I don't know why you think that there should be a write-off? Is it in exchange for the early repayment of the tracker?Agree a monthly payment (loan amount) that is reasonable - Would include a partial write-off
Thanks Brendan,
The reason for the partial writeoff is to make sure we can afford the monthly payments. No point in agreeing something we know isn't financially viable.
Our original reason for negotiating was to keep a clear name in this country. Secured or unsecured we would end up with a judgement at some point.If you have difficulty with repayments how will the bank enforce repayments on an unsecured €80k term loan with you in a different jurisdiction?
Secured or unsecured we would end up with a judgement at some point.
I sent a certified letter yesterday morning laying out the situation and when I put in the tracking number today it says "Delivery Refused - Return to Sender".
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