I contacted one of the main banks last December informing them that I was in financial difficulty and asked could I come to some agreement in relation to my cc and loans. The amount they offered to take for my cc was still too much and they wouldn't budge on the loans. To make a long story short despite numerous letters and financial statements being sent to them, they wouldn't agree to any payments that were within my budget and my case was sent to their solicitors. They then closed my bank account.
I heard nothing from the bank for some time and then i received court documents from the solrs for the cc and the loans.
I've written to the solrs and have forwarded them financial statements outlining what I can offer them as repayment based on the current househomld income. OH has recently been let go and has since had to start claiming illness benefit so our income has been reduced to €79 more than we need to survive every month and this is after we reduced our mortgage to €600 for the next three months.
Yesterday I received a letter from the solr stating that they are lodging the legal proceedings in the courts as I have failed to pay what I owe and that a judgment will issue shortly. They then asked me to confirm that I have a mortgage on my home address.
My question is will they go ahead with obtaining a judgment mortgage even though I have offered some form of repayment or will they just bring me to court to obtain a court order for the repayment. The reason I ask is that I have spoken to someone else who didn't make any payments or even offers of repayment on what they owed to the same bank and they were only brought to court and the judge ordered him to make an affordable payment.
I'm at the end of my tether at the moment. With a baby due in a few weeks and the OH being as sick as he is I really can't cope with the worry. Any information on what may happena next would be greatly appreciated.
I heard nothing from the bank for some time and then i received court documents from the solrs for the cc and the loans.
I've written to the solrs and have forwarded them financial statements outlining what I can offer them as repayment based on the current househomld income. OH has recently been let go and has since had to start claiming illness benefit so our income has been reduced to €79 more than we need to survive every month and this is after we reduced our mortgage to €600 for the next three months.
Yesterday I received a letter from the solr stating that they are lodging the legal proceedings in the courts as I have failed to pay what I owe and that a judgment will issue shortly. They then asked me to confirm that I have a mortgage on my home address.
My question is will they go ahead with obtaining a judgment mortgage even though I have offered some form of repayment or will they just bring me to court to obtain a court order for the repayment. The reason I ask is that I have spoken to someone else who didn't make any payments or even offers of repayment on what they owed to the same bank and they were only brought to court and the judge ordered him to make an affordable payment.
I'm at the end of my tether at the moment. With a baby due in a few weeks and the OH being as sick as he is I really can't cope with the worry. Any information on what may happena next would be greatly appreciated.