worst case scenario, what can the banks do to me if I am abroad and they cannot contact me?
Someone told me that I can be arrested at the airport if there is a summons to court for me...does it mean I could not return to ireland for 6 years even for a holiday?
Non EU country and a sum not worth chasing means they will do nothing.
there is a loan of €14k but also a mortgage though OP did not specify amount left and equity.
Bank will probably repossess house if no repayments are made.
there is a loan of €14k but also a mortgage though OP did not specify amount left and equity.
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Yes Bronte, I think you are right I need to speak to Ulster Bank. I hate dealing with them though..but it has to be done.
"If you are going abroad I advise you to build up a nest egg (from your tenant's rent). Everything that is discussed with the bank should ideally be in writing."
Bronte, will the bank not demand the money from me that I could potentially get from the tennents..Im not sure how I could build up a nest egg without the bank looking for the money?
Bronte, will the bank not demand the money from me that I could potentially get from the tennents..Im not sure how I could build up a nest egg without the bank looking for the money?
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