The original judgement will keep clocking up interest at 8% per annum. Also they will tack on the charges for seeking the instalment order.
No. Debts are civil matters. No need to worry on that score.Can you get a criminal record for not being able to pay your debts.
I think it would be very hard for them to get a judgement in your absence as you will needed to be served personally with a summons. Well that can't happen if you are not in Ireland.
Thanks for that info. What I am amazed at is the bank haven't taken possession of the 3 properties in Ireland, haven't sent any notices to the properties, have my email address and have an address in Bulgaria. There has been no correspondence whatsoever from the Bank. Is this normal? I just wish they would take the properties. Two years ago I asked them if I could sell them and they sent a lawyer the title deeds. I put them on the market and kept dropping the prices but absolutely nothing. I even put them on with multiple agents. What am I best to do, email the bank or leave them. Either way I have nothing to give them except hand the keys back to them and let them do what they need to do after that....
I've seen the original post on this query & didn't comment, because I feel that the question need to be answered from a legal rather than a banking perspective.Hello Brendan, could you help me, could I obtain an injunction in the Circuit to stop the sale of three properties by Bank of Scotland and halt the receivership process on another 3?
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