Say you had a number of bills on a particular month,can you then just not pay your mortgage?
1. If you can't afford to pay your mortgage what Solicitor would take on the work in the knowledge they may not get paid?
2. If you can afford to pay a Solicitor why can't you pay your mortgage?
If you are paying the minimum payment to a bank they will never do anything for you. We've had many of these cases on AAM. Banks will only deal with you when you stop paying, generally when you've used up all your savings (hide your savings under the mattress or in another bank for the rainy days). Then they will assess you and then they will come to an arrangement. This they are doing. I know of two arrangements myself (one got advice on AAM) where the banks are being 'easy'. One of these kept some savings in the kitchen cupboard, literally for medical bills in relation to ill children.
Kate that attitude and what that bank staff member said to your client is shocking. If it had been me I'd have taken the phone and given the bank staff member a word. The way they talk down to people is dreadful.
What's LMAO?
It is disgraceful that people have to do that. What is the bank's idea of the minimum you can afford? Literally what's left over after the groceries and ESB bill? No money allowed for medical bills or other unexpected expenses?
You've been on here a long time, the banks are vultures. They are not interested in people or life or medical bills. All they are interested in is allowing people the very bare minimum to live on. See what the bank said in Kate's post. That would be mild. The only reason the banks have any manners at all is that 'some' of their behavour is being commentated upon by judges and the regulator seems to be being more proactive
In the case I'm talking about they are doing fine. The worst in relation to the banks , for now, is over. Kids are fine, onegoing issues. But there is a ticking time bomb in Ireland in relation to the banks. The banks will wait, they are only biding their time. There are hints in the papers, Mick Wallace paying 20% interest, people going to court with a mortgage in arrears but the costs and interest amounting to multiple of that, Master of the High court mentioning suicide etc etc Figures of arrears being massaged.
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