D
DeeDee30
Guest
Personal and income details
Income self: public servant etc
Income partner/spouse: Has left the country.
Number of children: 0
Amount of Mortgage Interest Supplement received:n/a
Home loan: €280,000
Lender: Ulster Bank
Amount outstanding: €285,500
Value of home: €120,000
Interest rate: SVR 4.75%
Monthly repayment: €800
Amount in arrears: €20,000
Had an agreement with the bank for the last 2 years paying €800 but received a letter yesterday saying that Debit Ask Ltd will now deal with my account.
Other loans and creditors:
Credit Card 6000 (paying 10% each month)
Car loan 2500
How important is retaining the family home to you?
I don't care about keeping the family home. After struggling for the last 4 years have decided that I can't live the next 30 something years like this.
Any other relevant information?
Ex spouse has left the country and has not contributed anything in the last 4years.
What is your preferred realistic outcome?
I will never be in a position to repay the home loan. So I want to sell the house and deal with the shortfall. Very seriously considering bankruptcy in the UK and just looking for some advise on my situation.
Income self: public servant etc
Income partner/spouse: Has left the country.
Number of children: 0
Amount of Mortgage Interest Supplement received:n/a
Home loan: €280,000
Lender: Ulster Bank
Amount outstanding: €285,500
Value of home: €120,000
Interest rate: SVR 4.75%
Monthly repayment: €800
Amount in arrears: €20,000
Had an agreement with the bank for the last 2 years paying €800 but received a letter yesterday saying that Debit Ask Ltd will now deal with my account.
Other loans and creditors:
Credit Card 6000 (paying 10% each month)
Car loan 2500
How important is retaining the family home to you?
I don't care about keeping the family home. After struggling for the last 4 years have decided that I can't live the next 30 something years like this.
Any other relevant information?
Ex spouse has left the country and has not contributed anything in the last 4years.
What is your preferred realistic outcome?
I will never be in a position to repay the home loan. So I want to sell the house and deal with the shortfall. Very seriously considering bankruptcy in the UK and just looking for some advise on my situation.
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