Dublin office: 01 531 3494 

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MABS To Get New Tools To Aid Homeowners

MABS To Get New Tools To Aid Homeowners

Struggling homeowners will soon be able take advantage of one of the 27 special Money Advice and Budgeting Service (MABS) outlets nationwide and will also be able to consult with court “mentors” during hearings. The Department of Social Protection is increasing the ability of MABS to assist distressed mortgage holders through a number of different measures including a greater role in offering information and advice through all stages of the mortgage arrears resolution process (MARP).

Oireachtas Justice Committee recommend Bankruptcy Term should be cut to 1 year

Oireachtas Justice Committee recommend Bankruptcy Term should be cut to 1 year

The Oireachtas justice committee has recommended that the bankruptcy term should be cut from three years to one year. The move puts pressure on the Coalition to act on the issue as its previous move to reduce it to three years from 12 years was widely criticised as not going far enough. The justice committee also left open the option for some bankruptcies to be extended to three years.

Top 5 Questions asked in Bankruptcy Cases

Top 5 Questions asked in Bankruptcy Cases

These are the top 5 questions asked by clients when considering Bankruptcy:

Myth 1: “Bankruptcy can’t save your home from repossession…”

You may not necessarily lose your family home in bankruptcy. You may be able to agree a schedule of mortgage payments with your bank and the Official Assignee, where such payments are within the Reasonable Living Expenses approved by him.

Contact us

1 Lansdowne Gardens, Shelbourne Road, Ballsbridge, Dublin 4.
T: 01 531 3494

6A Pearse Road, Letterkenny,
Co. Donegal.
T: 074 91 29110

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Monday to Friday

9:00am - 5:00pm

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