Hi everyone.
Due to a vulture fund applying pressure, I was forced into bankruptcy today. Does anyone know what attitude PTSB typically takes in the following situation?
Family home in negative equity with the father forced into bankruptcy. Mother is clear. House in negative equity by about 100k, but with mortgage in order, with one half warehoused and the other half serviced as per agreement.
Ideally, life will go on as both adults back in education so there is something being done about it. Is anybody aware of scenarios like this? Does PTSB allow things to run or do they tend to go nuclear.
All opinions are welcome.
Thank you.
Due to a vulture fund applying pressure, I was forced into bankruptcy today. Does anyone know what attitude PTSB typically takes in the following situation?
Family home in negative equity with the father forced into bankruptcy. Mother is clear. House in negative equity by about 100k, but with mortgage in order, with one half warehoused and the other half serviced as per agreement.
Ideally, life will go on as both adults back in education so there is something being done about it. Is anybody aware of scenarios like this? Does PTSB allow things to run or do they tend to go nuclear.
All opinions are welcome.
Thank you.