Bankruptcy or settlement agreement?

[Matthew Moore]

Thanks Pat, yes I was unsure if you could you say your liabilities exceed your assets by €20 k until after the property is sold. A friend of mine is considering surrendering her property and was unsure if she had to wait until after the bank sold it before going for bankruptcy as she has no other debts

Your friend should be aware that she must investigate a DSA/PIA to see if that is more appropriate to her situation.