Seirbhís
Abhaile service for insolvent borrowers in mortgage arrears
Ó Insolvency Service of Ireland
Foilsithe
An t-eolas is déanaí
Teanga: Níl leagan Gaeilge den mhír seo ar fáil.
Abhaile is a State-funded service which is provided free of charge to insolvent borrowers who are in danger of losing their homes due to mortgage arrears.
The aim of Abhaile is to help mortgage holders in arrears to find the best solutions for their circumstances and keep them, wherever possible, in their own homes.
The Scheme contains 6 services to help borrowers, which are divided into financial and legal services.
- Personal Insolvency Practitioner service, The panel for which is available here
- MABS Dedicated Mortgage Arrears service
- accountancy service
- consultation solicitor service
- duty solicitor service
- Personal Insolvency Court Review service
The ISI manages the PIP service under the scheme and they provide specified fixed services, free of charge to the borrower, at fixed fees payable by the Scheme, in accordance with these Terms and Conditions.
Access to this service is by way of a payment voucher issued by the Money Advice and Budgeting Service (MABS) to all eligible borrowers.
Eligibility for the scheme is based on the following criteria, borrowers must be:
- insolvent (cannot pay their bills in full as they are due)
- in mortgage arrears on their principal private residence; and
- at risk of losing their home
In addition to the above they must also be in a home that does not have disproportionately large costs for their needs.
Booklet on the Abhaile service
Íosluchtaigh nasc le haghaidh
Íoslódáil
féachaint ar an gcomhad
Amharc
[document 231608 ]Abhaile PIP Panel October 2023