We are here to help families and individuals who are faced with mounting debts and face the possibility of losing their home.
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.
We will offer advice and guidance on your household budget and spending habits.
|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:
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
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.
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
NC, Louth - May 2017
“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.