29 May Banks don’t offer ‘solultions’ they just say ‘no’ Something that people find really frustrating is how they look to a bank for a solution and are simply told 'no', there is never any me... Continue reading
22 May Split mortgages – for when nothing else might work We have said in the past that split mortgages are not all they are cracked up to be, but they do have a place. We even made a nifty cal... Continue reading
21 May The credit bureau they don’t tell you about, an ‘internal’ ICB at Irish banks Something which isn't widely known is the way that banks keep internal credit scores. This isn't the bit they report to the ICB which i... Continue reading
Who’s the baddest of them all? The Irish Property Owners Association did a survey recently asking investors about their position with banks and how their investment w... Continue reading
The first rule about debt deals is ‘we dont talk about debt deals’ Due to disclosure requirements I can't actually tell you much about dealing with banks when it gets to the specifics of some cases, wha... Continue reading
Ulsterbank – refusing solutions which offer them full repayment? A new low has been set in how ridiculous the area of debt mediation can be when dealing with banks. The most recent one is where re-arr... Continue reading
Actual repossessions versus perceived repossessions If you were to read the headlines and not delve into the figures you'd be forgiven for thinking banks are either taking back houses who... Continue reading
A critique of the new Central Bank and CCMA measures This article appeared in the Sunday Business Post on the 17th of March 2013 A senior banker described the new rules introduced by the G... Continue reading
Taxation of debt forgiveness – is it a liability in waiting? The writing-off of a debt, for example, by a bank, is not a disposal for Capital Gains Tax purposes. We have already queried this with ... Continue reading