Private Residence: Mortgage 294k, Currnt value 230 - 250k
Investment 1: Mortgage 130k , current value 130k - 150k
Investment 2: Mortgage 209k, current value 150k
Sorry should have posted this thread under Redundancy, unemployent.....
Thanks for all posts to date
What I can't understand is why those of us who tried to better our lives, were willing to get off our backsides and achieve in life, are now made suffer. This is so wrong and a group of likeminded people should come together and start fighting for the rights of the "GO GETTERS OF IRELAND"
Here is the Department's guidelines on means assessment. http://www.welfare.ie/EN/OperationalGuidelines/Pages/meansassess.aspx
It clearly states that property that you own and in which you do not live should be assessed at the capital value minus the mortgage.
If the CWO is going to assess you on a different basis, you would want to be asking her why she is doing that.
The country is up the creek, thanks to THE GO GETTERS OF IRELAND who gambled on the price of property going up and up, and lost. What about the rights of those who did not gamble ?
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