Thanks for replying, just worried what action they can take if any. I have absolutely nothing to give or for them to take. I live day by day with no savings etcGenuine question. What consequences are you worried about if you have nothing to give the bank (or nothing for the bank to take)?
You sound like a candidate for a write off. Will let others here advise how to work that. Good luck.Thanks for replying, just worried what action they can take if any. I have absolutely nothing to give or for them to take. I live day by day with no savings etc
On looking, is that not only for 35k and under?talk to MABS.
On the face of it, you could get a Debt Relief Notice
Debt Relief Notices
People on very low incomes who cannot pay their debts may apply for a Debt Relief Notice.www.citizensinformation.ie
There are some other options but I think a DRN sounds best.
Personal insolvency options
There are 3 debt resolution procedures to help people with unsustainable debt to reach agreements with their creditors.www.citizensinformation.ie
I don't have any spare monies to make a settlement arrangementSorry, Ken. I misread your post
Yes, so you will need a Debt Settlement Arrangement.
Brendan
Thats down to each individual lenders appetite. Nobody can give you a straight answerHello all, on the topic Personal Insolvency, we were discharged 2.5 years ago after a 5 year insolvency plan, would we still only be able to apply for any type of loan after a further 6 years of being discharged? and is our credit rating only cleared after 6 years of being discharged? any info would help. Thanks
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?