If you have €10k in savings that will go into the pot and most of it will go on the PIP's expenses.
Who pays for the pip's expenses if he has no savings?
Are BOI staying in contact with you ? You cannot pay anything at the moment so they may just let it sit and eventually write it off.
OP - i'm not sure on your aspirations for a mortgage in the future. But while the debt may not be legally owed after 6 years, my understanding is that each year this debt will technically still be owed and therefore will not disappear from your credit record - which may mean getting a mortgage in the future will be unlikely when it shows you are continually defaulting on debts owed already. Something to investigate.
Also as a previous poster said, the debt is most likely joint and several. So I'm not sure it makes sense for the bank to accept a small lump sum just from you to write off the debt when for all they know, your ex may be loaded with cash.
If I’m showing that I cannot afford to pay it back they’ll pursue her for the money, and write me off?
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