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Hi @Stuboy, could you qualify what ‘date’ you’re talking about? Date bankruptcy was declared originally in High Court OR later date of exiting bankruptcy? (My wife and I should be exiting bankruptcy in early July, so if it’s the former ‘bankruptcy declaration date’ then we too should seek our...

That fee is ridiculous. If you do the paperwork yourself (which is really just a load of tables and figures) then you can get same checked by the PIP and they'll give you a letter stating ye need to go bankrupt. My wife and I went bankrupt for a total of €750 plus VAT payable to the PIP plus...

@MikeL2007 At what date are banks meant to change your ICB etc. records to show mortgage loans as ‘withdrawn?’ After you’re declared bankrupt or after you exit bankruptcy? And is that procedure a statutory obligation - or - just based on the whim of the particular bank you previously had a...

I rang PTSB recently due to current media updates and was told - again - that I’m not included in the ‘BTL write down’ batch. Told them over the ‘phone and email that all our docs are lodged with IMHO and we’re awaiting date at high court for bankruptcy. Also explained they’d be down circa...

Am intrigued by the above scentence from PTSB... What does it mean exactly? Having not paid a cent in capital or interest in nearly three years and having amassed about €140k arrears on BTL’s, I wonder would it be worth my while contacting them and discussing the above agreement? (I was...

Great, if we go bankrupt in early November, then would you say the ISI won't get around to my 'case' till early 2018? If so then the car will be a 'year' older and the kms on the clock will be above 200K..

Hi all, Just looking for some advice here. The only car we have is registered to my wife and has received an official valuation from a local SIMI dealership to be worth circa €6,000. It is a mid-2011 car, 190k kilometres on the clock, loads of scratches etc. Some 2nd hand vehicles sold by...

@Maz2408, You should consider starting a new thread with your post - as you might garner more attention that way.

Nope. Wouldn't give out any criteria, or when 'pilot' would be expanded if ever.

By the way, I rang up PTSB and enquired as to why my BTL mortgage(s) was not included in this 'sell and writeoff' offer.. But PTSB would not say why my BTL's were not included in this 'pilot scheme' - nor would they give out the criteria under which certain BTL's qualify (as I have large arrears...

PTSB have the ability to appoint 'Rent Receivers' - private firms - that can legally collect rent from BTL's and disburse same after taking their cut - to PTSB. This is allowed as it's written into the BTL mortgage agreement. They can't appoint a 'Repossession Receiver to 'easily' repossess...

Cremeegg, The law does provide for PTSB to 'take the house' but it's more costly as Jim Stafford points out. How can tenants 'get on with their lives' if they've just been evicted and are on the side of the road?

Another thing that crossed my mind.. .. PTSB should also guarantee a clean ICB record in the event of sales occuring through vacant possession of BTL properties. I.e the credit record should be "qualitatively better" then that of a bankrupt. So that same can apply for credit again ASAP to get...

But Cremeegg, Obviously, from the PTSB POV - this 'write down' solution is financially more preferable for them - then to 'force' bankruptcy upon BTL owners. ------- Now to test PTSB's willingness to assist in the termination of tenancies (in order for those properties to be sold under vacant...

This rule is vague and open ended.. Where are the definitive list of 'exceptions'? Why can't bankruptcy be added to divorce as an 'exception'??

I am not a PIP but a person who plans to enter bankruptcy soon along with my wife. My opinion based on info gathered thus far is that the IMHO will get you a signed statement (for free) indicating that their external PIP has evaluated your finances and declared that routes other then bankruptcy...

Hi Catastrophe, Just wondering - if you were over the RLE's during your first year of bankruptcy, does payment of that amount not continue for the full three year payment term from date of adjudication? Also - if during those three years, you earn extra income, work overtime etc - does that...

Have a read of Nicole Foss latest epic essay "Negative Interest Rates and the War on Cash". https://www.theautomaticearth.com/tag/nicole-foss/ Essentially > cash out, low denomination notes. Preferably 'German' euros with the 'x' on them.

Hi Silvio, That link was - [broken link removed] Hope it works now.

Hi all, I'm trying to find out what the OA's / Insolvency Service of Ireland's opinion is on the following.. Say a Payment Order is in place post the 1 year bankruptcy period. After discharge, I get a job and earn a living. Can any more cash be taken from me post discharge - to add to the...