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    I'm bankrupt but wife is not. Mortgage being paid.

    I'm guessing they value the house and can easily check what's owed on it As the house is likely the main asset if any I would imagine its the first thing they look for
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    PIA after separation. Allowable expenses towards children?

    What assets have you It really depends on your assets and liabilities Is their anything to go after ?
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    I'm bankrupt but wife is not. Mortgage being paid.

    If you retain the house and it goes I to positive equity within 3 years if discharge you have to pay the difference but they will give you time to pay it.
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    ISI Guidelines on surplus income

    They include everything, if you log onto the Insolvency Service of Ireland website you can see the breakdown, based on family units and if you need a car or not etc.
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    ISI Guidelines on surplus income

    Couple, no car €1509 per moth plus reasonable rent or mortgage (no kids) Single person no car €938 per month plus reasonable rent or mortgage (no kids)
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    Contact from Bank after Bankruptcy

    Its an automated text so the number that sent it won't accept calls If you are concerned call the bank on the phone number on their website.
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    I'm bankrupt but wife is not. Mortgage being paid.

    If there is negative equity, the bankruptcy assignee will not take an interest, however if the property rises in value to go into positive equity within 3 years of discharge they will look for the value of the positive equity. They will allow you time to pay this amount. The procedures...
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    Getting a mortgage after bankruptcy

    I opened an account in our local credit union I just brought my certificate of discharge and the account was opened in 5 mins
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    Letter of court proceedings other party to mortgage in the process of going bankrupt

    The most important advice above is contact the Irish mortgage holders association NOW Forget your own PIP The IMHA is free and I have just exited bankruptcy with their help Also get a proper valuation on the house
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    Bankruptcy Over - Need to get a mortgage ASAP

    deleted as did not know newspaper articles could not be quoted, even though the article has a share facility on it to allow it be shared
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    Bankruptcy Over - Need to get a mortgage ASAP

    Where do you get that from that lots of people rent in retirement? I would be very sure that the numbers of people renting privately in retirement has been very low, unless they have sold off their home Home ownership has been the Irish way for decades. Would you like to be renting in your...
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    Bankruptcy Over - Need to get a mortgage ASAP

    No, they take other things into consideration, and given that we have no dependents and wont have any, that means we can afford a much higher repayments. When we got our first mortgage we then had kids, and all the costs associated with that, Had we got better advice we should have closed our...
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    Bankruptcy Over - Need to get a mortgage ASAP

    Sadly it seems this is going to be the case, I just don't see that people and politicians in particular see the massive problem of a generation of pensioners needing housing. The number of ex bankrupt, separated people in new relationships etc, that could service mortgages but will / are been...
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    Bankruptcy Over - Need to get a mortgage ASAP

    For years building societies gave 90/95% mortgages, then greed took over, they nearly all converted to banks, and increased the size of loans inflating property prices. The level or repossession was very low, as repayments were affordable and interest rates were a lot higher. Owner occupiers...
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    Bankruptcy Over - Need to get a mortgage ASAP

    Large deposits for all owner occupiers make no sense and only are for the benefit of the wealthy. The Central Bank would be far better restricting the amount that can be borrowed based on affordability. Let me explain, many many years ago, banks only lent based on one salary for a mortgage...
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    Bankruptcy Over - Need to get a mortgage ASAP

    We are aware of the age issue and the normal deposit rules which makes the matter more urgent. I am sure there are tens of thousands in the same boat as us. Regards the 20% deposit that rule can be broken by banks in up to 10% of cases to the best of my knowledge. The sad fact is that all the...
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    Bankruptcy Over - Need to get a mortgage ASAP

    Folks, we are a couple in our mid 50s just exiting Bankruptcy. We are currently renting a nice 3 bed house in South Dublin, and have 2 house mates. The rent we are paying would comfortably pay a €400K mortgage over 20 years, which is in and around the value of the house we are in, and the...
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