M
martyod
Guest
I am running into Financial difficulty as I own property in Ireland and am trying to meet the repayments.
I bought a property in Bulgaria in 2005 and got a mortgage for €65,000 with a UK bank.
I have never missed a payment in the 6yrs the mortgage is now down to €54,000.
I have been trying to sell the apartment in Bulgaria but no joy. I will have no option but to default on the Bulgrarian Mortgage.
I was wondering if anybody would know what are the consquences of defaulting with a Greek bank based in London?
Will they come after my Irish assets for the shortfall in the mortgage.
Urgent advice needed.
I bought a property in Bulgaria in 2005 and got a mortgage for €65,000 with a UK bank.
I have never missed a payment in the 6yrs the mortgage is now down to €54,000.
I have been trying to sell the apartment in Bulgaria but no joy. I will have no option but to default on the Bulgrarian Mortgage.
I was wondering if anybody would know what are the consquences of defaulting with a Greek bank based in London?
Will they come after my Irish assets for the shortfall in the mortgage.
Urgent advice needed.