Search results

I thought I would come back here and update everyone in case it helps I spent 10 years battling back and forth with the EBS over the arrears, submitted endless SFSs, got some strong legal letters, threats and calls from them. And they refused all proposals to recapitalise, to surrender the...

Hi Deanpark. Amazed to hear about your experience with EBS although it may be because properties have started to increase in value again. At the depth of the recession they were very closed and would not engage with me despite me sending long letters etc. I have heard that banks can sell debt...

Hi Bronte. Thanks for that. My anxieties are racing at the moment. What would be ideal is for them to wait a few more years until property values increase and they can recoup all their money including arrears. The guy at the IMHO said something along the lines of "yes they will likely pursue...

So the thing which really makes me anxious is the idea of debt collectors coming to my home in London. My current bank accounts have my PO Box details on them. However, if more paperwork is required by courts, they will likely find out where I live. It really bothers me - folk coming to the house.

Hi there. So have made some calls and the guys at IMHO have been friendly and move fast. However he said it was unlikely I could get a write-off and I would "definitely be liable for the shortfall" (fair enough, I guess) I must fill in another SFS What I am finding confusing is that if I am...

Amazing advice, thanks so much. This exactly what I needed.

Happy to hand property over and walk away (its been a nightmare in other respects too - regarding the management and dilapidation etc) but terrified of a drawn-out court case or continuing to be in debt to them.

Yes I left years ago and they have had my local postal address since 2013. The letter arrived yesterday and dated from 26 Feb. I have copies of all my numerous and fruitless emails, and registered mail letters over the years. In fact I thought Id sell it when the value rises and put it behind me...

This list of questions doesnt apply as it has gone beyond assessing the feasibility of arrears - the bank has made a call and I need to understand the next legal steps to take.

It was a residential properly (my home) until I left and got a tenant to help with the mortgage. So they still regard as a residential property I guess Could someone recommend a professional who I can call asap? Ive only a few days to get to the bottom of it. Either a lawyer or accountant?

Hi all. I have lived in London since 2012. For a few years now I have had long periods of unemployment, poor health etc have meant that for some time I couldn't pay the full mortgage to the EBS, and then when I left I got a tenant and send all the rental to the bank, which has been less than the...

Contact frost.ie - they are very helpful and will provide an assessment and dont charge a fee.

The PRTB should be able to help you with the tenant. There must be some way to resolve things to get rental income coming back in in

When I contacted the Experian group they confirmed that any arrears, loans or judgements in Ireland would not appear on your Uk credit report. But not sure about bankruptcy in another country. Doubtful though

Some agents do not charge for credit checks but most do. We paid 140 pounds for ours and it was a curious experience because we got the flat but at the same time we have a zero credit history here! I understand that for some agencies the fee can be in excess of 200 pounds.

marsfmal - have you called Frost.ie? They dont charge a fee and do negotiate on your behalf. I found them very easy to talk to and they helped me with some advice.

Queen - just a quick heads up to say that we looked at Cardiff and Bristol too and there seems to be more work in Cardiff at the moment (Bristol is really quiet unless you are in IT and is also quite expensive.

My understanding is that your bank accounts will be affected. It is only Barclays bank who allow bankrupts to hold an account so recommend you open one asap and have salary transferred into it. If there is 'surplus' cash in your wage packet they may do an IPO and in that case your cash flow is...

With a large family like your own you are entitled to a use a chunk of money to set yourself up in the UK - get a family car, furniture, clothing, new home etc.

Thanks Luternau - I am embarrassed about this all. I have actually paid my LPT and household tax (!) as I did hear about those at the time. I had my head in the sand for a long time when I was under considerable stress. And what I need to work out is how to pay - I was out of the country for...