Our Services

Who & How We Can Help

We are here to help families and individuals who are faced with mounting debts and face the possibility of losing their home.

  • We deal with all types of debt including secured and unsecured and will work with your creditors to find an affordable and sustainable solution agreeable to both parties.
  • We will negotiate on your behalf and dramatically reduce the level of calls and letters to you and will stay with you every step of the way.
  • We will collect all paperwork from you, prepare your Standard Financial Statement and deal with your creditors.
  • When we have determined your affordability to your creditors, we will prioritise your mortgage and secured debts and pay your unsecured creditors on a pro-rata basis.
  • We will explain all agreements to you in simple terms and ensure all agreements are finalised.
  • We will educate you in relation to your spending habits and budgeting.

Our primary focus will be to negotiate long term arrangements on family homes where clients are in arrears and may be facing repossession. Our aim is to agree on a long term sustainable and affordable solution which is agreeable to both parties.

We commit to treating all customers compassionately and without judgement.

 

Finding Debt Solutions

We deal with all types of debt including secured and unsecured and will work with your creditors to find an affordable and sustainable solution agreeable to both parties.

We deal with the following types of debt:

  • Mortgages
    • PDH – Private Dwelling House (Family Home)
    • RIP – Residential Investment Properties
    • Mortgage Shortfalls
    • Mortgage Arrears
  • Credit Cards
  • Credit Unions
  • Personal Loans
  • Overdrafts
  • Revenue Debts
  • Car Loans
  • Business Debts

Negotiate

We will negotiate on your behalf and dramatically reduce the level of calls and letters to you and will stay with you every step of the way.

Here are a few of the type short term arrangements that we recommend:

  • Interest only: You only pay the interest on your mortgage for a period of up to 12 months.
  • Interest and part capital: You only pay the interest on your mortgage and part capital for a period of up to 12 months.
  • Temporary, partial or full moratorium: You defer paying all your capital and all or part of your interest mortgage repayments for a specified period of time.

Paperwork

We will collect all paperwork from you, prepare your Standard Financial Statement and deal with your creditors.

Prioritisation

When we have determined your affordability to your creditors, we will prioritise your mortgage and secured debts and pay your unsecured creditors on a pro-rata basis.

Clarification

We will explain all agreements to you in simple terms and ensure all agreements are finalised.

Education

We will offer advice and guidance on your household budget and spending habits.

Our fees

Initial Consultation Free of Charge
Initial Deposit (to commence with customer file) €250.00
1 x PDH (Private Dwelling House) and up to 5 Creditors Advice and Negotiations €1,245.00
(Inclusive of Initial Deposit)
1 x PDH (Private Dwelling House) and up to 10 Creditors Advice and Negotiations €1,595.00
(Inclusive of Initial Deposit)
Each Additional RIP (Residential Investment Property) Advice and Negotiations €250.00
Review Fee Advice and Negotiations €295.00
Success Fee Payable if a Restructure is obtained, and includes verification of the final signed restructured paperwork signed off €495.00
Additional Costs which may apply: The following fees may be incurred should your lender decline our initial proposal:
  • To Lodge an Appeal in relation to their decision
  • To Lodge a Formal Complaint
  • To provide a letter for the Circuit Court
  • To attend court with Client (Includes Travel & Expenses)
  • To submit a complaint to the Financial Services Ombudsman
 
€75.00
€75.00
€50.00
€100.00
€150.00

The majority of our cases involving one Family Home and up to 5 additional Creditors can be resolved for an overall fee of €1,740 which includes the Initial Fee of €250, Negotiation Fee of €995 and our Success Fee of €495 and is payable in the following stages:

Initial Deposit Upon payment, Letters of Authority are issued to your creditors and the process commences €250.00
Balance of fee the remaining balance can be paid by Standing Order on a weekly, fortnightly or monthly basis until the fee is paid in full. We will do our utmost to put a specific plan in place to tailor each client. Upon payment of the balance, our proposals, including Standard Financial Statement and Statement of Means are issued to your creditors and the negotiations commence. €995.00
Success Fee Payable when a long-term arrangement / restructure are negotiated and includes verification of the final signed restructured paperwork signed off €495.00

On mobile devices this table scrolls across! Swipe across to see the full table.

If a repayment plan proposed on your behalf is unsuccessful, there is no refund on fees

When the charges will be payable and how they can be paid is as follows:

Invoices will be sent when we are in receipt of your signed Customer Engagement Letter and we kindly request that payments are made in advance of the preparation of a Standard Financial Statement.

In more complex cases or cases with more than 10 creditors, the firm will need to charge additional fees and those fees will be clearly identified in writing prior to commencing your services.

We will be entitled to submit interim invoices for the Services and disbursement as work progresses. Invoices are payable within 30 days of presentation. We reserve the right to add interest at a rate of 2% a year over 3 month EURIBOR (Euro Inter Bank Offered Rate) for the time being, on any invoice that remains unpaid 30 days after presentation.

Payment of Invoices can be made by Cash and Cheque.

If a proposed Repayment Plan made on your behalf is unsuccessful, there is no refund on fees.

Documents required

  • Photo ID
  • 3 months Bank Statements (Must be dated within the last 3 months and show a continuous 12 weeks of transactions)
  • 3 x most recent Payslips or P60
  • 3 x Social Welfare Slips
  • Last 3 years Audited accounts (Self-employed)
  • Latest Mortgage Statement (or most recent correspondence)
  • Recent correspondence from All Creditors (not utility bills unless in arrears)
  • Copy of Separation / Divorce Agreement where applicable

Terms of Business

WARNING: YOU MAY STILL HAVE DEBT OUTSTANDING AFTER COMPLETING THE DEBT MANAGEMENT PROCESS

Some Recent Restrucutres

Check below for some of our most recent restructures for clients.

The examples of Restructures given on our Website are indicative of some of the resolutions being offered by our clients’ lenders. Each file is assessed on a case-by-case basis some of the given examples may not apply in your current situation

WARNING: YOU MAY STILL HAVE DEBT OUTSTANDING AFTER COMPLETING THE DEBT MANAGEMENT PROCESS

Image of a happy male client

“Our client came to us with only a small level of Arrears of €5k but his bank had been threatening Legal Proceedings. Today, we had what we feel, was a breakthrough. The bank was seeking a monthly repayment of €768 and agreed today to accept a more affordable €540 per month.

NC, Louth - May 2017
SPLIT MORTGAGE RESTRUCTURE AND LUMP SUM WAREHOUSED