St. Bernard
Registered User
- Messages
- 149
Hi All
Looking for some advice on what I can do in my situation.
My wife and I are separating, we have 2 kids. Our house (Jointly Owned) is in negative equity by approx 90K. No savings. No other outstanding loans.1 car.
Me: Full time employment annual salary 42k per annum
Wife: Stay at home mom. Illness Benefit 9.5k per annum
Obviously we want the best for our kids but it will not be possible to live in the same house. I can’t afford to pay a mortgage (currently €1,200 pm) and rent and maintenance. As my wife is not working and will not be in a position to go back to work, as our youngest is only 5 months old and oldest not yet in school.
Anyone have advice on how to get through this. What rights will I have to our Kids and Home?
I am aware staying together is one way but this is not possible.
Thanks in advance.
SB
Looking for some advice on what I can do in my situation.
My wife and I are separating, we have 2 kids. Our house (Jointly Owned) is in negative equity by approx 90K. No savings. No other outstanding loans.1 car.
Me: Full time employment annual salary 42k per annum
Wife: Stay at home mom. Illness Benefit 9.5k per annum
Obviously we want the best for our kids but it will not be possible to live in the same house. I can’t afford to pay a mortgage (currently €1,200 pm) and rent and maintenance. As my wife is not working and will not be in a position to go back to work, as our youngest is only 5 months old and oldest not yet in school.
Anyone have advice on how to get through this. What rights will I have to our Kids and Home?
I am aware staying together is one way but this is not possible.
Thanks in advance.
SB