Mortgage Arrears Litigation
Our firm acts on behalf of a number of institutional clients and receivers in the recovery of Mortgage Debt and the enforcement of security, whether through court proceedings or through the possession or sale of property.
We regularly act in court proceedings seeking possession of mortgaged property and in actions for the sale of property. Our Solicitors are highly experienced in this area and can offer expert advice where clients are considering such action.
If you are having trouble with mortgage repayments you should contact your lender’s arrears support unit to discuss your situation as soon as possible. Not doing so may result in matters escalating.
Lenders must follow codes of conduct regarding mortgage arrears and have a Mortgage Arrears Resolution process. Details can again be obtained from your lender or the current owner of the Mortgage Debt.
You may also avail of the services of your local MABS (the Money Advice and Budgeting Service) office who can assist in dealing with your finances and your Mortgage. MABS’ website can be accessed here – MABS – Money Advice and Budgeting Service . MABS are also involved in the Abhaile scheme for people in serious Mortgage Arrears who are at risk of losing their home. More on this scheme and what it involves can be seen at Abhaile – MABS . You can locate your nearest MABS office at Find a MABS office – MABS or call MABS helpline on 0818 07 2000.