Will My UK Student Loan Debt Prevent Me From Getting a Mortgage in Ireland? – Laura

“Dear Jon, Went to uni in London, ended up with two different student accounts, both Lloyds. Left London in 2012 , I said I was leaving the country and closed one account and left the other (with a £700 overdraft) open. I was never contacted but felt guilty enough to phone them 2015 when I … Read more

First Debt Settlement Plan Approved in Ireland Today

It feels like a lifetime ago I first began working to bring debt settlement to the Republic of Ireland. Northern Ireland already has a form of debt settlement known at the Individual Voluntary Arrangement (IVA). Not only did ROI not have any chance of a formal debt settlement approach to dealing with creditors, but there … Read more

What Will Happen to Me if I Don’t Repay My Northern Ireland SLC Student Loan? – John

“Dear Jon, I graduate from uni here in the uk this year. I study in England but my loan was given to me by the N.Ireland SLC. My student loan debt at the minute is just under £30,000. I believe it will be around £35k at the end of the next term. My family now … Read more

Irish Mortgage Holders Organisation Hopes to Mirror U.S. Credit Counseling?

A recent article in in the Irish publication Kiklenny People talked about a new Republic of Ireland charity, Irish Mortgage Holders Organisation. The group, founded by David Hall, a man with a long line of charitable endeavors, including an ambulance service and Make-A-Wish group, aims to provide better assistance for Irish consumers facing mortgage problems. … Read more

Living in Republic of Ireland and Struggling to Make Property Payments. Will We Lose Our UK Property?

“Dear Jon, I lived in the Republic of ireland from 2000-2008. My husband and I purchased a property there in 2005. We are struggling to make the payments on this property as we have since bought a house in northern Ireland (where we have lived since 2008). My question is if we were to foreclose … Read more

The Developer in Ireland Has Gone Bankrupt in the UK. Can I Get My Money Back?

“Dear Steve, I am writing about a developer that owes me money for a property deal that was to take place in the Republic of Ireland. I have received a High Court judgement in Ireland, and the bill of costs (which were awarded against him) are just being drawn up. However; just recently the developer … Read more

Republic of Ireland Comes to Its Senses On Irish Debt Relief

The Republic of Ireland is finally rolling out meaningful assistance for debtors in Ireland with a couple of new plans. Frankly this should have rolled out in 2005 when I was there trying to get meaningful debt help for consumers in Ireland. Regardless,the Irish papers are now reporting progress made. “The new Personal Insolvency Bill … Read more

Owe Debt in Ireland and Need to Go Bankrupt. Now There is a Way With the Help of IrishBankruptcyUK.com

Ireland has always been a debt perplexity. They’ve never really had a good way of dealing with past due debt and allow people to get a fresh start. When I was over in the UK for two years I spent quite a bit of time working on the problem or debt in the Republic of … Read more

How Can I Get Out of Debt in Ireland? – Andrew

“Dear Jon, No assets, rented room, €100k debt, no work, income. Dealing with childhood issues at last – no energy .Can you advise on getting out of debt in ireland? Thank you for your caring Can you advise on getting out of debt in ireland? Andrew” Andrew, It does sound as though your plate is … Read more

Ireland on the Verge of Joining the Modern World and Proposes to Stop Throwing People in Jail for Debt

In 2007-2008 I spent a lot of time in Dublin, Ireland helping groups try to put forward reasonable solutions for consumer debt. The reality was Ireland had no bankruptcy law so people were getting tossed in jail, a real modern debtors’ prison situation. I worked on developing the first attempts to help the court understand … Read more

The Personal Finance Brain Trust Tackles – Trying to Make Ends Meet But Still In Trouble

This weeks personal finance brain trust question was one that I received online. My wife and I are both working, paying rent and land payment (have been trying to sell it), 3 kids and other debts and bills we are struggling from pay to pay and never get ahead. We have also borrowed money from … Read more

Personal Finance Brain Trust – What Rights Should Debtors Have?

This weeks brain trust question was: Question: Bank of America is proudly telling people about their new loan modification program and how much it will help people. But this program did not materialize until Bank of America was sued by some states over predatory lending. The real world situation is that the majority of lenders … Read more

Debt Problems Are The Same In Indiana As They Are In Ireland

Patrick Bryan, a debt adviser friend of mine from Northern Ireland, and I were chatting recently about the universal nature of debt problems in the world. It became apparent that while we are all told that we live in an interconnected global economy it seems that the consumers of each country continue to suffer in … Read more