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    175k matures

    Hi Mavis My recommendation would be to pay off your debts first.
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    A professional needs to keep a house befitting his/her professional status?: liveline

    From Liveline. It's at 1hr 21min 50secs As said above, a professional (and he specifically mentions a solicitor) should be allowed keep a palatial house as this befits his/her standing in society and sends out the signal to neighbours and clients about who they are, thus allowing them to...
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    Greg Connor:"more than 35% of mortgages arrears are strategic defaults"

    The Ulster Bank figure regarding those in arrears paying ZERO is a big red flag. Even unemployed people make a contribution to their accommodation so paying zero is definitely strategic default (or selective prioritising of repayment) in my book.
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    Repossession is a valid outcome for someone in arrears

    Where is your compassion for those who carefully avoided risk and are now being scolded for not jumping into the boiling hot water too? i.e. drop the appeal to emotion please and try to base your argument on something approaching sense. P.S. You know nothing of my personal circumstances. For...
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    Greg Connor:"more than 35% of mortgages arrears are strategic defaults"

    Same study. Reference to it here. Not yet published formally as far as I know.
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    Greg Connor:"more than 35% of mortgages arrears are strategic defaults"

    It actually could be higher than 35% because that figure only counts the ones paying zero. It doesn't count the ones paying 1-99% of mortgage repayment amounts to get the banks off their backs when they are able to pay more. I think it's fair to assume that the vast majority of those paying...
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    Repossession is a valid outcome for someone in arrears

    It's as lazy as the argument that not guaranteeing Anglo-Irish would have stopped ATM's running, even though Anglo-Irish didn't actually have any ATM's.
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    Repossession is a valid outcome for someone in arrears

    Split mortgages are not a solution. They are a can kicking exercise and can kicking exercises are a large part of the reason why we are in the position we're in today.
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    IMF's comments on the mortgage crisis

    If the tracker is fully paid up, they should be told where to go. Probably just a shot across the bows of people on trackers but also in arrears.
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    2 houses, can I keep the one I want, or will I have a choice

    Typo on the value of the investment property? Repayment is interest only I presume? What would the capital repayment be? What are you doing with the €760 a month surplus from rent? You could clear the 9 arrears in a year with that. You're in arrears on both (despite a suplus from rent) so I...
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    Unsustainable mortgage and emigrating to USA

    €3600 coming in? €2400 on mortgage repayment would leave you with €1200 a month left over. That's more than what our household has left over after paying the rent...
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    Insolvency Service of Ireland Website

    Website is up. [broken link removed] Their guidelines are interesting to read. [broken link removed] How many single people do you know with €1026.05 left over after paying their tax and rent/mortgage? It's going to give more people an incentive to go into arrears. And the issue of whether...
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    unsustainable mortgage in negativ equity - how best to proceed?

    And the people who won't be spending because they are paying higher taxes to fund this don't matter!
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    unsustainable mortgage in negativ equity - how best to proceed?

    Unlike some here, I'm going to assume the best case and state that you have my sympathy. Far too many people have been caught out having to move for work. If you sell now and crystalise the nearly 150k loss, you may be able to negotiate different terms of payment as the capital will be reduced...
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    Caroline Lennon Nally Posterwoman for mortgage arrears

    More bias from Pat Kenny on his show yesterday. "But they'd have no house!!" says Pat. Pat does not know or care about the concept of renting.
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    Caroline Lennon Nally Posterwoman for mortgage arrears

    NAMAWINELAKE did an article on Pat Kenny on that very issue. http://namawinelake.wordpress.com/2012/11/20/pat-kennys-property-dealings/ Seeing the airwaves flooded with people whose hard luck stories don't really add up and them being allowed to spread their propaganda almost unchallenged...
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    Frontline programme on mortgage arrears and negative equity

    Well done on tackling her last night Brendan.
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    Caroline Lennon Nally Posterwoman for mortgage arrears

    Well done on tackling her last night Brendan.
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