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Court and repossesion

  • 10-10-2013 7:48pm
    #1
    katy39
    Registered Users Posts: 117 ✭✭


    I'M ,55 the Bank Of Ireland says my Mortgage is unsustainable because I have been on Interest only for 3 years which is 300 euro a month. my full tracker mortgage is 1040 a month, I can appeal in writing but I would have to make a "substantial" offer of paying more. Would an offer of 500 a month
    (300 interest + 200) keep me out of court, ie the court would rule in my favour, I suppose what I want to know is what their bottom line is ,I'm with BOI
    Thanks in advance :)


Comments

  • #2
    Bepolite
    Closed Accounts Posts: 2,737 ✭✭✭Bepolite


    Bottom line is seek proper financial/legal advice. This can be done for free, where the need warrants it. If you can afford to pay more on to a debt you've agreed to pay you should. Granted that's a moral statement rather than a legal one.


  • #3
    hullaballoo
    Administrators, Entertainment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 18,750 Admin ✭✭✭✭✭hullaballoo


    I'm afraid there's no way of answering your question without giving professional advice, which is both against the forum and site rules. That being the case, you need to seek professional financial and legal advice. As BePolite has said, there are ways of doing this for free.

    Thread closed.


This discussion has been closed.
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