It doesn't matter that you owe more than it is worth, if you can pay, just suck it up!
It doesn't matter that you owe more than it is worth, if you can pay, just suck it up!
The Law Reform Commission have already made their mind up on what they are going to do. Submitting our opinions is futile (Unless you're CEO of a bank). This is simply a PR exercise.
The government promised to pay me €60k a year if they honour their word I will honour mine!!
I would be happy to continue paying the same % of my income in mortgage repayments as I was doing before the people who lent to me ballsd up the financial system.
Tongue in cheek really but normal rules dont really apply in the situation we find ourselves.
Have you even the slightest basis for making such a comment?
Have you read their consultation paper or even part of it?
Did you attend their seminar on the topic?
One of the extraordinary things about the document is that it is undecided on many big issues. The biggest issue of all is mortgages and they have said very little on them.
No developers are being bailed out. they still owe every cent they borrowed.
The banks are being funded so our economy can continue to function.
The banks are being funded so our economy can continue to function.
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