Income details
Net monthly (i.e. after tax) Income self: nature of income e.g. self-employed/public servant etc Unemployed Jobbridge €288 Weekly Income history: e.g. "I was made redundant in 2008 and have not had any work since..."
Net monthly income partner,spouse: Full time third level student, Back To Education Allowance recipient, I think?.
Income history:
Amount of child benefit received (Should be €130 per child) N/A
Amount of Mortgage Interest Supplement received (MIS is the social welfare payment to unemployed people, don't confuse with TRS) Unknown
Personal circumstances so we can calculate your reasonable living expenses
The Insolvency Service has published based on the family size, whether or not you need a car for work, childcare costs and other exceptional circumstances. By filling in this information, we (or you ) can calculate what your reasonable monthly living expenses should be.
One adult family or two adult family One adult
Do you need a car for work or do you use public transport? Car needed & Public transport also used.
No children
Monthly spend on special circumstances: e.g. exceptional healthcare costs 0
Home loan
Lender: Ulster Bank
Amount outstanding: €180K Term: 30 years
Value of home: €170K
Interest rate: specify whether tracker or SVR or fixed rate: tracker
Monthly repayment €375 (each)
Amount in arrears €2400
Home Insurance €26 & Life Insurance €67 in total per month.
Summary of discussions and agreements with the bank:
In Marp for two months. I have completed a SFS proving inability to pay mortgage until in employment.
UB spoke of offer for to pay reduced monthly mortgage payment of €250 in total for property over 36 months.(Prior to SFS completion) Unknown if ex has taken up this offer. I did not receive any documentation of this offer from UB.
Admittedly this is a generous offer from UB but I don’t know what happens to the outstanding mortgage payments. If I remember correctly we stay on our tracker.
If I am unable to get agreement from ex to sell and communication is poor between us what are my options regarding the property when I hopefully find work and UB start demanding payments?
Credit Union
Amount of shares €7000
Amount of loan outstanding: None
Monthly repayment None
Term left None
Other loans and creditors - delete those which don't apply to you
Loan to Family €2000 approx
Other savings and investments
Do you expect any lump sums in the medium term future?
Redundancy, inheritances, injuries awards. No
How important is retaining the family home to you?
Which of the following best describes your situation?
I don't care about keeping the family home.
Any other relevant information
Ex living in property now I,ve moved out no access to property. Living & paying rent, bills elsewhere.
What is your preferred realistic outcome?
Sell property or plan to have my share bought from me without risk of UB coming after me as joint owner on mortgage should ex fall behind on payments.
Net monthly (i.e. after tax) Income self: nature of income e.g. self-employed/public servant etc Unemployed Jobbridge €288 Weekly Income history: e.g. "I was made redundant in 2008 and have not had any work since..."
Net monthly income partner,spouse: Full time third level student, Back To Education Allowance recipient, I think?.
Income history:
Amount of child benefit received (Should be €130 per child) N/A
Amount of Mortgage Interest Supplement received (MIS is the social welfare payment to unemployed people, don't confuse with TRS) Unknown
Personal circumstances so we can calculate your reasonable living expenses
The Insolvency Service has published based on the family size, whether or not you need a car for work, childcare costs and other exceptional circumstances. By filling in this information, we (or you ) can calculate what your reasonable monthly living expenses should be.
One adult family or two adult family One adult
Do you need a car for work or do you use public transport? Car needed & Public transport also used.
No children
Monthly spend on special circumstances: e.g. exceptional healthcare costs 0
Home loan
Lender: Ulster Bank
Amount outstanding: €180K Term: 30 years
Value of home: €170K
Interest rate: specify whether tracker or SVR or fixed rate: tracker
Monthly repayment €375 (each)
Amount in arrears €2400
Home Insurance €26 & Life Insurance €67 in total per month.
Summary of discussions and agreements with the bank:
In Marp for two months. I have completed a SFS proving inability to pay mortgage until in employment.
UB spoke of offer for to pay reduced monthly mortgage payment of €250 in total for property over 36 months.(Prior to SFS completion) Unknown if ex has taken up this offer. I did not receive any documentation of this offer from UB.
Admittedly this is a generous offer from UB but I don’t know what happens to the outstanding mortgage payments. If I remember correctly we stay on our tracker.
If I am unable to get agreement from ex to sell and communication is poor between us what are my options regarding the property when I hopefully find work and UB start demanding payments?
Credit Union
Amount of shares €7000
Amount of loan outstanding: None
Monthly repayment None
Term left None
Other loans and creditors - delete those which don't apply to you
Loan to Family €2000 approx
Other savings and investments
Do you expect any lump sums in the medium term future?
Redundancy, inheritances, injuries awards. No
How important is retaining the family home to you?
Which of the following best describes your situation?
I don't care about keeping the family home.
Any other relevant information
Ex living in property now I,ve moved out no access to property. Living & paying rent, bills elsewhere.
What is your preferred realistic outcome?
Sell property or plan to have my share bought from me without risk of UB coming after me as joint owner on mortgage should ex fall behind on payments.
