Personal and income details Net 29,000 (after tax) Income self: public company Income history: employed in past 4 years Net income partner/spouse: NIL (self employed for past 4 years, nil income - not actively trading) no social welfare (unable to know if eligible), spouse got into depression after being made redundant. Not willing to apply for social welfare. Income history: number of children: none Amount of Mortgage Interest Supplement received: none Home loan Lender: AIB Amount outstanding: 330,000 Value of home: ? (200,000) Interest rate: specify whether tracker or SVR or fixed rate: Tracker Monthly repayment: 1,200 (the ECB interest rates are low now) this will go up in 12 months time once TRS expires Amount in arrears: 8,400 (about 8 months) Summary of discussions and agreements with the bank: AIB agreed to interim solution of lower repayments, this has now ended. AIB didn't agree to term extension - no written reason given (verbal reason given: this will extend over the standard lending terms (35yrs) No other proposals from the bank Other loans and creditors - Overdraft - had overdraft 600, AIB bank wrote to me saying that I didn't contact them (bank claims they sent one letter), shortly the overdraft cancelled. I responded in writing, claimed no receipt of first letter, requested to extend overdraft. No response from the bank. Credit Card - n/a Credit Union - n/a Car loan - n/a Family - n/a Cash Loan - 5,000 (135 per month), renegotiated from 285 per month (term extended on the cash loan), PPI present about EUR 15 per month ( is it recommended to cancel it?) Other savings and investments: n/a How important is retaining the family home to you? Which of the following best describes your situation? I really want to keep the family home. Any other relevant information What is your preferred realistic outcome? Term extension, part of negative equity write-off, or another solution if becomes available So far I have kept monthly repayments on the cash loan. For the past 8 months I have contributed towards mortgage with the maximum amounts I could afford. I may be able to contribute higher amounts, this will affect the quality of life. Would it be recommended to default on cash loan and put 135 towards mortgage on the monthly basis? Spouse keeps the electricity account in her name, this also went into arrears (about 600), the electricity company threatens to disconnect the supply by end of this month. What options do I have there? I'm unable to deal with them as I'm not the account holder. Ongoing health issues for both of us. In fact spouse doesn't want to hear about mortgage, arrears, debt etc. What reasonable amount of monthly repayments would keep me afloat with the bank, I wish to be in the position that bank can agree to lower repayments or dissolve part of the negative equity (thus reducing repayments)?