly anyway so I don't feel inclined to pay anything to them at all.

My quality...
Forum: Mortgage arrears, personal debt & negative equity - questions and case studies 01-10-2013, 03:34 PM
Replies: 65
Views: 6,456
Posted By Peter54
Hi Brendan I stopped paying the mortgage all...

Hi Brendan

I stopped paying the mortgage all together because what I was paying them was not enough. I am also trying to gather up money in case I need to rent.

The offer is in keeping with...
Forum: Mortgage arrears, personal debt & negative equity - questions and case studies 01-10-2013, 03:28 PM
Replies: 65
Views: 6,456
Posted By Peter54
Thank you Gerry. Should I take on the full...

Thank you Gerry.

Should I take on the full NE loan or would it be cheeky on my part to ask for a part write down of the NE portion or do I simply keep my mouth shut and accept the NE loan so the...
Forum: Mortgages and buying and selling homes 01-10-2013, 03:20 PM
Replies: 3
Views: 1,438
Posted By Peter54
The story could be plausible but it sounds...

The story could be plausible but it sounds similar to a story I heard last year about a guy who was given the run around by estate agent; similar to that of the OP; only to discover the EA and...
Forum: Mortgage arrears, personal debt & negative equity - questions and case studies 01-10-2013, 03:02 PM
Replies: 65
Views: 6,456
Posted By Peter54
Ways To Entice a Bank To Accept a Sale on a Property In Negative Equity?

Hi

I have a cash buyer who is interested in purchasing my heavily indebted home. NE 200,000.00 plus some.

I am anxious for the bank to accept the offer as I do not see a stampede of people...
Forum: Mortgage arrears, personal debt & negative equity - questions and case studies 31-12-2012, 03:07 PM
Replies: 31
Views: 9,443
Posted By Peter54
This is a very long winded process. I am...

This is a very long winded process. I am currently trying to sell an investment property and the bank are not budging because of how little I have been offered. They are convinced the property is...
Forum: Mortgage arrears - policy issues 13-12-2012, 09:00 PM
Replies: 34
Views: 5,910
Posted By Peter54
The only hysteric here is the fact that banking...

The only hysteric here is the fact that banking institutions (businesses), are allowed to threaten the very democracy of this country because they are upset by a couple of loopholes in the law. Big...
Forum: Personal Insolvency, bankruptcy, etc 22-11-2012, 04:01 PM
Replies: 15
Views: 6,401
Posted By Peter54
You can say that again. One particular solicitor...

You can say that again. One particular solicitor balked at the idea of taking on my mortgage case i.e asking the bank for a write down. This was the very same solicitor who was there with me when I...
Forum: Mortgage arrears, personal debt & negative equity - questions and case studies 13-11-2012, 05:17 PM
Replies: 7
Views: 1,522
Posted By Peter54
Interesting concept . . . But Why would...

Interesting concept . . .

But

Why would the banks sell the bad debts to Occupy NY for a couple of cent on the dollar when it would be more feasible to sell the the distressed property and get...
Forum: Askaboutbusiness 13-11-2012, 05:11 PM
Replies: 7
Views: 1,621
Posted By Peter54
Hi Callybags No, there was no mention of...

Hi Callybags

No, there was no mention of paying me in any other form. The only promise I have is a wishy-washy verbal undertaking that the Revenue may or may not unfreeze their account.

I...
Forum: Askaboutbusiness 13-11-2012, 02:50 PM
Replies: 7
Views: 1,621
Posted By Peter54
Absolutely Vandriver. The company has money to...

Absolutely Vandriver. The company has money to meet my debt but but their accounts have been frozen. This is like asking how long a piece of string - but how long does a Revenue investigation...
Forum: Askaboutbusiness 13-11-2012, 01:40 PM
Replies: 7
Views: 1,621
Posted By Peter54
My customer's account has been closed by the revenue.

Hi guys,

I need some urgent advice please, if you could spare some time to answer my questions.

I am a trades person, self employed sole-trader. As you can gather work has been very scarce of...
Forum: Consumer Issues and Rights 25-09-2012, 11:23 AM
Replies: 57
Views: 18,723
Posted By Peter54
They sent me out a declaration declaring that I...

They sent me out a declaration declaring that I do not possess a TV, which I had to sign. Hopefully this will be the end of the letter writing and I will hear no more.
Forum: Consumer Issues and Rights 13-09-2012, 02:16 PM
Replies: 57
Views: 18,723
Posted By Peter54
No TV so No Licence but still getting final demand notices

I no longer have television in my home due to financial difficulties. I could not afford the TV Licence nor could I afford to keep a TV channel package.

I keep getting final demand letters about...
Forum: Mortgage arrears, personal debt & negative equity - questions and case studies 12-09-2012, 09:15 PM
Replies: 4
Views: 2,321
Posted By Peter54
Hi John,p, which bank is it? If its a foreign...

Hi John,p, which bank is it? If its a foreign one based here then they are simply refusing to stretch the mortgage term. I'm currently in a similar battle. I have spend three years trying to get...
Forum: Mortgage arrears - policy issues 12-09-2012, 09:09 PM
Replies: 3
Views: 1,751
Posted By Peter54
Hi Itsallwrong, any idea why some people who are...

Hi Itsallwrong, any idea why some people who are in arrears are not protected under MARP? My sister is in arrears of approx. 15k and her bank has never once mentioned MARP.
Forum: Mortgage arrears, personal debt & negative equity - questions and case studies 07-09-2012, 12:12 PM
Replies: 36
Views: 6,316
Posted By Peter54
Banks have brought this state to the point of...

Banks have brought this state to the point of destruction. Why should we believe anything these people tell us?

The OP was 100% accurate in telling the bank to deal in writing. How are they...
Forum: Mortgage arrears - policy issues 03-09-2012, 04:05 PM
Replies: 28
Views: 7,715
Posted By Peter54
No, restructured mortgages nor reduced payment...

No, restructured mortgages nor reduced payment plans are included in the above figures, that's what makes this whole situation thoroughly frightening.
Forum: Mortgage arrears - policy issues 02-09-2012, 10:00 PM
Replies: 24
Views: 6,119
Posted By Peter54
Anti Eviction Task Force

I never knew such a movement in Ireland existed, until I read an article in one of today's newspapers. These guys seem to be expanding and their support becoming greater.

Is this the beginning of...
Forum: Mortgage arrears - policy issues 02-09-2012, 08:58 PM
Replies: 3
Views: 1,751
Posted By Peter54
Is MARP working?

My situation has deteriorated since entering the process. From reading the T&C's I note your provider must contact you if more than three payments are missed under the agreement. I've missed more...
Forum: Mortgage arrears, personal debt & negative equity - questions and case studies 02-09-2012, 08:53 PM
Replies: 2
Views: 1,040
Posted By Peter54
Time, how long would a mortgage provider take?

Time, how long would a mortgage provider take?
Forum: Mortgage arrears - policy issues 02-09-2012, 08:41 PM
Replies: 28
Views: 7,715
Posted By Peter54
Nothing to do with almost 500,000 unemployed???

Nothing to do with almost 500,000 unemployed???
Showing results 1 to 25 of 163

 
Forum Jump

All times are GMT +1. The time now is 07:12 AM.