There could be a tax angle...you could sell company as going concern or liquidate it to avail of either Entrepreneur Relief or Retirement relief but as you say they should probably get tax advice
If they cant afford the mortgage payment it seems like a good case for a PIA. Dealing with a different unit in Pepper in Personal Insolvency its rather easy case. Dealing with normal restructuring unit in Pepper tends to be more difficult.
I got scammed when I was 20 in a confidence trick. Best lesson I learned. Out of pocket €60 but it was a great lesson. Brilliantly orchestrated feeding off competitive emotions. I actually sat back after it and marvelled at its execution.
I have not being stung since.
That was not in the...
Fundamentally they are already record saying they only care about Financial Stability and everything else is an after thought.....if anyone does not believe the CBI did not know about the Tracker issues they need their head read. It was deliberate action on behalf of banks to get more money in...
They deem it preferable this can be done versus the alternative that the state picks up social housing bill
Its just a Policy thing. A PIP cant do this easily against original lender, court would find it unfair
Just because it can be done does not mean it should be done. Everything is on the individuals circumstances and they should pay the level of debt they can afford
Brendan as a PIP Its not irrelevant,its the exact reason why it can be done. The Court views Pepper as an investor. Investments can go up and down. Theres no cost of funds here as its an Investment Fund. A lower rate simply reduces the profit
And its not me saying that Judge Marie Baker now in...
You can go direct from High Court to Supreme Court in a leapfrog appeal. To do so is rare. At the end of COA case they can then try to send to SC again
They increased provision for losses in their loan book but the underlying profit is huge for a bank that size and just goes to show how much the consumer is being ripped off
Why if a good is misdescribed in law you have rights. Why would a car be any different.
It would be expensive to litigate so easier to go embarassment route Conor Pope etc..
You should speak to a Solicitor with a view to suing the dealership and manufacturer based on Consumer Protection Act also lodge a complaint with CCPC
The valuation is regretabble but thats teh way EV market is going but the issue would be the misselling on range
You are wasting your time with mainstream banks and other financial institutions. You might have a chance after 4/5 years.
If Credit Union says No then you have to wait unfortunately