Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

having a debt in spain

Options
  • 07-06-2012 5:51pm
    #1
    macf
    Registered Users Posts: 11 ✭


    if I stop paying my spanish mortgage can any potential debt be pursued here in ireland and how would it affect my credit rating there? the property has a mortgage less than its value but legal fees could add up


Comments

  • Options
    #2
    am i bovvered
    Registered Users Posts: 1,102 ✭✭✭am i bovvered


    ???
    If the mortgage is less than the value, why don't you sell, pay off your debt and move on.


  • Options
    #3
    macf
    Registered Users Posts: 11 ✭macf


    thats exactly what I'm trying to do but there are so many bargain repossessions available to buyers it could take time which I don't have


  • Options
    #4
    dudara
    Registered Users Posts: 33,518 ✭✭✭✭dudara


    Moved to Banking & Insurance & Pensions

    dudara


  • Options
    #5
    Caseywhale
    Registered Users Posts: 170 ✭✭Caseywhale


    Ask a solicitor, but I do know someone who did this and they cant be touched.
    Your situation might not be the same though


Advertisement