Ireland is currently in the middle of a mortgage crisis, with people struggling to repay their mortgages and many in fear of losing their homes. Making a Deal with Your Bank aims to help those in mortgage arrears in Ireland.
Drawing on his 35 years’ experience in banking, the author brings you step-by-step through the process of negotiating with your bank to achieve an arrangement that works for you.
Making a Deal with Your Bank:
• Gives you a clear idea of how to approach assembling your proposal for the bank, from accurately assessing your current financial position to realistically considering your goals
• Explains and applies the Mortgage Arrears Resolution Process (MARP), the recent legislation on insolvency to tackle the personal debt crisis and the reforming changes to the Bankruptcy Act
• Discusses the options available to you if you remain in difficulty, including those under bankruptcy and insolvency laws, and selling your house or buy-to-let property
This book is an essential and empowering guide for all those who are in mortgage arrears, and, indeed, anyone struggling with debt.