eyesgreen_1
Registered User
- Messages
- 95
Hi, just an update on my situation. I had the meeting with my PIP this morning. He recommended Bankcruptcy as my income was too low and intermittent to offer the bank any kind of a deal which I expected to be the case. His quoted an up front fee of €2750. It would certainly seem that this is the route to go down as because of my circumstances there is a good possibility I will be able to keep the family home. (I just have to find a way of raising the €2750).
I am aware that some people are applying for Bankcruptcy themselves, but the Irish insolvency website still recommends to garner professional assistance to navigate the bankruptcy process, any thoughts on this?..
Also I would normally be paying a preliminary tax for my part time work tax return, would I be better holding off on this preliminary tax and using it towards the PIPS fee as my tax bill from the revenue will be written off under my bankruptcy..is this correct?
Any thoughts or insight into any of the above would be greatly appreciated.
I am aware that some people are applying for Bankcruptcy themselves, but the Irish insolvency website still recommends to garner professional assistance to navigate the bankruptcy process, any thoughts on this?..
Also I would normally be paying a preliminary tax for my part time work tax return, would I be better holding off on this preliminary tax and using it towards the PIPS fee as my tax bill from the revenue will be written off under my bankruptcy..is this correct?
Any thoughts or insight into any of the above would be greatly appreciated.