D
Dublin_Guy
Guest
My business (a limited company) collapsed earlier this year, leaving me unemployed and massively in debt. The landlord continued to pursue me for rent arrears (I’d signed a personal guarantee along with other directors). He recently got his judgement for over €100,000 and has now passed it to the sheriff for execution.
There’s no question of me having the ability to pay it, I’m struggling to just pay utilities, rent and feed myself. At this point I’ve also defaulted on all my credit cards and personal loans, though I’m making token efforts to pay. The landlord has refused all offers to even agree my share of what I owe, he wants the lot.
I’m concerned about what the sheriff can actually / will actually seize. I’ve read the law commissions report and several other online pieces but they really don’t detail what happens in practice. I really don’t have much, all the furniture is quite old and I don’t have a car or anything of any value.
Has anybody here any practical advice on what happens?
There’s no question of me having the ability to pay it, I’m struggling to just pay utilities, rent and feed myself. At this point I’ve also defaulted on all my credit cards and personal loans, though I’m making token efforts to pay. The landlord has refused all offers to even agree my share of what I owe, he wants the lot.
I’m concerned about what the sheriff can actually / will actually seize. I’ve read the law commissions report and several other online pieces but they really don’t detail what happens in practice. I really don’t have much, all the furniture is quite old and I don’t have a car or anything of any value.
Has anybody here any practical advice on what happens?