Incapable of Paying My Mortgage

P

Peter54

Registered User
Messages
169
I filled out a MABS budget sheet to help my mortgage provider restructure my home loan.

After filling out every section I am left with eighty euro per month and that's without paying my mortgage.

What do I do next?
 
Where does the rest of your income go? If it's to pay other, non-recourse, loans then prioritise the home loan and retain the roof over your head. If it's to pay for Sky Sports and gym membership you probably already know the answer.
 
Are you still in work? If not perhaps you can apply for mortgage interest subsidy.

If you are, what has changed since you got the mortgage? If income reduction then you can only try cut back all costs to the bone. If it is repayments to unsecured debt as previous reply says then you must contact them first to see if those repayments can be reduced, having said that MABS will do that for you if that is the way you want to go.
 
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