Listen...they will not seize goods as such from a family home, they will not seize fridges or sofas or dvd players or kettles or beds or clothes ect,they will seize however jewellery ,cash , cars, or any other valuables that are relatively easily sold on, in general the banks wont send in the sheriff but that dosent mean the never do,the revenue on the other hand ALWAYS send in the sheriff,I know this from personal and painful experience,when my company went bust it was owed over 70k in from creditors,I owed the revenue 12k,I also owed a personal loan to AIB(22k) which I had used to try to prop up my business whilst waiting in forlorn hope of actually getting paid by main contractors who never had any intention of paying. Revenue sent in the sheriff,bank did not. To cut a long story short we lost our car which was sold on for 11k which was then forwarded to the revenue,it was at this point when I decided to liquidate,there was no point in flogging a dead horse so to speak. They will also know if you have any investment properties etc. They are doing a job and yes they are as reasonable as they can be under the circumstances,we could not reach a compromise as we were literally bust,we had less that 10k left in the business which we used to properly liquidate the company. Thats my experience anyway.