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Hello, it seems AIB bank now have quite a quick response to recieving keys. I know of one case where keys to buy to let apartments were posted back to the bank and within a week the bank had its agents out to change the locks and serve eviction notices on any remaining tenant.

Does anyone know if there are jewel dealers in Ireland for the sale of good diamonds? Not a pawn shop but an actual diamond/jewel dealer???? Sorry if off topic.

I think Ross Maguire is correct. People will go bankrupt and stay in their houses. Whether or not it is by way of an arrangement that they ultimately take it out of the estate of the last deceased owner remains to be seen. That would be an Irish answer to an Irish problem. Do you really think...

Why are you worried about the ex or the banks difficulties after you go bankrupt?? It becomes their problem, you just walk away.

By the way, I have taken the time to read all the forms that need to be filled out and filed for a bankruptcy here in Ireland and in the UK , there is no doubt that anyone who managed to go through the process of purchasing a property could do this by themselves. There should be absolutely no...

Michael, save that rent to pay up to date all your taxes, personal and property. Only give them back the keys when this is done!!!! Do not leave yourself open to other debt stresses at the the end of this.

Michael, things are not at all as bad as you think. You did not own these properties anyway, you have only lost the hope of owning them in years to come. But that is hardly a loss given it earns you write off a huge debt. You have no children!! That is such a freedom in many respects. Do your...

Thank you, is it the case that everyone in the IRBC will now have to go into Nama by virtue of the liquidation? Even if they may not have been in Nama otherwise??

Can someone explain to me in simple terms how a person/business can end up in Nama if they are meeting all their capital and interest repayments on loans? Is it correct that businesses have ended up in Nama simply because the banked with the IBRC which was liqiudised? Thank you

Your eldest simply must get a job. Simple as that, there are plenty of cleaning jobs. I know top barristers who chambermaided in Germany summer after summer to earn money for college, this is the 80's again. We all had crappy jobs in college. Yes she will have plenty time to study. Also they...

So basically you are saying you need a very clued in debtor to successfully use the statute. I think you overestimate the worry that people have about the bank when they have nothing, when you have nothing you have more immediate concerns

Ring the office of Friel Stafford Dublin. They do big and small matters. I found them extremely helpful. They gave me lots of good advice on the phone and didn't charge me.

Brendan, what is the point of MARP if as soon as you are out of the process they sue you for the arrears accrued during it, it renders the process meaningless. You just wasted whatever length of time you spent in it?????? Surely if it is to have any purpose those arrears need to be absorbed into...

I simply cannot see how they would refuse, but it does depend on the bank. You have a good chance with AIB, who is your bank?

Steve, you are still very very welcome on this site by all of us that value your contribution. This new change will not stop the flow to the UK because its still much quicker. People will still seek out the advice.

The official assignee for our new Irish bankruptcy has said that efforts would be made to keep the family home for example the wife could buy if from the official assignee but of course that only works if only the husband is on the mortgage. It depends whose name is on both mortgages. There is...

Good helpful sensible post Brendan.

Helen, do go to MABS, even if your house is safe for now. No matter how rural you are there is one in a nearby town. MABS will have the knowledge about the other associations and organisations that can help. In a small locality a person can feel embarrassed but I promise you faithfully that you...

Can you be a bankrupt and keep a job as a public servant??? I know that you cannot act as a solicitor or accountant or in management. Best check it out.

Hello Stress pains, you are in the right place here so that a good start. There are very good threads on the bankruptcy so read them all carefully. You will get through this in time and you will start again. The advice to seek help with stress in very important. You must keep your health up to...