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Thanks for that.

Jim. When you say the market valuation "may be discounted by at least 10%" for the purposes of the PIA v Bankruptcy comparison. Is the 10% a minimum discount? If the property is worth €300,000 does it automatically get written down to €270,000 or less?

Thanks for that Slim.

Hi Brendan Thanks for the info. I am baffled by the net income and the tax relief. If my father's gross income is €60,000 then his net income is about €40,000. If he pays the full nursing home fee of e.g. €70,000 the extra tax relief will mean his net income increases. No? So which net income...

Thanks Jim.

Hi If as part of a PIA I have unsecured debt wiped by the bank and e.g. subsequently sell my PPR in 10 years time, can the bank demand the extra equity realised in the sale? Even if there had been no debt written down on that particular property? And do PIA's generally contain clauses...

I have received conflicting advice on this issue recently and would appreciate some insight. I have unsecured debt of €200k. My home is in negative equity (circa €50k)with €300k outstanding on mortgage. After mortgage/RLE's I have a monthly surplus of about €100. This means a 6 yr PIA would...

Apologies for my typo. That should have read €150/week.

After a separation agreement (non-judicial) with ex I am paying child maintenance (€150/mth) for my daughter. I understand that this is deemed a legitimate living expense under RLE guidelines. If I go bankrupt/enter PIA, is this untouchable or will the amount I'm paying come under scrutiny...